Haven Life partners with Asteya

Haven Life has partnered with digital insurance platform Asteya. Via the partnership, Haven Life’s Haven Secure, a term life insurance product, will be available for purchase through Asteya’s website and its network of agents.

Asteya, which is based in Miami, was launched in 2018. The company disclosed $10 million in funding from several investors including I2BF Ventures, Capital Factory, Cap Meridian Ventures, Northstar Ventures, Atrum, as well as angel investors Whitney Wolfe Herd and Geeta Sankappanavar.  Asteya’s original mission was to offer income insurance for small business owners and gig workers but according to its site today, it serves anyone and everyone, assuming there’s a good underwriting match, of course.

“Too often, individuals put off buying life insurance because of confusion around how much coverage they really need. With Haven Secure, our goal is to take away that guesswork. In talking with Asteya, we realized a natural alignment in our goals–take the worry out of tomorrow to ensure you can focus on today. We’re excited about helping Asteya’s clients and network of agent and broker partners get that peace of mind.” – Wade Seward, head of distribution strategy at Haven Life.

“Asteya is laser focused on helping our clients cut through the complexity of the traditional insurance buying process and make sure they have the income stream they need to protect their families. Haven Secure’s innovative approach to providing a steady monthly benefit to clients is exactly the type of policy that will help our customers, agents and brokers achieve that promise.” – Hadi Radwan, co-founder at Asteya.