Full-Time
Confirmed live in the last 24 hours
Online platform for affordable life insurance
Senior, Expert
Remote in Canada
Remote position available for candidates based in Canada.
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PolicyMe offers affordable life insurance and critical illness insurance to Canadians through an easy-to-use online platform. By operating digitally, they reduce overhead costs and provide lower premiums compared to traditional insurers. The company is backed by reputable partners, enhancing its credibility, and has sold over $6 billion in coverage since its launch in 2018. PolicyMe aims for transparency and customer satisfaction, ensuring a supportive claims process and continuously improving their services based on customer feedback.
Company Size
51-200
Company Stage
Series A
Total Funding
$20.5M
Headquarters
Toronto, Canada
Founded
2018
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Paid Vacation
Stock Options
Remote Work Options
Professional Development Budget
Flexible Work Hours
However, in 2021, PolicyMe launched its own life insurance products for Canadians in five provinces.
TORONTO--(BUSINESS WIRE)--Toronto-based Insurtech PolicyMe announces the launch of a new Critical Illness Insurance product that offers the most complete coverage in Canada. In partnership with and underwritten by Canadian Premier Life Insurance Company (“Canadian Premier”), this new product covers 44 conditions—10-15 more than the average Canadian insurer. This launch follows PolicyMe’s Series A announcement and will complement their existing core Term Life Insurance offering, enabling Canadians to gain accessible, affordable, and comprehensive financial protection across a wider range of health and life events. With 42% of Canadian parents having one month or less of expenses in emergency savings, PolicyMe’s Critical Illness Insurance product provides Canadian families with the financial protection to withstand lost income or unforeseen medical expenses due to a critical illness. “Having personally battled cancer years ago, I know first-hand how stressful a critical illness diagnosis can be,” says Jeff McKay, Co-Founder & CTO of PolicyMe. “By offering Critical Illness Insurance, we hope that we’re able to remove the financial stress of a diagnosis so our customers can focus on what’s most important: their recovery.”
Bradley Collins, CCO at Insurtech Insights, canvassed Future50 America insurtech finalists and some friendly VCs to come up with the Top 6 Tips for navigating a changing investment landscape. How has the investment landscape changed over the past 12 months and how should investment strategies change as a result? These were questions I asked to a selection of our Future50 America insurtech finalists, as well as investors, to gain valuable insights into not just how the next year might look for the market, but also how up-and-coming insurtechs can navigate these changes and still see success
PolicyMe, the digital-first insurance provider on a mission to deliver simple and affordable insurance for Canadian families, today announces its raise of $18 million CAD in Series A financing.
Toronto-based insurtech startup PolicyMe wants to make it easier for Canadians to access not just affordable life insurance, but other types of insurance, online. PolicyMe got its start as a life insurance broker, tackling the issue of distribution with the initial launch of its coverage calculator and price comparison platform. In March 2021, the startup launched its own fully-underwritten digital term life insurance product in partnership with Canadian Premier Life Insurance. To date, PolicyMe claims to have sold over $5 billion in life insurance coverage
It seems we are coming full circle when it comes to financial contagion. Exposure to bad assets—largely led by subprime mortgages—and derivatives triggered the 2008 global financial crisis. The resulting bank bailouts to the tune of $500 billion were so controversial that Bitcoin’s genesis block embedded a related headline as a warning:. Fast forward to today, and Bitcoin has succeeded in leading a decentralized movement of digital assets, which at one point had a market cap of more than $2.8 billion. Things have calmed down since then, but it’s clear that digital assets are here to stay
Four Canadian organizations have announced fresh funding rounds to fuel their growth. Here's the latest on who raised.