# Modern Life

> Modern Life is an AI-powered, tech-enabled life insurance brokerage that gives financial advisors a single platform to quote, underwrite, and manage life insurance policies. Founded in 2021 by Michael Konialian and Jack Arenas and backed by Thrive Capital, it replaces a stack of 10+ fragmented legacy tools, compares quotes across 30+ carriers, and uses accelerated underwriting to cut policy cycle times from roughly six months to minutes. Licensed in all 50 states, the company raised a $20M Series A in November 2025, bringing total funding to $35M.

- **Founded:** 2021
- **Headquarters:** New York, United States
- **Founders:** Michael Konialian (Co-Founder & CEO), Jack Arenas (Co-Founder & CTO)
- **Team size:** ~35-53 employees
- **Products:** Multi-Carrier Quoting, Express Decision, Digital Applications & Underwriting, End-to-End Case Management, Advisor Support & Complex Case Consulting
- **Notable:** Raised $35M total funding, including a $20M Series A led by Thrive Capital in November 2025., Backed by strategic insurers New York Life Ventures and Northwestern Mutual Future Ventures., Licensed as a life insurance brokerage in all 50 states.

## Products & services

- **Multi-Carrier Quoting** — Instant, side-by-side quote comparison across 30+ leading carriers and all major product types - permanent life, term life, annuities, and long-term care.
- **Express Decision** — Accelerated, AI-driven underwriting that delivers instant decisions and offers up to 4x faster, frequently without a medical exam.
- **Digital Applications & Underwriting** — Automated, digital applications and risk assessment that replace repetitive interviews, paper forms, and outdated medical workflows.
- **End-to-End Case Management** — A single dashboard for client onboarding, application, policy, and case management - consolidating what previously required 10+ fragmented legacy tools.
- **Advisor Support & Complex Case Consulting** — Human brokerage expertise and consulting for complex, high-value cases, paired with data analytics on the client journey.

## Achievements

- Raised $35M total funding, including a $20M Series A led by Thrive Capital in November 2025.
- Backed by strategic insurers New York Life Ventures and Northwestern Mutual Future Ventures.
- Licensed as a life insurance brokerage in all 50 states.
- SOC 2 Type II certified for security and data handling.
- Cuts typical policy cycle times from roughly six months to minutes via Express Decision.
- Delivers clients up to 20% in cost savings through smarter, data-driven product selection.

## Latest updates

- **2025-11** — Raised $20M Series A led by Thrive Capital with New York Life Ventures, Northwestern Mutual Future Ventures, and Allegis; total funding reaches $35M.
- **2025-11** — Reported cutting policy cycle times from six months to minutes and expanding Express Decision instant underwriting.
- **2022-08** — Launched publicly with $15M seed funding led by Thrive Capital and 12 unicorn founders.

## Links

- Website: https://modernlife.com
- LinkedIn: https://www.linkedin.com/company/modernlife
- Twitter/X: https://twitter.com/ModernLifeHQ

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Profile page: https://yespress.io/modern-life
Published by YesPress — https://yespress.io
Last updated: 2026-06-13