The collaboration will leverage Fintech Blue Solutions' technology-based distribution expertise.
Agam will contribute its modern pALM analytics platform to the partnership.
American Equity's capital and retirement services capabilities will play a significant role.
This partnership aims to bring rapid innovation to the Indian life insurance and retirement product market.
American Equity Investment Life Holding will be a significant investor in this strategic partnership.
Fintech Blue Solutions has disrupted the Indian insurance market with its API-based platform, influencing a $100 billion insurance market.
The proposed insurance company plans to start operations in the coming months, pending regulatory approvals.
They will focus on dynamic branding and product development to empower partners and expand customer options.
Agam Capital specializes in insurance analytics, American Equity focuses on annuity and retirement products, and Fintech Blue Solutions simplifies insurance distribution for entrepreneurial clients.