LONDON (Reuters) – Softbank's Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services, a Vision Fund executive told Reuters. In the past year, the world's biggest private technology investor has backed China's largest online insurer ZhongAn 6060.HK as well as PolicyBazaar, India's biggest online insurance distributor, and app-based U.S. home insurer Lemonade. And these and other insurance bets totaling nearly $3 billion are just the start, Vision Fund dealmaker David Thevenon said. The Vision Fund has raised nearly $100 billion, almost half of it from Saudi Arabia's sovereign wealth fund. "We believe that technology and how data is used, processed and collected is going to transform insurance," Thevenon said.