Does any know how I can invest money into an Insurance company?

Would it be better to invest in an already established insurance company or one that's just starting?

buy the stock. I would go for an established blue chip company.

I just invested in a Bond for an insurance company. Pays a good dividend, no risk.

Well you've picked the right companies to invest in. Insurance companies have been around for 300 years and are the very safest place to invest. But invest in well established companies.

You can invest in two ways:

1) Buy stock in the company(s), but like any stock they're tied to the market so their value can go up or down. Also if you decide to liquidate some stock you will be subject to capital gains tax on any gains over and above your basis.
or
2) Invest your money into an Equity Indexed Universal Life Policy of an insurance company. Your money is tied to the stock market, but when the market goes up your gains are locked in and when it goes down you don't lose anything. Also - if you have a sizable chunk of change to invest - with certain EIUL's you can put your money in over a 5 year period following IRS guidelines, then your money grows tax deferred and you can access it tax-free at any time. This is great if you're saving for retirement, because when you retire you'll have a nice nest egg and you wont have to pay tax on withdrawals like other retirement plans such as IRA's and 401K's.