Insurer MetLife UK has agreed to become underwriter for YuLife’s group life cover policies.
The partnership will see YuLife continuing to own its’ customer relationships and propositional offering while MetLife will be the underlying risk carrier and claims administration provider.
Commenting on the partnership, Dominic Grinstead, managing director at MetLife UK (pictured), said 2021 had seen a rapid change to the working landscape with digital accelerating progress in many organisations.
“More than ever it’s crucial that insurance policies are accessible and engaging,” he said.
“We also recognise that the need for protecting more customers has never been greater, so it’s a particularly exciting time to partner with YuLife to expand our offering, and ultimately, support more customers with a comprehensive wellness offering.”
Sammy Rubin, CEO and founder of YuLife, added: “I’m excited to partner with MetLife, a world-leading life insurer with decades of experience in global employee benefits.
“MetLife is ideally positioned to support YuLife’s ongoing growth and development as we continue to deliver insurance policies that not only proactively incentivise health and wellbeing, but are grounded in exceptional service and delivery.”