(Chuck Chamness, former NAMIC CEO and advisor to Sandbox Insurtech Ventures. Source: Sandbox.)
Sandbox Insurtech Ventures, a Chicago-based venture capital firm that invests in promising insurance technology start-ups regardless of stage, and drives collaboration between incumbents and InsurTechs, has announced that Charles (“Chuck”) Chamness, former CEO of the National Association of Mutual Insurance Cos. (NAMIC), has joined the firm as an advisor. Based in Indianapolis, Chamness will collaborate closely with the Sandbox Insurtech leadership team and its portfolio companies to provide strategic counsel across the insurance industry.
Chamness has over 27 years of experience across board governance, executive management, government affairs, regulatory affairs, and public affairs. In July 2021, he concluded an 18-year tenure as President and CEO of NAMIC, a property/casualty insurance trade association, during which he also obtained both National Association of Corporate Directors (NACD) certified Governance Fellow and NAMIC Mutual Director Certification (MDC).
“We are delighted that an executive of Chuck’s caliber and experience has joined our team, and we look forward to leveraging his deep relationships and industry expertise to drive value for our investors, portfolio companies and partners,” says Chris Zock, Partner, Sandbox Insurtech Ventures.
“Sandbox Insurtech has distinguished itself as a leading investor in transformative insurance technology and I am excited to support the firm as it continues to grow,” comments Mr. Chamness. “The insurance sector is reaching a significant period of innovation and development, and I look forward to working closely with Chris and the Sandbox team to identify the next generation of strategically important companies.”
Sandbox Insurtech Ventures is the dedicated insurance investing strategy of Sandbox Industries, a venture capital firm that manages sector-based funds across insurance, healthcare and sustainable food and agriculture.
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