Insurance Company for the Disabled Project in Mexico
Delphos assisted Paralife Insurance obtain $6 million in launch equity from IFC and IDB to develop and market insurance products to disabled and low-income people in Latin America. ParaLife launched its first operation in Mexico and then expanded in Colombia. In addition to offering life insurance polices to disabled people, their families, and care providers, ParaLife also offers training to disabled people through the ParaLife Foundation. The company was founded by a former CEO and Chairman of Zurich Financial Services. Before arranging the investments, Delphos helped the founder develop the business plan for the Mexico launch.
Details
Category
- Social Infrastructure
Client Name
Paralife Insurance
Services Provided
- Capital Raising
Region
- Latin America & the Caribbean
Country
- Mexico
