Zinnia

Zinnia

Insurance technology for life products

About

Zinnia focuses on improving the life and annuity insurance market by providing a platform that simplifies the creation, management, and servicing of insurance products. The platform uses technology and data analytics to help insurance companies launch products quickly and manage them efficiently. This results in a better buying experience for consumers and improved operational efficiency for insurers and financial advisors. Zinnia's platform is user-friendly, allowing consumers to easily understand and purchase life and annuity products. The company aims to enhance the relationship between customers and insurers, ensuring better protection and wellbeing for consumers. Zinnia differentiates itself by offering real-time data sharing and actionable insights, which help all parties make informed decisions.

Company Stage

Seed

Employees

501-1,000

Industries

Data & Analytics, Fintech

Total Funding

$1.7M

Headquarters

Topeka, Kansas

Founded

2005


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Simplify's Take

What believers are saying

  • Zinnia secured $300 million in funding from Vista Credit Partners.
  • The acquisition of Ebix's assets expands Zinnia's market share and service offerings.
  • Growing demand for personalized insurance solutions benefits Zinnia's tailored product approach.

What critics are saying

  • Integration challenges with Ebix's assets could disrupt operations if not managed well.
  • Ebix's bankruptcy proceedings may affect the terms of the asset acquisition.
  • Rapid expansion and onboarding of 770 new team members could strain resources.

What makes Zinnia unique

  • Zinnia offers a comprehensive platform for life and annuity insurance products.
  • The company leverages advanced technology and data analytics for efficient product management.
  • Zinnia's recent acquisition of Ebix's assets enhances its CRM and agency management tools.

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Benefits

Health Insurance

Dental Insurance

Parental Leave

Profit Sharing

401(k) Company Match

Incentive Bonus Opportunity

Tuition Reimbursement

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