Founder & CEO at Modern Life
Insights & ideas
Michael Konialian argues that the life insurance industry suffers from significant inefficiencies, particularly around underwriting, which he describes as too complex and time-consuming for both advisors and the people they serve [1]. His central idea behind founding Modern Life is that technology, paired with strong relationships, can meaningfully shorten and simplify this process, allowing advisors to get clients into the right policies much faster than the traditional system allows [1]. He frames Modern Life explicitly as a platform built to support and "supercharge" advisors rather than replace them, positioning technology as a tool for improving speed and accuracy in an
Experience
- Founder & CEOModern LifeFeb 2021 to Present
- VP and General ManagerCoverWalletJan 2018 to Jan 2021
- Engagement ManagerMcKinsey & CompanySep 2013 to Dec 2017
- Foreign Affairs OfficerU.S. Department of State2009 to 2011
- Undergraduate Research FellowJet Propulsion LaboratoryJun 2007 to Aug 2007
Education
Harvard Business School · Master of Business Administration (MBA), Section President2011 - 2013
Princeton University · Bachelor of Science, cum laude2005 - 2009
Media & appearances
- Ep 211 - Modern Life CEO & Co-Founder, Michael KonialianFNO: InsureTech (YouTube)
Michael Konialian discusses founding Modern Life, a platform designed to help life insurance advisors reduce underwriting time and complexity. He explains that Modern Life uses technology and relationships to streamline the process of getting people the right life insurance policies faster, addressing the inefficiencies in the traditional life insurance market.
- Michael Konialian, Co-Founder and CEO of Modern Life: $15 Million raisedCategory Visionaries
- Ep 211 - Modern Life CEO & Co-Founder, Michael KonialianFNO: InsureTech
- Ep 211 - Modern Life CEO & Co-Founder, Michael KonialianFNO: InsureTech (Spotify)
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