“It’s no secret that demand for truly modern life insurance products has skyrocketed in recent years,” Emma’s CEO and co-founder Felix Deschatels said in a statement. “With experienced investors, strong partners and a talented team, we now have the means to fulfill our ambitions and become the most preferred insurance solution for families.”
Emma develops its own insurance products due to a strategic agreement with the insurance company Humania Assurance. While the company currently offers Canada’s simplest and fastest life insurance, it also plans to expand its inclusion and reach with several other products.
Nicolas Moskieu, Executive Vice President of Humania, said: “We are proud to support this InsurTech, which provides peace of mind to thousands of young Canadian families. It is with innovative partnerships like this that the insurance industry can grow. “
“We love Emma’s modern approach to insurance and so do their customers. Their growth and reviews have convinced us they are on to something big,” said David Nault, general partner at Luge Capital, who founded the startup. Highlighting its vision and closeness with its customers as its key. Differential.
Thrilled with a modern solution available to Canadians, Tactico founder Liam Cheung said: “The life insurance industry needs disruption as inefficient processes have not evolved like other financial services.”