Optifino Inks Deal with Ryan to Unlock New Tax-Optimization Strategies
August 14 2024 - 3:44PM
Optifino, an insurtech platform that optimizes life insurance
policies based on financial goals, announced its partnership with
Ryan, the world’s largest Firm dedicated exclusively to business
taxes. The new partnership will empower Ryan clients to access new
tax strategies made possible by Optifino’s expertise and
proprietary technology platform. The partnership is the first for
Optifino since it closed its seed round and came out of stealth.
Optifino CEO, David Kleinhandler, remarked about the
partnership: “By embracing new innovations in AI and data
processing, we have the opportunity to reinvent distribution
channels that have not been reinvented in decades. Not only are we
inspired by Ryan and their whole team, but we are aligned with
their values and vision of managing tax liability for clients
during their lifetime.”
Ryan clients will now have access to a first-of-its-kind
technology to accompany individual’s tax and estate planning
services and Optifino’s integrated financial tool to create more
holistic financial plans. The partnership will include exclusive
access to the Optifino premium life insurance optimization engine,
back office support for the life insurance onboarding and
underwriting process, and educational materials around the benefits
and spectrum of permanent life insurance. The partnership will also
feature annual professional reviews run through the technology
stack and checked by Optifino’s wealth legacy experts, beckoning a
new generation of aftercare in the life insurance industry.
“We’re thrilled to be working with Optifino as it introduces a
new era of life insurance portfolio design and aftercare,” said
Kevin Prins, Principal and Vice Practice Leader at Ryan. “Ryan is
excited by the value Optifino will bring our clients, helping them
unlock more holistic tax and estate planning strategies.”
Optifino recently closed its $6.3 million seed round, led by
8VC, MS&AD Insurance Group, and HOF. Optifino combines advanced
technology with essential human expertise to modernize, streamline,
and simplify the life insurance process. Optifino has integrated
with more than 20 carriers, including market leaders such as
MassMutual, Penn Mutual, and Prudential. Learn more here.
About OptifinoOptifino is an insurtech platform
that combines the care and creativity of human expertise with
innovations in data processing technology. Optifino empowers the
life insurance agent and financial advisor with an end-to-end
platform that facilitates all tasks related to the selling,
onboarding, and aftercare of life insurance and other estate
planning products. The platform compares hundreds of thousands of
policies across the marketplace of top carriers based on how the
benefits of each carrier and policy type align with a client’s
financial goals. Optifino provides deep expertise with more than
100 years of combined insurance, investment, and technology
expertise.
Follow Optifino on LinkedIn and Substack.
About RyanRyan, an award-winning global tax
services and software provider, is the largest Firm in the world
dedicated exclusively to business taxes. With global headquarters
in Dallas, Texas, the Firm provides an integrated suite of federal,
state, local, and international tax services on a
multijurisdictional basis, including tax recovery, consulting,
advocacy, compliance, and technology services. Ryan is an 11-time
recipient of the International Service Excellence Award from the
Customer Service Institute of America (CSIA) for its commitment to
world-class client service. Empowered by the
dynamic myRyan work environment, which is widely
recognized as the most innovative in the tax services industry,
Ryan’s multidisciplinary team of more than 4,800 professionals and
associates serves over 30,000 clients in more than 80 countries,
including many of the world’s most prominent Global 5000 companies.
More information about Ryan can be found at ryan.com.
Media ContactsFor RyanAllie BandemerPublic
Relations SpecialistRyanallie.bandemer@ryan.com
For OptifinoFabian Castro, VP of
Marketingfabian@optifino.com