Difficult to innovate in the field of life insurance which already has hundreds of contracts being marketed, and much more in the archives of insurers. The young company Finary, founded by Mounir Laggoune and Julien Blancher, nevertheless sets out to attack this juicy market weighing nearly 2,000 billion euros. This fintech, which claims a community of 500,000 users, offers tools for aggregating and monitoring its heritage.
From analysis to action, there is only one step, that she hopes to have her followers crossed. His contract, baptized Finary Life, is based on ETFs, or indexed funds from BlackRock. It gives access to a controlled management made up of a fund in euros – Netissima, provided by Generali – and a variegation of 15 to 25 ETF listed. Three profiles are offered: preservative, moderate or dynamic. Finary delegates the work to select support and distribution of assets on the various markets to the American manager.
The pricing is aggressive: in addition to the absence of costs on the payments, the management is priced between 0.99 % and 1.29 % per year all inclusive, incorporating the costs of the contract and the supports. To benefit from the most advantageous offer, you must already be a customer of the platform, via the finish plus (150 euros per year) or finary pro packages (350 euros per year). A free management mode should complement the whole thereafter, allowing subscribers to diversify their contract on unlisted assets.