New York, NY – November 21, 2024 – infineo, a blockchain and AI technology company revolutionizing the $3 trillion life insurance industry, has been recognized as the Best InsurTech Company at the 2024 Benzinga Future of Digital Assets and FinTech Summit. By leveraging tokenized life insurance as a foundational layer, infineo is creating innovative financial products designed to deliver financial certainty to individuals worldwide.
This prestigious award highlights infineo’s groundbreaking innovations in revolutionizing both the insurance and blockchain industries, including its pioneering work in the tokenization of human life—a transformative concept redefining risk management, underwriting, and financial security. Since the launch of their infineo Ledger in June 2024, they have minted over $252 million worth, and counting, of life insurance policies on the Provenance Blockchain, further solidifying its position as a leader in real-world asset tokenization and driving innovation within the life insurance sector.
The award was presented at Benzinga’s FinTech Awards, held on November 19, 2024, at Convene Brookfield Place in New York City. These awards celebrate excellence and innovation across the finance and technology sectors, spotlighting companies that are shaping the future of their industries.
“This recognition from Benzinga is a tremendous honor and a validation of the groundbreaking work we’re doing at infineo,” said Cole Snell, CEO and Founder of infineo. “From leveraging AI to transform insurance operations to pioneering blockchain-based tokenization of a human life, we are redefining how insurers assess risk, deliver value, and empower individuals to take control of their financial futures.”
infineo’s work in tokenization integrates blockchain technology to represent the value of a human life in a secure and transparent manner, creating new opportunities for financial inclusion and precision in risk evaluation. This innovation, coupled with the company’s AI-driven platforms, is setting a new standard for efficiency, personalization, and trust in the insurance industry.
“We are thrilled to honor infineo as the Best InsurTech Company of 2024,” said Jason Raznick, Founder & Executive Chairman of Benzinga. “infineo’s commitment to innovation, particularly its groundbreaking approach to tokenization and its integration of AI into the insurance industry, exemplifies the type of forward-thinking leadership we celebrate at the Benzinga FinTech Awards.”
ABOUT INFINEO
infineo is digitizing the $3T+ life insurance industry to create friction-free access to one of the world's most stable assets for both individuals and institutions at scale. infineo is building a digitally native life insurance ecosystem to allow people to manage, trade, leverage, and invest their policies using blockchain and AI. In doing so, we make the benefits of life insurance available to every person on the planet. Follow us as we revolutionize the life insurance industry by subscribing to our newsletter and following us on X, LinkedIn, and YouTube!
For more information, visit www.infineo.ai.
MEDIA CONTACT:
Sam Amsterdam
Amsterdam Group Public Relations
samuelamsterdam@googlemail.com
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