Yolt, the smart thinking money app, has announced its latest partnership with smart independent life insurance adviser, Anorak. Yolt and Anorak are aligned in their missions to empower users to take control and make better money decisions - making finances and life insurance more accessible. Connecting Anorak to the Yolt platform means that users now have access to Anorak’s personalised, transparent, impartial and regulated life insurance advice in minutes.
Through this partnership, Anorak’s advice is based on the financial insights offered by Yolt, showing users how much life cover they need (if any), for how long and why. Based on this, Anorak matches the user with the best policy from the major insurers, to suit the person’s unique circumstances. The aim is to help people to make the right choice, not just the cheapest.
This news comes as Yolt continues to build on its vision to become the only money app users need, providing a partner platform across three key sectors: utilities & bills, financial products and leisure & experience. Anorak joins Runpath, the energy comparison platform, and Moneytis, the international money exchange fintech firm.
Frank Jan Risseeuw, CEO, Yolt, says: "It is a very exciting time for Yolt and our community as we continue to expand our partnerships empowering users to Unthink Money. We are delighted to have Anorak on board as a trusted life insurance partner and look forward to working closely with them to provide our users with access to a wide range of innovative products and services tailored to their needs.”
David Vanek, Co-Founder and CEO at Anorak, says: “We are proud to be the first major player in the life insurance space to partner with Yolt. This partnership has great promise as Yolt and Anorak are strategically aligned in our missions to put people back in control of their money. We’re looking forward to harnessing the power of Open Banking to enable consumers to make the right choice and help them to protect their families financially.”