Ladder Continues To Garner Industry-Wide Recognition And Demonstrate Accelerated Growth
"We've been increasingly impressed with the innovations Ladder is bringing to the market," said
Technology has brought simplicity and convenience to nearly every area of financial services, but life insurance has traditionally been a late adopter. Over the last two years, Ladder has been modernizing the process of buying life insurance, making it simpler and more convenient for consumers to get coverage in place. The company not only wants to close the $16T coverage gap that exists in
Forward thinking life insurance companies recognize that many customers want to buy life insurance online, but won't wait (an average of) 8 weeks to get a decision and won't accept that they can't easily change their coverage whenever they need to. Ladder is using technology, design thinking, behavioral economics, and machine learning to make the process as seamless as possible for consumers, while reducing costs Ladder's entirely new, fully-digital process gives customers a more convenient and manageable experience, from consideration and application through policy management.
"We set out to introduce customer-focused innovation to a well-established industry," said
Ladder has built proprietary technology from the ground up, giving the company the ability to quickly iterate on its product and streamline the process for consumers. This technology has also enabled the company to expand quickly across the country. Since its initial launch in
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In addition to this notable round of funding, Ladder continues to be recognized by key industry organizations. The company was recently named one of
For more information or to get a quote, visit www.ladderlife.com.
About Ladder:
Ladder is life insurance built to be instant, simple, and smart. Founded in 2015, Ladder has designed a digital-first life insurance product to serve today's financially savvy consumer. Ladder has raised a total of
Contact:
For press inquiries, email [email protected]
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