Triangle Life Secures Investment To Redefine High-Net-Worth Life Insurance Experience

KUALA LUMPUR, June 17 (Bernama) -- Triangle Life, a Bermuda-based life insurance company, has secured its next stage of growth investment and commenced signing agreements with international high-net-worth (HNW) brokers across key international financial centres.

A strong capital base for growth has been achieved via investment from a diverse group of investors, including Aspida Life Insurance Company, BroadRiver Asset Management LP and a series of family offices, who align with Triangle Life’s long-term vision and client-centric approach.

Triangle Life in a statement said the investors are highly supportive of the company’s focus as an HNW insurance provider and its innovative growth strategy.

Bringing together an exceptional team of experienced HNW insurance leaders, led by its Chief Executive Officer, Niall O’Hare, the company is dedicated to working with brokers to help clients realise the positive impact of their wealth in securing legacy plans aligned with their values and aspirations.

“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 are excited to deliver on this through a team of seasoned professionals working alongside leading brokers serving clients with complex, international life insurance needs,” said O’Hare.

Built to deliver a modern and convenient insurance experience, Triangle Life has developed an innovative digital platform designed to enhance advisors’ engagement and meet the expectations of today’s internationally mobile, tech-savvy HNW clients.

Jefferies acted as financial advisor, and Skadden, Arps, Slate, Meagher & Flom (UK) LLP served as legal advisors to the company in this transaction, with Appleby Bermuda acting as Bermuda counsel.

-- BERNAMA