Nassau Financial Group, a Connecticut-based financial services company, has announced two new investments in Insurtech startups, Quorus Inc. and Kadance, Inc., through its expanded Nassau Reimagine program.
Quorus Inc., based in Westport, CT, is a technology-driven asset manager that assists asset managers and financial advisors in delivering personalized, tax-efficient portfolios at scale. The company leverages modern technology with quantitative portfolio management to automate the construction and rebalancing of custom strategies, aiming to improve client outcomes and streamline advisor workflows.
Kadance, Inc. is a genomics-based precision health navigation company. It focuses on redefining access to and benefits from personalized health insights by operating at the intersection of life science, insurance, and health management. Kadance aims to simplify access to advanced technologies that identify and reduce health risks, initially concentrating on cancer and pharmacogenomics.
Phil Gass, Chairman and CEO of Nassau, commented on the investments, stating, “Nassau’s expanded presence in this sector underscores our conviction that the future of insurance and retirement will be shaped by modern digital experiences and collaborative partnerships that create value for carriers, agents, and policyholders. The strong response to our expanded Reimagine program affirms this direction, and we believe that this can be a win-win for startups, the local community, and the financial services industry as we continue to identify and support identifying innovative technologies.”
Established in 2019, the Nassau Reimagine program has supported over 100 startups and scaleups transforming the Insurtech landscape. In 2025, the program was expanded with a new $10 million capital commitment designated for direct investments in early and mid-stage startups across Insurtech, Fintech, Retiretech, and other related sectors. While operating nationwide, Nassau also targets companies in its primary business locations, including Connecticut and New York. Portfolio companies are selected through a structured sourcing, diligence, and pre‑clearance process managed by a cross-functional team at Nassau, which is headquartered in downtown Hartford. Startups interested in the program can submit their interest via the Nassau Reimagine website. The program also collaborates with public and private entities, such as state economic development programs, academic institutions, industry organizations, and other accelerators and incubators, to identify potential investment opportunities.
Nassau Financial Group, located in Hartford, Connecticut, operates as a growth-focused and digitally-enabled financial services company with an integrated platform spanning insurance and asset management. Nassau offers fixed annuities for retirement solutions, supported by digital capabilities and client service. Nassau Asset Management LLC and its subsidiaries manage the assets of Nassau’s insurance companies and provide specialty investment strategies to third-party clients, covering public and private debt, CLO debt and equity, real estate debt and equity, and alternatives.
