Source: Finovate
“With our new funding we will launch more lines of insurance in the life and disability verticals and strike more distribution partnerships in the U.K.” Eleos CEO and Co-Founder Kiruba Eswaran said. “Part of the funding is also earmarked to launch operations in the U.S.”
Eleos embeds white-labelled life insurance and income protection into the online journeys of financial brands. These services and products give Eleos’s partners the ability to benefit from new revenue streams as well as more thorough customer engagement and greater customer retention. Eleos’s FCA authorization also provides its partners – companies like Loqbox, CreditSpring, and Updraft – with full regulatory coverage. Eleos customers also get a variety of free benefits, including 24/7 remote GP services and mental health support.
Read full article: https://finovate.com/insurtech-eleos-secures-4-million-in-seed-funding/
