# Olé Life

> Olé Life is a digital life-insurance business serving Latin America and the Caribbean with US-dollar term policies, optional living benefits and technology for insurance advisors. Its international carrier is based in San Juan, Puerto Rico; the company also maintains a Miami corporate office and works with local insurers in Brazil and Mexico.

- **Founded:** 2019
- **Headquarters:** San Juan, Puerto Rico
- **Founders:** Michael Carricarte (CEO and co-founder), Andrew Carricarte (President, CTO and co-founder (2025 corporate profile)), Brian Carricarte (Chief Integration Officer and co-founder (2025 corporate profile))
- **Products:** Easy Term, Master Term, Living benefits, Advisor platform and apps, Member app
- **Notable:** Reported more than USD 2 billion insured value in January 2025., Reported more than 4,000 distribution partners in January 2025., World Future Awards recognition in life insurance, 2023.

## Products & services

- **Easy Term** — USD term life coverage with simplified underwriting. Main website lists $100,000-$1 million; help-center specifications list up to $5 million. Confirm the applicable market and policy version.
- **Master Term** — Higher-value USD term life coverage up to $10 million, subject to underwriting. Main website and help-center lower limits differ.
- **Living benefits** — Terminal-illness advance plus optional return of premium, accident, cancer, critical-illness and income-protection benefits, depending on product and jurisdiction.
- **Advisor platform and apps** — Digital quoting, application and portfolio tools; Olé Life GO supplies advisor training and materials.
- **Member app** — Policyholder app with payment and card-update functions.
- **Olé Life Brazil** — Locally issued life insurance through Excelsior, distributed in partnership with Nomad; advertised coverage $100,000-$500,000.
- **Olé - SP México** — Digital USD life insurance offered with Seguros Patrimonial, with locally specified coverage and benefits.

## Achievements

- Reported more than USD 2 billion insured value in January 2025.
- Reported more than 4,000 distribution partners in January 2025.
- World Future Awards recognition in life insurance, 2023.
- Pan Finance recognition as Best Digital Life Insurance Provider - LATAM, 2024.
- AM Best affirmed B++ (Good) financial strength with stable outlook in October 2025.

## Latest updates

- **2025-01** — Announced USD 13 million Series B.
- **2025-04** — Swiss Re reinsurance partnership took effect.
- **2025-10** — AM Best affirmed credit ratings.
- **2026-03** — Public reporting described Brazilian offering with Excelsior and Nomad.
- **2026-07** — Member Android app listing shows July 21 update.
- **2026-08** — Mexican partnership with Seguros Patrimonial announced.

## Links

- Website: https://olelife.com
- LinkedIn: https://www.linkedin.com/company/olelife/
- Twitter/X: https://twitter.com/olelife_
- YouTube: https://www.youtube.com/@olelife_
- Instagram: https://www.instagram.com/olelife_/
- Facebook: https://www.facebook.com/OleLife

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Profile page: https://yespress.io/ol-life
Published by YesPress — https://yespress.io
Last updated: 2026-10-06