Haven Technologies
Haven Technologies, a subsidiary of Massachusetts Mutual Life Insurance Company, provides a SaaS platform enhancing life insurance processes with innovative services like Data-Driven Underwriter and Digital Life Challenger.
Services
Haven Technologies offers a platform for life insurance that includes various services designed to streamline and improve insurance processes. Their key services include the Data-Driven Underwriter, Policy Admin Transformer, and Digital Life Challenger. Each service is designed to enhance different aspects of the insurance lifecycle, making processes less complex and more accessible through digital transformation. The Data-Driven Underwriter focuses on improving risk assessment and underwriting efficiency. The Policy Admin Transformer is aimed at modernizing policy administration, and the Digital Life Challenger enhances the overall customer experience through digital engagement.
SaaS Model
Haven Technologies employs a Software-as-a-Service (SaaS) model that allows various insurance carriers to leverage their platform as their own. By using the SaaS model, Haven Technologies provides carriers with the flexibility to adopt and integrate cutting-edge technology without the need for substantial in-house development. This approach helps carriers efficiently digitalize their operations and improve their service offerings.
Subsidiary of MassMutual
Haven Technologies operates as a wholly owned, independent subsidiary of the Massachusetts Mutual Life Insurance Company (MassMutual). This relationship allows Haven Technologies to benefit from MassMutual's extensive experience and resources while maintaining its independent operations. MassMutual’s backing provides Haven Technologies with a strong foundation for growth and innovation in the life insurance technology sector.
Headquarters
Haven Technologies is headquartered at 2 Park Avenue, New York, NY 10016. The central location in New York City positions the company at the heart of a major financial and technological hub, providing access to a broad network of industry players and potential clients. The headquarters location supports Haven Technologies' strategic goals and operational activities.