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Modern Life
Life insurance brokerage for advisors
- 21-100 employees
- B2B
- Marketplace
- Insurance
- Financial Services
- Nolita, New York, NY
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Company mission
To help everyone protect what matters most.
Our take
Life insurance shouldn’t be a chore. That’s the ideology behind Modern Life, a tech-boosted brokerage that aims to streamline and simplify the process of buying life insurance for advisors and clients.
Its selling point is the cohesive and user-friendly nature of platform, which assists right through from advice to purchase. As well as allowing for easier management of appointments and submissions, it provides data-driven quoting and comparisons, has partnerships with over 15 major insurance carriers and is licensed in every US state. All this allows Modern Life to create a properly centralized platform, holding a broad range of options for clients and helping advisors to work more effectively.
The life insurance market has largely relied on legacy tech for a number of years. Modern Life is a new and innovative player in the field, and has already struck a chord with advisors across the country. It’s focusing investment on widening its range of partnerships and options for clients.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Unlimited PTO: Whether it’s surfing, family trips, or your garden that’s calling – life is for living, so we give you more time for it
- Team events: Get to know the crew at team meals, events, happy hours, offsites, and group celebrations.
- Quality health insurance
- Hybrid office culture: You get the best of a modern office environment, plus the flexibility of working from home when you want to
- Of course, life insurance – and we’ve got just the people to help you with that
Company values
- Leave your mark: We are impact-driven in everything we do. We’re working to transform a massive industry and our north star is to drive to tangible, measurable benefits. We judge impact not just on business results but on delivering our mission of helping everyone protect what matters most
- Challenge the status quo: Curiosity is a virtue. Ask questions, even the obvious ones. Be willing to push the frontier, but understand first why things are done the way they are. Learn from mistakes and open yourself up to growth
- Win together: Collectively, we are far stronger than our parts. We win together and accept loss together. We operate in a high trust environment, but we expect each other to earn that trust. When we connect with empathy, positivity, and honesty we develop a better understanding and make each other better
- Raise the bar: Aim high. Be bold. Think big. Expect more. Push yourself to do better and invite others to rise to the challenge. We can only achieve as high as we can imagine.
- Own the problem: Modern Life was built in a spirit of entrepreneurship and innovation. We are problemsolvers who embrace challenges and make things happen. We value an ‘ownership mindset’ where you are willing to drive a business or technical problem forward and be accountable for the results
Funding (1 round)
Aug 2022
$15m
SEED
Total funding: $15m
This company has top investors
Leadership
Michael Konialian
(CEO)Previously worked at US Department state as Foreign Affairs Officer. Later joined McKinsey as Engagement Manager. Also, worked at CoverWallet, first as Director of Product and then as VP and General Manager.
Jack Arenas
(CTO)Previously worked as an analyst at Goldman Sachs and a Software Engineer at TripleLift. Was a co-founder and CTO at Petal, where they still work as an advisor. Also currently still an advisor at Gilgamesh Ventures and lockrMail.