Bequest Life Insurance is a privately owned British fintech

life insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death ...

company headquartered in the United Kingdom. It operates under two insurance licenses: life and wills. Bequest is regulated by the

Financial Conduct Authority The Financial Conduct Authority (FCA) is a financial regulation, financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. The ...

and is one of the earliest of a number of new app-based insurance providers in the UK.

History

Bequest was founded by

James Buckley-Thorp James Buckley-Thorp (born April 1989) is a British entrepreneur from Somerset, United Kingdom. Early life and education James Buckley-Thorp was born in April 1989 in Bath, Somerset, United Kingdom as Tom Anthony James Buckley-Thorp. He did his s ...

in 2019. Its head office is located in London, England, United Kingdom. Bequest is backed by both

Aviva Aviva plc is a British multinational insurance company headquartered in London, England. It has about 18 million customers across its core markets of the United Kingdom, Ireland and Canada. In the United Kingdom, Aviva is the largest general ...

and Covea and provides life insurance, wills, and estate planning to consumers. In 2021, the company raised just over £1.7m in investment from Clocktower Ventures, Kuvi Capital, and Form Ventures.

References

{{reflist, 2 Financial services companies based in the City of London Life insurance companies of the United Kingdom Aviva