Bridging the gap between life/annuity carriers, policyholders, and beneficiaries with a #beneficiaryfirst mindset.
Business Model: SAAS B2B
Revenue: $0
Employees: 1-10
Address:
City: West Des Moines
State: Iowa
Zip:
Country: United States
Our mission is to become the standard operating platform in the life insurance industry. We offer proactive beneficiary management and claims platform that is cloud-based, secure, and easily connectable to legacy systems. Benekiva is a technology platform designed to solve specific problems within the Life/Annuity industry while providing a beautiful customer experience. We created a SaaS platform that is rules/data-driven and Blockchain backed that allows life insurance companies to proactively update policyholder information, update and better manage beneficiary information, 100% digital claims process, provide an opportunity for the carrier agency or advisory force to retain the asset, and comply with the updated unclaimed property and escheatment laws. Benekiva helps insurance companies solve the following problems: Claims Automation – Automating the documentation and payment processing between beneficiaries and insurance companies with blockchain protection. We also have an asset retention model for companies with an agent/advisor/or licensed reps salesforce. Policyholder and Beneficiary Management and Notification – Managing all policyholder and beneficiary related processes such as updates to critical information, notification of events, and 100% end to end claims processing. Data Analytics – Turning your claims processes into revenue generating engine through robust analytics, notification, and asset retention. Compliance with unclaimed property and escheatment laws. We are on a mission to create the platform of choice for insurance companies with a beneficiary first mindset.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2021 | Non Equity Assistance | 1 | - |
MassChallenge MassChallenge |
10/2020 | Non Equity Assistance | 1 | - |
MassChallenge MassChallenge |
1/2021 | Non Equity Assistance | 1 | - |
MassChallenge MassChallenge |
10/2020 | Non Equity Assistance | 1 | - |
MassChallenge MassChallenge |
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