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
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.