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Olé life
Olé Life is the first fully digital life insurance provider in Latin America, offering flexible term life insurance policies in US dollars. The company provides a simplified, AI-driven digital experience, allowing customers to complete policy purchases in under 10 minutes without the need for medical exams for many options. Olé Life specializes in term life insurance with fixed premiums and flexible terms, and it can underwrite policies up to $1 million. Founded by brothers Michael Carricarte and David DeJoy, Olé Life is headquartered in San Juan, Puerto Rico, with operational ties to Miami, Florida. The company aims to make life insurance simple, transparent, and accessible for individuals and families across more than 30 countries in Latin America and the Caribbean, focusing on the growing middle class. With a network of over 4,000 distribution partners and more than 6,000 policyholders, Olé Life is strategically expanding into key markets like Mexico and Brazil.
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$35M