Afficiency operates in the life insurance sector, focusing on creating and distributing innovative digital life insurance products. The company serves insurance carriers by developing new products tailored to consumer needs and leveraging technology to reduce acquisition and maintenance costs. Afficiency's market includes both traditional and digital-first insurance carriers looking to modernize their offerings. The business model revolves around a fully digitized value chain, from underwriting to customer service, enabling consumers to purchase life insurance online in under 10 minutes. Afficiency generates revenue through partnerships with insurance carriers, who utilize its technology stack to offer streamlined, affordable life insurance products. The company's use of machine learning and big data allows for real-time underwriting, making the process efficient and cost-effective. Afficiency's core strengths lie in its ability to combine industry expertise with advanced digital solutions, providing a seamless experience for both carriers and consumers.

Keywords: digital life insurance, machine learning, underwriting, big data, insurance carriers, technology stack, real-time data, affordable insurance, seamless experience, innovative products.