Vive is an innovative insurance startup, founded in 2018, based in the United States. The company aims to revolutionize the cumbersome process of acquiring term life insurance through their platform, which enables users to quote, compare, and submit an order in just 5 minutes, living up to their slogan, "Meet the ridiculously fast way to write term life insurance." Vive's platform minimizes the time and effort needed to ensure clients are adequately covered, providing a seamless and profitable experience for insurance providers. Through Vive's integrated multi-carrier term life platform, insurance agents can efficiently select the best carrier and product for their clients' needs. Additionally,Vive's quote engine swiftly determines a client's AU eligibility across all Vive carriers, with no need for a medical examination or records. The platform also provides a Vive Score, offering an instant display of the factors contributing to the score and helping to explain the relative consumer value of products. Vive's entirety is designed to streamline and expedite the insurance process, from order submission to underwriting and approval. By transmitting orders directly to carriers and providing daily status updates, Vive ensures that insurance agents and their agencies are always on the same page. Additionally, Vive facilitates the fastest underwriting offers, enabling policies to be placed sooner and commissions to be received more quickly. With its focus on speed, efficiency, and profitability, Vive presents a disruptive force within the insurance industry, simplifying the process for insurance providers and policyholders alike. While details of their last investment and investors are not available, Vive's innovative approach to simplify and accelerate the insurance process indicates strong potential for growth and future investment opportunities within the industry.
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