FOXO Technologies in life insurance alliance with AmSuisse


FOXO Technologies, a technology company applying epigenetic science and AI to modernise the life insurance industry, has partnered with AmSuisse to distribute life insurance.

FOXO’s technology platform focussing on commercialising longevity science through product and service that serve the life insurance industry.

The company’s epigenetic technology applies AI to DNA methylation to identify molecular biomarkers of human health and aging. FOXO is on a mission to modernise the life insurance industry by simplifying the consumer underwriting journey with saliva-based biomarkers and enhancing life insurance’s consumer value proposition with its FOXO Longevity Report.

The partnership with insurance brokerage general agency AmSuisee, will see the two companies distribute products and specialty programmes throughout the US, selling life insurance “designed to keep you alive.”

FOXO added that the partnership will enable it to expand its distribution footprint through AmSuisse’s rapidly growing sales network of over 3,000 agents across 48 states.

Moreover, in selling life insurance complete with a FOXO Longevity Report™, AmSuisse will be able to add to its robust product portfolio, enhancing its ability to deliver comprehensive insurance solutions to clients.

Jim Grauel, Jr., chief distribution officer of FOXO LIFE, said, “The addition of AmSuisse to FOXO LIFE’s distribution hierarchy will allow us to sell life insurance designed to keep you alive in new and expanded markets. We are excited to have the AmSuisse team join FOXO LIFE and look forward to working together.”

Josh Hamann, CEO AmSuisse, added, “On behalf of the entire AmSuisse team, we are excited to introduce FOXO’s first-to-market, next-generation science to our independent agency partners across the United States. The fact that FOXO is putting this program into the hands of independent agents speaks volumes. The ability to empower clients with science-based information designed to help them live longer and better lives is a tremendous value proposition.”

In November last year, FOXO partnered with life insurer Haven Life.

Copyright © 2023 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.