Modern Life offers an AI‑driven brokerage platform that digitizes the entire life insurance workflow for independent advisors, delivering instant, carrier‑comparative quotes and accelerated underwriting across all 50 states. The integrated dashboard streamlines client fact‑finding, digital applications, and case management, while a concierge team of underwriters and case designers provides expert support for complex and high‑value cases.
Funding
$15M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Life insurance advisors face a fragmented, paper‑heavy process that requires in‑person medical exams, lengthy applications, and multiple carrier touchpoints, leading to slow quoting, underwriting delays, and difficulty handling complex or high‑value cases.
Solution
Modern Life provides a tech‑enabled brokerage platform that digitizes the entire life insurance workflow for advisors. An AI‑driven quoting engine pulls data from over 30 top carriers to generate instant, data‑backed quotes and supports accelerated underwriting. Advisors use an integrated, intuitive dashboard to manage client fact‑finders, digital applications, and case progress across all 50 states. The platform is complemented by a concierge team of underwriters, case designers, and brokerage managers who handle complex or impaired‑risk scenarios. By combining real‑time analytics with expert support, Modern Life reduces the time to quote and close policies by up to 50%, enabling advisors to serve more clients efficiently.
Target Audience
Primary customers are independent life insurance advisors and brokerage firms seeking a faster, digital workflow and expert support for both standard and high‑complexity client cases.
Features
- AI‑powered quoting engine that delivers instant, carrier‑comparative quotes based on client data
- End‑to‑end digital client fact‑finder, e‑HIPAA compliance, and electronic application submission
- Accelerated underwriting with algorithmic risk assessment for faster approvals on complex and jumbo cases
- Integrated advisor dashboard for case management, commission tracking, and real‑time status visibility
- Access to a network of 30+ national carriers offering term, permanent, long‑term care, and disability products
- Concierge brokerage support team providing expert underwriting, case design, and client advocacy
- Nationwide licensing allowing advisors to place policies in all 50 states