Particeep and Testamento announce a partnership

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A partnership targeted at revolutionizing life-insurance subscription process.

Both created in 2013, Testamento, an estate planning platform, and Particeep, which offers turnkey solutions for online subscription to financial services, have just announced the signing of a technology partnership. Banks, mutuals and insurers are now benefiting from this offer.

Banking-Insurance: digitization more necessary than ever

Since the lockdown period linked to the Covid-19 epidemic, having 100% digital sales solutions has never been more important. According to a CXP Group white paper, “only 30% of insurance players have a strategic approach to these issues”. Technological barriers are gradually being lifted thanks to initiatives by insurers to overhaul their IT systems, which are expected to accelerate.

Combining recognized expertise from experienced startup

In this context, Particeep and Testamento offer a ready-to-use and customizable solution for subscribing to life insurance products, including the management of the beneficiary clause. In concrete terms, it is now very easy to integrate the beneficiary designation module designed by Testamento into a life insurance product subscription process created with Particeep’s Plug solution. This course is then deployed in a few weeks for all use cases: subscription with a face-to-face consultant, by phone, or independently.

Fintechs at the service of finance and insurance players

Virgile Delporte, President and co-founder of Testamento explains: “This partnership opens up new perspectives in the life and health insurance market for our partners, all players in the insurance sector. They indeed need to speed up their digitization, and the combinations and complementarities that we offer with Particeep will save them a lot of time. Our solutions will bring a higher level of advice, compliance and added value to customers while significantly reducing management costs.”

Steve Fogue, President and Co-founder of Particeep completes: “We are delighted with this technological partnership with Testamento in a rapidly changing insurance market. In fact, according to an EY study, 80% of consumers plan to interact with their insurance through digital channels. Our role is to offer the market complete underwriting solutions that are simple and quick to set up and take into account product specificities such as the beneficiary clause designation module designed by Testamento.”

This partnership also delights Alain Clot, President of France FinTech, of which the two startups are members: “We are delighted to see this initiative between two of our members who already have solid references in their respective markets. This unites and strengthens our ecosystem. In this time of crisis, startups can do a lot for both their clients and their partners. This offer can in particular simplify the work of the technical teams of the banks and insurance companies, always so mobilized and under strong tension.”

 About Testamento

TESTAMENTO, a succession planning platform, has been democratizing since 2013 the security of the wishes and assets on the French market. Designed with notaries, lawyers and insurers, the platform offers information relating to inheritance and transmission, and tools for drafting legal documents aimed at securing everyone’s assets. Documents can be legally archived or registered in the central file of notaries (FCDDV), proofread and kept for life by one of the notaries on the site. Supported by Télécom Sud-Paris, the Entreprendre Network and the French Assurtech accelerator, Testamento has the Finance Innovation label. The company has raised 3.3M € and already has more than 10 partnerships with major players in banking and insurance in France. Testamento joined the France Fintech association in 2020.


About Particeep

Particeep is a fintech that provides banks, management companies, insurers and their distributors with turnkey online marketing solutions for their financial products and services. In addition to its API, which integrates ready-to-use micro-banking and insurance services, it offers white-label solutions for the online distribution of banking, insurance and investment products.

Particeep is a Young Innovative Company, labeled twice by Finance Innovation and winner of ten awards such as the Best Open Banking API Europe 2020 award from the Global Banking & Finance Review and the Open Banking Awards from Banque Innovation in 2018 and 2017 Since its creation in 2013, Particeep has raised € 2.55 million and counts among its clients major players in banking, insurance and savings in France and in Europe.

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