Insurance start-up FinFit Life makes its debut

FinFit Life | December 17, 2019

FinFite Life, a new start-up focused on “financial fitness” as a way for consumers to maintain both health and wellness, has announced its nationwide launch. A release said that FinFit Life will train its producers to manage independent sales offices, which allow the company to serve a wide customer demographic. These FinFite Life “associates,” as the company calls them, will sell insurance products on behalf of the company while running their own businesses. For its first insurance offering, FinFit Life is collaborating with John Hancock to offer the latter’s Vitality life insurance products. “We’re thrilled to launch FinFit Life, and our alliance with John Hancock, to help families improve their finances, protect their loved ones and become healthier,” said FinFite Life founder and CEO Howard Sharfman. “We believe FinFit Life will make a difference in many people’s lives, and are eager to provide a path for customers looking to achieve financial and physical fitness.”

Spotlight

The disruption brought about by digital technology is fundamentally changing the dynamics of the global insurance industry. Consumers expect anytime, anywhere access with a customer experience on par with the best online retail brands. This is putting tremendous pressure on many insurers' core networks, with escalating demands for performance and agility, while cost control and compliance imperatives remain as dominant as ever. The pace of digital disruption is now set to accelerate further as technologies such as the Internet of Things (IoT) and insurtech start-ups threaten to fundamentally reshape today's mainstream insurance propositions.

Spotlight

The disruption brought about by digital technology is fundamentally changing the dynamics of the global insurance industry. Consumers expect anytime, anywhere access with a customer experience on par with the best online retail brands. This is putting tremendous pressure on many insurers' core networks, with escalating demands for performance and agility, while cost control and compliance imperatives remain as dominant as ever. The pace of digital disruption is now set to accelerate further as technologies such as the Internet of Things (IoT) and insurtech start-ups threaten to fundamentally reshape today's mainstream insurance propositions.

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Azentio Software | July 02, 2021

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EvolutionIQ Executive Co-Chairs the International Claims Association's Insurance Technology and Analytics Committee

EvolutionIQ | February 28, 2022

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Carvana | August 12, 2021

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