Bequest (company) explained

Bequest
Type:Private
Founded:2019
Founder:James Buckley-Thorp
Hq Location City:London, England, United Kingdom
Services:Life insurance, Wills and estate planning[1]
Website:www.bequest.com

Bequest Life Insurance is a privately owned British fintech life insurance company[2] headquartered in the United Kingdom.[3] It operates under two insurance licenses: life and wills. Bequest is regulated by the Financial Conduct Authority and is one of the earliest of a number of new app-based insurance providers in the UK.[4] [5]

History

Bequest was founded by James Buckley-Thorp in 2019.[6] Its head office is located in London, England, United Kingdom. Bequest is backed by both Aviva and Covea and provides life insurance, wills, and estate planning to consumers.[7] [8] [9] In 2021, the company raised just over £1.7m in investment from Clocktower Ventures, Kuvi Capital, and Form Ventures.[10] [11]

Notes and References

  1. News: Best online will writers - Compare Features & Fees . The Times.
  2. Web site: Intellectual Property Office . trademarks.ipo.gov.uk . en.
  3. News: Morris . Natalie . Is it possible to take out life insurance during the Covid-19 pandemic? . . 2020-04-13 . en.
  4. News: Adzo . Kossi . Why People Are Flocking to Bequest.com for Life Insurance . Startup.info.
  5. News: Bequest Wins Award at InsTech London Event . Insurance-edge.net . 2020-09-09.
  6. News: Disrupting life insurance in the UK with automated advice platform, Anorak secures £5M . UKTN (UK Tech News) . 2021-06-03.
  7. News: Bequest: Protecting your family’s future Accelerate Innovation in Insurance . Digital Insurance Agenda . en.
  8. News: How Much Life Insurance Cover Do I Need? . Official website . en.
  9. News: Harrison . Polly Jean . 4 Ways Covid-19 has Changed the Insurance Industry: Webinar Review . The Fintech Times . 2021-05-20.
  10. Web site: Bequest Company Profile: Valuation & Investors . PitchBook . en.
  11. News: Sharma . Shubham . London-based insurtech Bequest secures £1.7M to simplify insurance for the millennials . 30 January 2022 . UKTech.News . 30 June 2021.