NEW YORK, October 30, 2023 /PRNewswire/ — Optimization, is redefining the life insurance industry by bringing together technology and industry experts with a collective of 100+ years in the design, underwriting, implementation and active management of the insurance portfolio. Today, Optifino is proud to introduce its distinguished advisory board of industry leaders and practitioners.

Optifino is a life insurance fintech company backed by some of Silicon Valley’s top venture capital firms such as 8VC, MS&AD Insurance Group Holdings and HOF Capital. Bringing together expertise in the financial, technology and life insurance industries, Optifino’s mission is to demystify life insurance by systematically optimizing transparency, protection, tax management and liquidity. Optifino has created a proprietary technology platform designed to bridge the gap between life insurance and investing to deliver value for every client and advisor.

The Board of Advisors will contribute a wealth of expertise and experience to support Optifino’s mission to deliver this value. Optifino’s board members include Chuck Rettigformer IRS Commissioner; Karan ChawlaChief Product Officer at Homethrive; Jacques Friedmanmanaging partner at Dot 8 Capital; Scott HammCEO of Pinpoint Predictive; Peter JedzicPresident and General Counsel of Life Insurance Strategies Group; Ryan Eisenman; CEO of Arch, and Jamie McLaughlinfounder and chief executive of JH McLaughlin & Co.

“Our advisors have a successful track record in their respective industries, Scott Hamm for example, was chief distribution officer for Transamerica and is now CEO of Pinpoint Predictive, which helps insurers take advantage of the behavioral economy.” said David Kleinhandlerfounder and CEO of Optifino, “whether talking to clients or keeping up with the evolving regulatory environment, compliance is critical for advisors.”

Optifino offers a personalized and unbiased process backed by expert supervision. It uses a proprietary technology platform to seamlessly combine life insurance policies from leading carriers into a single portfolio. With regular policy monitoring and premium due date reminders, Optifino ensures that customers always have the best coverage, follow-up care, fiduciary life insurance and service.

“The idea for Optifino stems from my sincere desire to humanize and transform the industry. In my 30-plus year life insurance and investment career, I have faced the same recurring challenges: lack of transparency, lack of policy comparison infrastructure, and limited customer support,” said Retailer. “Change was imperative, which led me to step in and help clients by building better life insurance portfolios that truly enrich their lives.”

Optifino is dedicated to transforming the life insurance selection process by designing customized policy portfolios tailored to individual goals and aspirations. Their commitment to excellence goes beyond basic coverage, striving to seamlessly integrate life insurance into comprehensive financial planning. This not only protects legacies, but also provides a range of life benefits such as long-term care cover, access to tax-free funds for a child’s education, or funding a post-retirement income, just to name a few.

Chuck Rettigformer IRS Commissioner, expressed his enthusiasm for Optifino, stating, “I am proud to be part of Optifino’s advisory board and offer my advice from a tax perspective. Life insurance policies provide a death benefit that is usually paid to the beneficiary free of federal income tax and offer a tax-efficient way to make sure your family has the resources to maintain their standard of living.”

Rettig’s experience navigating the nation’s tax system will help Optifino’s team of experts ensure their clients’ life insurance portfolios are better optimized for the changing tax climate. Previously, Rettig worked at one of the nation’s leading tax law firms representing numerous individual, business and corporate taxpayers before the IRS, the Department of Justice’s tax division, federal and state courts, and various state tax authorities. Mr. Rettig has been a featured speaker and panelist at hundreds of tax conferences worldwide United Statesin Europe and in Central America.

“We are proud to announce our esteemed advisors to the Optifino team because their expertise will help shape the life insurance portfolios we provide to our clients to help ensure generational health and wealth for their families,” said Kleinhander.

Optifino is at the forefront of industry transformation, ushering in a new era of efficiency and customer focus. By offering customized solutions, it meets the ever-evolving needs of customers. Optifino demonstrates the limitless potential of technology to reshape the insurance landscape.

About Optifino
Optifino is a stealth fintech backed by some of Silicon Valley’s top VCs. Bringing together experience in the finance, technology and life insurance industries, his mission is to transform and demystify life insurance by systematically optimizing transparency, protection, tax management and liquidity. By applying proprietary technology, it has created a revolutionary solution designed to bridge the gap between life insurance and investing to deliver value in every interaction. The company’s commitment to improving the life insurance experience is reflected in its dedication to oversight and customer orientation. By combining the best policy options, Optifino creates portfolios that are customized to each client’s needs at every stage of their life. With regular policy monitoring and premium due date reminders, Optifino also ensures that its customers always have the best coverage. For more information, please visit https://optifino.com.

SOURCE Optifino

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