Black Bear Life

Black Bear Life is a next‐gen insurance company that is revolutionizing how life insurance is bought, sold, and underwritten.

  • Stage Prototype Ready
  • Industry Fintech
  • Location New York, NY, USA
  • Currency USD
  • Founded May 2019
  • Employees 5
  • Incorporation Type C-corp
  • Website Blackbearlife.com

Company Summary

Over the next 5 years over 25% of the 1.4M agent work force will retire. Less than 10% of new agents make it past the 2-year mark which has resulted in exorbitant training and onboarding costs for brokerages and carriers.
Our product provides a fast, easy and profitable way for agents to grow their client lists. BBL’s term product delivers a great CX and doubles the closing rate while reducing the time to issue from 6-12 weeks to 7-minutes.

Team

  • Co-founder

    Mr. Smith is an insurance expert, entrepreneur and management professional with over 23 years of experience in the insurance and financial services. Throughout his career, he has held diverse executive and management positions in insurance including sales, wholesaling, business development, product management, and marketing in the primary, secondary, and tertiary markets for life insurance.

  • Co-founder

  • Olek Shestakov
    CTO

    Built 10+ platforms for InsurTech startups & carriers
    CTO in startup that exited to Oracle
    Acord competition award winner

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