Search Results for: life insurance

August 9, 2024 @ 11:12 am By Omar Faridi  |  

PhonePe announced the launch of a ‘pre-approved term life insurance’ feature on its platform. The feature aims to make insurance coverage more “accessible and affordable for millions of Indians by waiving the requirement for proof of income at the time of policy purchase.” With this launch,… Read More

June 7, 2023 @ 9:00 am By Omar Faridi  |  

  Meanwhile, the first and only life insurer entirely denominated in a cryptocurrency has announced ~$19 million in financing across two seed rounds, the first co-led by Sam Altman, CEO of OpenAI, and Lachy Groom, previous head of Stripe issuing, and with Gradient Ventures (Google)… Read More

May 2, 2023 @ 8:13 am By Omar Faridi  |  

Iress recently announced that Reassured, the UK’s “largest” life insurance broker, has selected The Exchange platform in order “to power both its advised and non-advised protection business.” Iress was “chosen after a thorough selection process based on the potential for a long-term partnership and its… Read More

April 11, 2023 @ 10:17 pm By Omar Faridi  |  

FWD Group Holdings Limited recently completed its majority investment, with other investors, in Gibraltar BSN Life Berhad, “marking its entry into the Malaysian life insurance market.” The transaction was originally “announced on 20 February 2023.” As a result, FWD Group can now “provide a full-service… Read More

January 1, 2023 @ 1:59 pm By Omar Faridi  |  

Halo Investing, the protective investment platform for today, and Ladder, the digital life insurance agency of tomorrow, announce their partnership. Advisors now have access to more life insurance options “with greater term flexibility, potentially saving policyholders up to 40%.” An all-digital architecture and real-time underwriting… Read More

August 11, 2022 @ 3:52 pm By Omar Faridi  |  

Eagle Life Insurance Company, a provider of fixed and index annuities, has announced that it is teaming up with InvestCloud, a key player in digital transformation, “to offer access to product details about its fixed index annuities (FIAs) via the InvestCloud platform.” Via the InvestCloud… Read More

November 3, 2021 @ 8:06 pm By Omar Faridi  |  

Spanish financial institution CaixaBank has teamed up with B2B2C Insurtech platform bsurance in order to implement and test out embedded life insurance products. The collaboration is reportedly a part of CaixaBank’s open innovation program, Innsomnia. bsurance has been chosen along with seven other startups from… Read More

June 3, 2021 @ 8:23 am By Samantha Hurst  |  

  Anorak, a UK-based life insurance advice platform, has reportedly secured £5 million through its latest investment round, which was led by Outward VC, with participation from Triple Point Ventures and Kamet Ventures Founded in 2017, Anorak describes itself as a technology company that is… Read More

May 23, 2021 @ 10:07 pm By Omar Faridi  |  

Digital life insurance provider Blue has introduced the #WeSupport initiative to offer its clients with free post-vaccination protection from April 8, 2021 to  July 31, 2021. As noted by Blue’s management: “Blue is Hong Kong’s first digital life insurer – in fact we are more… Read More

April 19, 2021 @ 2:59 pm By Samantha Hurst  |  

    Versured, a U.S.-based insurtech, announced on Monday the launch of its commercial and life insurance. Founded in 2019, Versured stated it was built on a foundation of trusted brokerage partners with broad insights and experiences. Our core value of trust has remained central to… Read More

February 11, 2021 @ 7:30 am By Omar Faridi  |  

Lemonade (NYSE:LMND), a fast-growing Insurtech that emerged as one of the most successful initial public offerings of 2020 (and recently launched life insurance), has teamed up with Bestow, a “full-stack” life insurance firm. Powered by Bestow’s Protect API, Lemonade clients may apply for “instant,” and… Read More

January 5, 2021 @ 11:07 pm By Omar Faridi  |  

Switzerland-based SafeSide Life, a digital life insurance solution provider, has teamed up with miira, a comparison platform for enhancing personal retirement planning (that’s powered by PostFinance’s Innovation Lab). Through the partnership, the companies will aim to improve how consumers analyze financial protection requirements and subsequently… Read More

December 1, 2020 @ 3:03 pm By Samantha Hurst  |  

Nubank and Chubb announced on Tuesday the launch of a fully digital life insurance offering, Nubank Vida, in Brazil. According to the duo, Nubank Vida is underwritten by Chubb and was developed using the integration capabilities of Chubb Studio, the global digital product distribution platform… Read More

November 10, 2020 @ 3:58 pm By Samantha Hurst  |  

Policygenius, a U.S.-based online insurance marketplace, announced on Tuesday the release of its November 2020 Life Insurance Price Index. According to Policygenius, the Index displays average monthly life insurance rates using current data from leading life insurance carriers. New data from this free index is… Read More

November 9, 2020 @ 12:08 pm By Samantha Hurst  |  

Bestow, an Insurtech that delivers algo powered life insurance underwriting, announced on Monday it is expanding access to its entirely digital term life insurance experience. The company unveiled its new product, Protect API, which enables companies to directly offer life insurance coverage within their apps… Read More

October 4, 2020 @ 10:31 pm By Samantha Hurst  |  

DeadHappy, a UK-based life insurance brand, is set to close its equity crowdfunding campaign on Seedrs with nearly £2.4 million raised. The funding round, which aimed to raise £1.5 million, has attracted more than 950 Seedrs investors. Founded in 2013, DeadHappy stated it exists because… Read More

September 17, 2020 @ 9:12 am By Samantha Hurst  |  

Policygenius, a U.S.-based online insurance marketplace, announced earlier this week it offering Lincoln TermAccel, which is a new life insurance product from Lincoln Financial Group. Policygenius claims that Lincoln TermAccel provides customers with a new way to access life insurance conveniently and quickly. PolicyGenius also… Read More

September 9, 2020 @ 3:31 pm By Samantha Hurst  |  

  Policygenius, a U.S.-based online insurance marketplace, announced on Wednesday the launch of the Policygenius Life Insurance Price Index, which displays average monthly life insurance rates using current data from leading life insurance carriers. Policygenius revealed that the index launches in tandem with Life Insurance Awareness… Read More

June 25, 2020 @ 10:44 pm By Omar Faridi  |  

GREAT Eastern (Life Assurance), the largest life insurance company in Singapore and Malaysia, will be investing $70 million into Axiata Digital’s financial services business, in order to take part in the company’s Fintech-focused plans, according to Khor Hock Seng, group CEO at Great Eastern. The… Read More

June 9, 2020 @ 1:16 pm By Samantha Hurst  |  

Policygenius, a U.S.-based online insurance marketplace, announced on Tuesday it has formed a partnership with annuity and life insurance provider Brighthouse Financial to offer an exclusive accelerated underwriting life insurance product, Brighthouse SimplySelect. According to Policygenius, the insurance product features an accelerated purchase process that… Read More