🌟 Exciting Milestones for Lyfery! 🌟 We’re thrilled to share that our CEO & Founder, Mihkel Mandre, took the stage at the Insurance Innovators Summit in London, while at the same time, our Co-Founder & CFO, Veikko Tamlak, proudly accepted the Insurance Act of the Year 2024 Award in Tallinn, with Compensa Elukindlustus! 🌍🏆 ➖ This moment is a powerful reflection of the progress we’re making at Lyfery, and we couldn’t be more grateful to everyone who shares our vision and mission. ➖ In London, Mihkel unveiled our bold vision for the future of #lifeinsurance: a model that rewards healthier lifestyle choices and prioritizes preventive care. This approach reflects a transformative shift to health-driven, behavior-focused #insurance, and we’re thrilled to be leading this change. ➖ Meanwhile, in Tallinn, Veikko expressed gratitude to the entire team and all of our partners and clients, highlighting the importance of driving #innovation in an industry that’s been at a standstill for too long. This award recognizes not only Lyfery’s achievements but also our dedication to pushing boundaries and reshaping the future of insurance. ❗️ Thank you everyone who supports us on this journey. We’re grateful for each and every one of you. Here’s to a healthier, brighter future in insurance! 💙 #Lyfery #InnovationInInsurance #InsuranceSummit #HealthDrivenInsurance #FutureOfLifeInsurance
Lyfery
Financial Services
Life insurance which price depends on health behaviour and profits from unrealised risks go back to customers.
About us
Lyfery is rewarding healthy lifestyle choices. Lyfery was created for people who care and who are keen to take responsibility. We measure your health behaviour, evaluate its effect on prevention which results in cheaper and fairer life insurance prices. It’s obvious that the times where everything was created with the same measure for everyone are forever gone. We are nurtured with modern technology, AI, machine learning etc - this all enables us to offer to our customers different services and solutions that augment their health behavior.
- Website
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www.lyfery.com
External link for Lyfery
- Industry
- Financial Services
- Company size
- 2-10 employees
- Headquarters
- Tallinn
- Type
- Privately Held
- Founded
- 2022
Locations
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Primary
Get directions
Tallinn, EE
Employees at Lyfery
Updates
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✅ At #Lyfery, we understand that everyone's lifestyle is unique. We don`t expect you to be a superhuman! That’s why, when offering #lifeinsurance, we assess each individual's health risk personally and adjust their monthly premiums accordingly. For this, we use Lyfery's specially developed #healthbehavior #scoringmodel. 💡 However, we emphasize that this is still a preliminary model, which we plan to significantly improve. ❓ What lifestyle and health behavior factors do we currently consider? Read more from our blog: https://lnkd.in/dNyGqmRu
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🚀 Changing the Game in Life Insurance with Lyfery 🚀 For too long, life insurance in #Estonia has meant high costs, low payouts, and little flexibility. Did you know that over 80% of #insurancepremiums go towards covering bank and insurance company #profits, while less than 20% is allocated to actual coverage? In Western Europe, those numbers are often twice as favorable for policyholders. Estonia deserves better. At Lyfery, we’re breaking the mold. We prioritize fair, affordable #insurance designed for you and your #health. Our #innovative #digitalmodel and unique partnership with Compensa Elukindlustus keep costs low and reward healthy lifestyles. On average, Lyfery policies cost half as much as traditional options, with savings returned to you. Here’s how it works: 💡 Transparent pricing model, with predictable fees 💡 Health-conscious pricing—your wellness efforts matter 💡 And in the future: advanced health tech integrations like AI-driven blood pressure monitoring and smartwatch connections for proactive health tracking 💸 Want to compare costs? Try our calculator to see how much you could save: https://lnkd.in/dyfSwMWk The future of life insurance is here — more affordable, transparent, and built around YOU. Read more on our blog: https://lnkd.in/dfrSvVXf
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📢 The Estonian Insurance Association organizes the Insurance Act of the Year competition! ➖ This year, 10 candidates have been highlighted, all of whom have made a significant contribution to the development of the Estonian #insurance landscape - including Lyfery! ➖ If you also believe in our aim and activities, you can show your support by voting for the people's favorite here: https://lnkd.in/diEQmWX4 ➖ What we have to offer and how we differentiate? 👉https://lnkd.in/dwqu-tmb ➖ You can vote once. Voting is open until November 1. ➖ The people's favorite insurance act of the year will be announced at the Insurance Conference on November 6. #Lyfery #lifeinsurance #InsuranceActoftheYear
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Lyfery is going to London!🚀
I’m excited to speak about “Rewarding Healthier Lifestyle Choices” and share how we see the future of life insurance with Lyfery—health-behavior and prevention-driven life insurance. Join me at one of the world’s most reputable insurance conferences, the Insurance Innovators Summit, in London on November 5-6, 2024. Feel free to approach me—see you in London! #IISummit24 #insurtech #fintech #bridge #Seed #healthtech #EstBAN #Eban #innovation #startup #fundraising
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Worth taking a look at the presence and exciting future of Lyfery's Health Behavior Model, offering good reading and valuable insights
Lyfery’s blog now features the first articles on our health behavior-based model, covering our current approach and future plans. Our mission is to reward healthy lifestyles and encourage habits that prevent risks, going beyond just offering financial security. We explore lifestyle categories and factors backed by scientific studies, highlighting the link between health behaviors and risks, and integrating this into our product and pricing. This also helps prevent diseases and promote healthier lives. Thank you, Dr. Kristiina Paju and Taavi Tillmann, our medical consultant and chief scientific officer, for your support! 🙏 Stay tuned, follow us, join us, and check out our blog! 🌟 👉 https://lnkd.in/dH_eims2
Lyfery
lyfery.com
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Check out the new developments on our blog, created in collaboration with Kristiina Paju!
We've recently launched Lyfery's health behavior-based life insurance in Estonia! Our mission is to reward healthy lifestyles and promote risk-preventing habits, beyond just offering financial security. By emphasizing the connection between health behaviors and risks, we are also helping to prevent diseases and extend healthy years. In the coming months, we will explore Lyfery’s health behavior model and its future directions from various perspectives, alongside Kristiina Paju, resident physician at the University of Tartu, and examine its impact on well-being. Stay tuned, check out our blog, and follow us. https://lnkd.in/gDc6YE4q #insurtech #fintech #bridge #Seed #healthtech #EstBAN #Eban #innovation #startups #startup
Lyfery
lyfery.com
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Lyfery reposted this
Lyfery participated in the Impact Valley Accelerator programme during spring 2024, where we were honored to be selected by the jury as the most promising startup. With this recognition, we also contributed to creating a positive impact on the environment and the planet, and our early-phase footprint has already reached beyond European borders. 🚀🌟👍 Thank you Katalista Ventures and Earthbanc 🙏 #insurtech #fintech #bridge #Seed #healthtech #EstBAN #Eban #innovation #startups #startup
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Greetings to all #actuaries!
Today is #InternationalActuariesDay, and my warmest greetings go out to all #actuaries! "The actuarial profession is recognized worldwide as a major player in the decision-making process within the financial services industry, the area of social protection and in the management of risk, contributing to the well-being of society as a whole. " - International Actuarial Association Actuaries’ expertise goes beyond traditional insurance, influencing sectors like healthcare, finance, and even emerging fields of data science. This unique and important competence is well represented in the Lyfery team as well. - Veikko Tamlak (Co-Founder/CFO/Actuary) 🙏
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It's a remarkable milestone and a significant achievement for us. We feel both proud and humbled at the same time.
Here we go! Garmin and Lyfery will go for collaboration! 🤝 Soon, Lyfery clients will have access to a selection of Garmin devices at attractive prices. When we first met with Florian Schubert some years ago, I could hardly have imagined that we would one day launch a collaboration that will heavily contribute to the innovation of life insurance, an industry where we both have deep foundations. But it is happening! This is a credit and great compliment to @Lyfery and our team, and I am proud and grateful. 🙏 Lyfery recently launched our first health behaviour-based life insurance solution in Estonia. In the next phase, Lyfery plans to introduce an advanced and personalized underwriting and scoring model that reflects healthy behaviours in the Lyfery Wellness Score. #insurtech #fintech #lifeinsurance #healthtech #EstBAN #Eban #innovation #startup
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