 | |
Type of site | Insurance Company |
|---|---|
| Available in | English |
| Country of origin | United Kingdom |
| Key people |
|
| URL | www |
| Commercial | Yes |
| Launched | 2023 |
| Current status | Active |
Eleos Insurance is a digital insurance provider based in London, United Kingdom, offering life insurance and income protection insurance products. [1] The company was established in 2023. [2]
Eleos was founded by Kiruba Shankar Eswaran, who had previously established Zaask, a local services marketplace in Portugal. [3] In May 2024, the company received £3.25 million in seed funding from investors including Fuel Ventures and Indico Capital. [4]
The company provides two primary insurance products:
Additional services include:
Eleos operates through a B2B2C (Business-to-Business-to-Consumer) framework. [9] The company provides insurance services through partnerships with financial institutions. [10]
A seed funding round in May 2024 raised $4 million, with participation from Fuel Ventures and Indico Capital. [11] The company indicated plans to use the funding for UK market expansion and potential U.S. operations. [12]
Eleos operates under Financial Conduct Authority (FCA) regulation in the United Kingdom. [13] Its policies fall under the protection of the Financial Services Compensation Scheme. [14]
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