InsurTech Sproutt, Leader in Life Insurance, Announces Hiring of Head of Distribution

0


NEW YORK, November 10, 2021 / PRNewswire / – Shoot, the life insurance company that uncovers and rewards healthy behaviors “hidden” in everyone, today announced the appointment of Jason Evangelist to the Sproutt leadership team as vice president of distribution. Jason will lead Sproutt’s agent platform and distribution channel, providing strategic leadership in expanding distribution partnership opportunities and new product development.

Sproutt’s agent platform enables 1.2 million insurance agents, brokers, financial advisors and licensed service employees in the United States to quickly and easily deliver Sproutt’s tailored life insurance policies to their clients. With 41 million With Americans in 2020 without life insurance coverage, the Sproutt agent platform bridges this ‘needs gap’ and makes Sproutt’s unique digital policies available to clients directly through their website, as well as through insurance agents.

Jason brings over 22 years of management experience in the life insurance industry, working in product, marketing, distribution and business development at several major life insurance companies, including Lincoln. National and Liberty Mutual. Most recently, Jason served as Vice President of Individual Life Business Development at Munich Re.

“Jason brings a wealth of knowledge and experience from the life insurance industry to Sproutt, which will be instrumental in our continued growth in the United States,” said Yoav chaham, co-founder and CEO of Sproutt. “Life insurance is an ever-changing industry, and Jason’s vast experience is perfectly suited to help us navigate that evolution. His time with industry giants like Lincoln National and Munich Re made him the perfect choice for us. “

Unlike the traditional life insurance industry which primarily penalizes individuals for the negative elements of their lifestyle, Sproutt’s policies also take into account the positive elements of each individual’s lifestyle. by Sproutt Quality of life index (QLI) assesses behaviors that reflect a healthy lifestyle – movement, sleep, emotional health, nutrition and overall lifestyle balance – to personalize the policy for each client based on their individual QL score. The higher the customer’s QL score, the lower their risk. This allows clients with high QL scores to get personalized life insurance policies that reward them for healthy behaviors in their lifestyle. All of this in a simple 15-minute digital process.

About Sproutt
Shoot is a new kind of life insurance company that uncovers and rewards healthy “hidden” behaviors in everyone. Using AI technology, Sproutt’s Quality of life index (QLI) assesses behaviors that reflect a healthy lifestyle – movement, sleep, emotional health, nutrition and overall lifestyle balance – to personalize life insurance policies for each client. Sproutt sells its policies directly to consumers as well as through agents and brokers through its agent portal. Supported by State of Mind Ventures, Moneta VC, FinTLV, Guardian Life, MS&AD Ventures, MoreTech Ventures, Harel Group, Menora Mivtachim, Raptor Group and Falcon Edge Capital, Sproutt’s business operations are based in new York with an R&D center in Tel Aviv.

Media contacts
Sarah small
+972 52-214-8601
[email protected]

SOURCE Shoot


Share.

About Author

Comments are closed.