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Bequest Life Insurance was a privately owned British fintech life insurance company[2] headquartered in the United Kingdom.[3] It operated under two insurance licenses: life and wills. Bequest was regulated by the Financial Conduct Authority and was one of the earliest of a number of new app-based insurance providers in the UK before its closure in 2022.[4][5]
 | |
| Company type | Private |
|---|---|
| Founded | 2019 |
| Founder | James Buckley-Thorp |
| Defunct | 2022 |
| Headquarters | London, England, United Kingdom |
| Services | Life insurance, Wills and estate planning[1] |
| Website | www.bequest.com |
History
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Bequest was founded by James Buckley-Thorp in 2019[6] and ceased operations in 2022. Its head office was located in London, England, United Kingdom. Bequest was backed by both Aviva and Covea and provided 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]
References
edit- ^ "Best online will writers - Compare Features & Fees". The Times.
- ^ "Intellectual Property Office". trademarks.ipo.gov.uk.
- ^ Morris, Natalie (2020-04-13). "Is it possible to take out life insurance during the Covid-19 pandemic?". Metro (British newspaper).
- ^ Adzo, Kossi. "Why People Are Flocking to Bequest.com for Life Insurance". Startup.info.
- ^ "Bequest Wins Award at InsTech London Event". Insurance-edge.net. 2020-09-09.
- ^ "Disrupting life insurance in the UK with automated advice platform, Anorak secures £5M". UKTN (UK Tech News). 2021-06-03.
- ^ "Bequest: Protecting your family's future | Accelerate Innovation in Insurance". Digital Insurance Agenda.
- ^ "How Much Life Insurance Cover Do I Need?". Official website.
- ^ Harrison, Polly Jean (2021-05-20). "4 Ways Covid-19 has Changed the Insurance Industry: Webinar Review". The Fintech Times.
- ^ "Bequest Company Profile: Valuation & Investors". PitchBook.
- ^ Sharma, Shubham (30 June 2021). "London-based insurtech Bequest secures £1.7M to simplify insurance for the millennials". UKTech.News. Retrieved 30 January 2022.