Optifino, an insurtech platform that optimizes life insurance policies based on financial goals, announced its partnership with Ryan, the world’s largest Firm dedicated exclusively to business taxes. The new partnership will empower Ryan clients to access new tax strategies made possible by Optifino’s expertise and proprietary technology platform. The partnership is the first for Optifino since it closed its seed round and came out of stealth.
Optifino CEO, David Kleinhandler, remarked about the partnership: “By embracing new innovations in AI and data processing, we have the opportunity to reinvent distribution channels that have not been reinvented in decades. Not only are we inspired by Ryan and their whole team, but we are aligned with their values and vision of managing tax liability for clients during their lifetime.”
Ryan clients will now have access to a first-of-its-kind technology to accompany individual’s tax and estate planning services and Optifino’s integrated financial tool to create more holistic financial plans. The partnership will include exclusive access to the Optifino premium life insurance optimization engine, back office support for the life insurance onboarding and underwriting process, and educational materials around the benefits and spectrum of permanent life insurance. The partnership will also feature annual professional reviews run through the technology stack and checked by Optifino’s wealth legacy experts, beckoning a new generation of aftercare in the life insurance industry.
“We’re thrilled to be working with Optifino as it introduces a new era of life insurance portfolio design and aftercare,” said Kevin Prins, Principal and Vice Practice Leader at Ryan. “Ryan is excited by the value Optifino will bring our clients, helping them unlock more holistic tax and estate planning strategies.”
Optifino recently closed its $6.3 million seed round, led by 8VC, MS&AD Insurance Group, and HOF. Optifino combines advanced technology with essential human expertise to modernize, streamline, and simplify the life insurance process. Optifino has integrated with more than 20 carriers, including market leaders such as MassMutual, Penn Mutual, and Prudential.
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