Term Life Insurance Innovation

Goals

To understand innovation in the term life insurance sector: startups. To obtain information on each innovation's time in market, capital raised, gross revenue, website, and key features.

Early Findings

Overview

  • Startups are attempting to resolve carrier problems and any barriers.
  • Examples of startups that are aimed at term life insurance are Ladder are Insquik.

Proposed next steps:

You need to be the project owner to select a next step.
Following our initial research, we recommend identifying 6-8 startups that offer solutions in the term life insurance sector. For each startup, we will determine the length of time it has been in the market, capital/funding raised, gross revenue, website, and key features.
Additionally, we could provide the same insights into startups in the general life insurance sector altogether. These do not have to be specific to term life insurance only. We would need to identify 9-12 such startups.