Bermuda’s Triangle Life secures backing from US investors

Bermuda-based life insurer Triangle Life has secured backing from US investors as it expands globally, offering legacy planning solutions for high-net-worth individuals and signing distribution agreements with brokers worldwide.

Triangle Life, which launched in November 2022, is the only life insurer founded with a sole focus on serving the high-net-worth market.

Investors including North Carolina-based Aspida and New York-based BroadRiver Asset Management, as well as several family offices have provided growth capital. 

Niall O’Hare (pictured), CEO Triangle Life, said: “At Triangle Life, we see an opportunity to bring fresh thinking and a new approach in HNW mortality protection. Strong backing from our investors reflects confidence in our vision: a modern life insurer built around the needs of today’s HNW clients. We're excited to deliver on this through a team of seasoned professionals, working alongside leading brokers serving clients with complex, international life insurance needs.”

Chief commercial officer Merrilyn Johnson added: “Triangle Life is inspired by the belief that meeting the evolving needs of the global HNW community means doing things differently — with deeper insight, greater flexibility, and a personalised approach. By combining exceptional service with deep experience, we are built to deliver best-in-class, digitally enabled HNW life insurance solutions.”

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