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