Luxembourg, 1 February 2018 – In line with its digital transformation strategy underway for the last two years, OneLife announces a new partnership providing an entirely digital life insurance contract.
The life insurer, a specialist in its field for over 25 years in Luxembourg, innovates once again by offering its French financial advisor partners a 100% digital subscription service through “Ma Sentinelle”, a white label platform from the Advize Group, an online asset management firm.
This new offering will enable the French partners of OneLife and the Advize Group to open new life insurance contracts through a “paperless” customer experience. The procedure is simple and flexible, handled within a secure environment, associating an entire robot-advisor service along with human intervention if necessary to best assist the customers during the process.
This initiative is a first for a Luxembourg life insurance company.
Marc Stevens, CEO of OneLife, states: “We are extremely pleased to offer this service to our partners in France, in collaboration with the Advize Group and Active Asset Allocation. This solution will greatly facilitate the work of French financial advisors by reducing the routine burden involved in creating new contracts on behalf of their clients. The entire procedure is completed within a framework of security and ensured compliance.”
Wim Dieryck, CCO of OneLife, explains: “Ma Sentinelle Lux from OneLife will be the first Luxembourg product distributed on the French market via a 100% digital channel. Advize offers distribution through multiple partners by providing a fully integrated tool.”
He continues: “From the launch, several configurations will be available: defining the customer profile through investments into a combination of limited ETF-based funds, or, defining the customer’s project, depending on his investment timeframe and amount. Fund selection is made in conjunction with a robot-advisor. We are thus aligning ourselves with developments in ETF trackers with much more innovative management – a highly attractive combination”.
In this same vein, OneLife recently announced implementing its data on several aggregation systems for its French financial advisors and other partnerships of this type are expected in the near future in France and on other markets.
This complements OneLife’s digital offering, which has already launched “OneLife OneApp” application for all its partners and customers, enabling them to consult their portfolios and track their transactions on a smartphone and/or a tablet 24/7.
This first Luxembourg life insurance contract distributed over a 100% digital channel will be launched at the end of March 2018.
To find out more, please contact:
Marketing Communication Manager
The OneLife Company S.A.
Tel.: +352 45 67 30 43 16
Digital Marketing Manager
The OneLife Company S.A.
Tel.: +352 45 67 30 43 63
OneLife intends to change the life insurance mentality. Specialists in this line of business with over 25 years of experience, we have developed financial planning solutions for high net worth customers in Europe and around the world.
Whether long-term savings, estate planning, or simply learning how to best manage your assets, we are committed every day to providing compliant, sophisticated, and innovative solutions tailored to one’s specific needs as they develop over time.
Working in combination with a strong network of hand-picked partners, including private banks, independent asset managers, and autonomous financial advisors, our dynamic team of international experts has adopted an innovative approach towards understanding and anticipating the needs of high net worth customers in a changing world.
With over €5 billion in assets under management, OneLife is owned by J.C. Flowers & Co, one of the leading investment companies on the global financial market.
About the Advize Group
Launched in 2012, the first robot-advisor in France, the ADVIZE GROUP is a FinTech reference in the digitalisation of financial advisory services to individual investors. Its tools and solutions cover all stages of the investor relationship, from the initial contact, through to order execution, and follow-up advice.
For asset managers and insurance brokers, its Ma Sentinelle technology platform offers a unique “all-in-one” robot-advisor, white label solution (www.masentinelle.fr).
ADVIZE GROUP also offers its technology and know-how through an Application Programming Interface (API) and dedicated developments supporting distributors seeking to digitise their savings solutions, thus offering their customers an indispensable advisory service with strong support and personalised follow-up.
Via its online brokerage subsidiary, ADVIZE distributes its own multi-asset contract Ma Sentinelle Vie, provided by Generali, including a digital, fluid, and intuitive customer experience that includes profiling, advice, online subscriptions, personalised reports, and alerts with arbitration recommendations (www.advize.fr).
ADVIZE has received the Finance Innovation label, a global competitiveness cluster.
About Active Asset Allocation
Active Asset Allocation is an independent financial engineering company, founded in 2010. The team of 15 is international, with talents coming from different fields: actuaries, researchers, financial and digital engineers.
AAA develops investment strategies, asset allocation and asset/liability management engines, taking into account the investors’ objectives, constraints and desired risk level. Those bespoke strategies, deployed through its digital platform, are monitored daily with a Maximum Drawdown approach.
Focused on institutional investors and asset managers, the FinTech AAA is the most important digital asset allocator in Europe in terms of assets under advisory. www.active-asset-allocation.com