Yu life insurance

Yulife Adds Cycling to Its App - Get Rewards Get Fitter Too -

YuLife, the first digital life insurance platform on a mission to inspire life, today announced that it has added cycling to the range of wellness activities which users can participate in and access rewards on its AI-based, gamified app. YuLife’s app offers users vouchers and benefits from Britain’s leading brands, including ASOS, Avios, M&S, Fitbit, Nike and John Lewis, in return for completing everyday wellness activities, such as walking, meditation, mindfulness and now cycling, with the goal of incentivizing and rewarding healthy living. As people look for alternative methods of transportation to work in the wake of the coronavirus, the number of people cycling on a daily basis...

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Inside InsureTech startup YuLife’s laser focus on employee wellbeing

YuLife offers a range of wellbeing benefits, including leave for miscarriages and a monthly personal wellbeing allowance. Unleash Your People London-based YuLife has been disrupting the life insurance industry since it launched 2016. The company aims to move the needle from focusing on death and illness, which is very morbid, to celebrating life and rewarding living with the help of technology. The goal is to help people live their best lives, primarily by prioritizing their financial, physical, and mental wellbeing both in and out the workplace. “The caveat to that is to have life insurance should things be unfortunate and fall apart,” says YuLife’s head of people Cali Gold. YuLife’s...

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Life insurer YuLife rakes in $70m in Series B funding round

Life insurance company YuLife has raised $70m in Series B round of funding, which was led by Target Global. New investors Eurazeo and Latitude participated in the round along with existing investors Creandum, Notion Capital, Anthemis, MMC Ventures, and OurCrowd. The UK-based insurtech will use the proceeds to develop new products, increase the UK market penetration and strengthen its presence in the global market. Apart from offering traditional group life insurance, YuLife’s life insurance solution also provides critical illness, income protection, virtual GP services and employment assistance such as counselling and coaching. YuLife said that it has witnessed a growth of 10 times in gross...

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YuLife Partners with HR Consultancy Buck, Insurance Innovation Reporter

(Image source: YuLife homepage.) YuLife, a London based group life insurance distributor emphasizing policyholder wellbeing, has begun a partnership with Buck (New York), a global integrated HR and benefits consulting, technology, and administration services firms. Buck’s roster of clients includes a broad range of firms, from SMEs to large corporate enterprises, and its partnership with YuLife derives from the two companies’ shared adherence to core principles of innovation, expansion and customer-centred operations, according to a YuLife statement. As a result of the partnership, Buck will expand its market offering by extending access to YuLife’s group life insurance product, alongside...

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Sammy Rubin, Founder CEO of insurtech startup yulife

The firm co-founded by Sammy Rubin, provides life cover but also aims to improve the health and wellbeing of employees too, and they have done this by adopting new technologies and developing with the customers’ needs in mind. Rubin and his staff have created an app that rewards users who look after themselves. On the app, users can earn rewards by accumulating ‘yucoin’, a currency which can be earned by engaging in exercise or through mindfulness practice. Staff members can then exchange the ‘yucoin’ they have earned for things such as discounts at ASOS, Eat and Urban Massage, or to be used as vouchers on sites like Amazon. The story of Rubin and yulife Rubin was raised in the UK...

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YuLife life insurance review, Pros, cons cover options

YuLife insurance is available only for business owners to buy and offer as an employee perk. The aim is not only to cover poor health or death, but also to encourage employees to have a healthy lifestyle through rewards. That might sound familiar, and indeed the company was founded by a former CEO of Vitality. Here’s what else you need to know. What is YuLife? YuLife tracks activities that support a healthy lifestyle and rewards them. The tracking is done via the YuLife mobile app, which can connect with smartwatches and meditation apps like Calm or Headspace. The more activities you take part in, the more “YuCoins” you’ll earn, and these can be exchanged for rewards with dozens of...

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YuLife grabs $ 70 million at a valuation of $ 346 million for its playful, wellness-centric approach to life insurance TechCrunch

YuLife grabs $ 70 million at a valuation of $ 346 million for its playful, wellness-centric approach to life insurance – TechCrunch Life insurance – financial protection you buy against your death – might not read like the busiest industry on paper. But a life insurance startup that believes it can reverse that stigma by infiltrating the concept with gamification and a push towards wellness and health – transforming the life insurance industry in the process – today announces substantial funding, a sign of traction, which it’s got for its great ideas. YuLife, a London-based startup that has developed a new type of life insurance concept –...

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Yulife, Crowdfunding Deals, Crowdability

Company Information Yulife makes it easy for companies and individuals to purchase life insurance. Its proprietary online system enables users to receive coverage an estimated 10x faster than traditional life insurance companies. And through use of the company’s “wellbeing” app, policy holders can engage in healthy habits to earn digital tokens. These tokens can be exchanged for rewards like movie tickets, air miles, or gift cards to retailers like Amazon. Yulife is led by CEO Sammy Rubin, who was CEO of the first UK-based life insurance company to reward healthy lifestyle choices. Yulife launched its platform in Q4 2018. Since then, the company has: • Attracted more than 2,000 customers...

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Super Startup Spotlight: YuLife - Tempo

Super Startup Spotlight: YuLife SUPERPOWER: Protecting, inspiring and rewarding yur life From modern healthcare to smart FinTech and everything in between, we recently pulled together a list of the London startups raising the tempo in 2021. The Tempo team researched hundreds of companies, each with their own stand-out superpower. Here we have it, London’s number one startup to work for – YuLife. They put wellbeing at the heart of everything they do – their mission, their members, and their people. Their place as number one on any candidate’s watch list is well deserved. And after chatting with CEO, Sammy Rubin, we really understood why. Hey Sammy! Nice to speak with you today. To kick...

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YuLife introduces five days paid miscarriage leave for both parents, HRD Canada

YuLife introduces five days paid miscarriage leave – for both parents Miscarriage leave is an emerging issue Sadly, between 10-15% of pregnancies end in miscarriage – with one in 100 women suffering repeat miscarriages. While the issue is clearly prevalent, it’s only recently that employers have given serious thought to adding miscarriages and still births to their bereavement policies. Just last month, New Zealand became the first western country to mandate paid time off for employees suffering this sort of loss. Touted by Labour-Hutt South MP Ginny Anderson, the bill was passed unanimously through Parliament. The move triggered a domino effect in organizations across...

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