Fi Life sets up shop

Fi Life, an insurtech start-up, has commenced operations in Malaysia.

The launch of Fi Life follows the acquisition of online life insurance provider U for Life from German reinsurer Hannover Re and New Zealand insurance software company Intelligent Life.

Following the completion of takeover last year, U for Life has been rebranded as Fi Life, Fi Life said in a statement.

The newly launched insurtech firm provides insurance services through its mobile and desktop platform.

Tokio Marine Life Insurance Malaysia underwrites insurance products for Fi Life.