Canadian ICMIF member Promutuel Insurance announced this week that it is investing in Portage Ventures III, the third venture capital fund of Portage Ventures, intended to propel start-ups in the fields of financial technology (fintech), insurance (insurtech) and wealth management. This investment will allow Promutuel Insurance to be on the lookout for innovative and emerging solutions developed by bold entrepreneurs who are keen to challenge the insurance and finance ecosystem.