Certua Robo Life Insurance Startup Expands to UK

Certua Robo Life Insurance Startup Expands to UK
26.04.2017 12:15 pm

Certua Robo Life Insurance Startup Expands to UK

Data , FinTech StartUps

Certua, a data driven fin-tech company has today announced its intention to launch to market in 2017. 

Certua, data driven fin-tech company, announces intention to launch in the UK in 2017
• Pioneering robo - life insurance
• Modern fintech aims to deliver the cover you want, when you want it
• Next generation technology can reduce costs substantially
Through intelligent use of data, the company has the ability to provide real-time personalisation of financial solutions, and ongoing recommendations with the customer right at the centre of the process.

The fin-tech company, founded by Chairman John Levin, and headed up by CEO and Co-Founder, Tom Williams, will also have the support of advisory board members, data scientist Peter Hayes, ex-CEO of Old Mutual, Jim Sutcliffe, Chris Traynor, Chief Executive of BE Capital limited and Donal Smith, formerly CEO of Data Explorers. Non-Executive Directors include industry experts, Managing Director of SEI, Brett Williams and technology entrepreneur, Jules Pittam.

The proposition aims to allow both individuals and advisers to benefit from financial planning solutions that automatically adjust as people's lives change. Certua's robo-life insurance service, which will be the first service to be launched by the company, is intended to identify risk exposure throughout an individual’s life span, creating products and services that can auto adjust based on customer need. 

The service will combine innovative technology and an effortless user experience to enable end-clients to have one insurance policy with multiple different benefits, each driven by a different data source on either an advised or self-serve basis.

Tom Williams, CEO of Certua said: "Financial Services is among the last big industries to be disrupted; but with open data, changing consumer attitudes and the pace at which technology is evolving, we see it as inevitable.

Securing your finances is a continuous journey with needs changing depending on goals and real life situations. Financial services solutions should always be relevant to where you are in that journey at any given time, while also helping you anticipate and protect against what's coming next, and that is what we aim to deliver.

We believe that the future of financial planning is going to involve a combination of advised and self-service solutions powered by technology. With Certua, we wanted to create a proposition that would augment adviser's abilities and provide the option for either advised or self-serve depending on individual needs.

We see the split in protection and investment advice following Retail Distribution Review as detrimental to the end client, and our solution provides a platform to bring it back together with the aim to enable genuinely holistic financial planning; allowing individuals and their advisers to buy rather than be sold and to insure themselves with simple, modern and relevant digital solutions'.

Related News

High-speed, high-volume data transfer facilitated by 5G will enhance industrial operations in connected factories

Frost & Sullivan’s recent analysis, Role of 5G Communication Revolutionising Industrial Internet of Things, finds that the... Read more »

Forecast by Robocash Group: 5G will boost financial inclusion in emerging markets in Asia

Driving improvements in the digital space, 5G has accelerated financial inclusion in emerging markets in Asia. Analysts of the financial holding ... Read more »

Xignite sees record demand for financial data during pandemic

Xignite, Inc., a provider of market data distribution and management solutions for financial services and technology... Read more »

D-ID Secures Over $13.5 Million to Protect Against Mass Surveillance

The software platform that removes key biometric data from photos and videos continues to protect industries and individuals

Read more »

LzLabs and T-Systems Team Up to Drive Mainframe Transformation

LzLabs today announced an Agreement with T-Systems, one of the world-leading cross-manufacturer digital service providers,... Read more »

SunTec Group collaborates with AWS to offer cloud-native applications that help clients improve customer experience and drive revenue growth

SunTec, a leading provider of revenue and billing management solutions,... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel