elipsLife

What elipsLife does

elipsLife is a European B2B insurance company specializing in personal insurance products that cover the financial consequences of illness and accidents for corporate clients. Its core offerings include life and disability insurance providing wage replacement benefits in the event of occupational disability or death, structured for companies and associations with 500 to 10,000 employees. The company is regulated as an authorized insurer in Liechtenstein (under FMA oversight) and operates branch entities in Switzerland, the Netherlands, and Italy, with additional reach into Germany, Ireland, and Belgium via Freedom of Services.

The company operates an integrated technology and service platform built around single-source delivery: BBTClaims provides a web-based portal for electronic claims submission by smaller clients, SunetPlus handles higher-volume electronic settlement and case tracking, and a Care Management System covers prevention, case management, and employee reintegration. These tools are supported by Corporate Health Management (CHM) and workplace health promotion programs. Distribution is exclusively indirect, executed through brokers, insurance experts, banks, and industry associations across European markets.

elipsLife generates revenue primarily through recurring insurance premiums on life, accident, and disability products, supplemented by professional services revenue from care management. Pricing is quote-based and not publicly disclosed, tailored to individual corporate risk profiles. Since July 2022, elipsLife has been a wholly owned subsidiary of Swiss Life International, acquired from Swiss Re, with a long-term reinsurance partnership retained by Swiss Re. Reported premium volume exceeds 750 million EUR, with the company describing its financial position as enabling self-financed expansion.

Name

elipsLife

Legal name

Elips Life Ltd

Website

https://elipslife.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

251–500 employees

Short description

elipsLife is a B2B insurance company offering life, accident, and disability products with integrated care management to mid-to-large European corporate clients (500-10,000 employees), operating as a wholly owned subsidiary of Swiss Life International across Switzerland, Liechtenstein, Benelux, Italy, Germany, and Ireland.

Ownership category

akta.pro rank

Product category

Group Life and Disability Insurance

NAICS

Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Life Insurance (6311), Accident & Health Insurance (6321)

akta.pro primary industry

Basic Group Term Life (Employer-Paid) (FSAIADAA)

akta.pro secondary industries

Group Disability Income Insurance (Employer-Sponsored) (FSAIAIAB), Group AD&D (Standalone or Bundled with Life) (FSAIADAG), Ancillary Employer Benefits (Life/Disability/Accident/Critical Illness) (HLAEAAAK)

Keywords

• Group life insurance
• B2B disability insurance
• Occupational benefit coverage
• Corporate claims management
• Workplace health management

Headquarters

HQ city

Vaduz

HQ country

Liechtenstein

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Life Insurance Premiums: elipsLife generates revenue through insurance premiums for personal insurance products covering occupational and private pension provision for death and disability risks. Premium volume exceeds 750 million EUR.
2. Wage Replacement Benefits: Insurance products providing wage replacement benefits as a result of occupational disability or death, covering financial consequences of illness and accidents.
3. Care Management Services: Supplementary services including workplace health promotion, case management, and reintegration support bundled with insurance products.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

elipsLife provides group life and disability insurance products for corporate clients and institutional organizations (typically 500–10,000 employees), covering wage replacement, occupational disability, and death benefits. The company complements its insurance offering with care management, case management, and workplace health promotion services, as well as dedicated electronic claims-submission portals (BBTClaims and SunetPlus) for clients and high-volume distribution partners.

Product overview

elipsLife is a B2B life insurance company offering comprehensive personal insurance products covering financial consequences of illness and accidents. The product portfolio includes three main components: (1) core insurance products for wage replacement, occupational disability, and death risks; (2) technology platforms BBTClaims and SunetPlus for claims submission and daily allowance settlement; and (3) care management services including case management, workplace health promotion, and corporate health management (CHM). In Italy, products are branded under the VISxWIN, FABI, and Company Cover lines. The company serves corporate clients (500-10,000 employees) through broker and distribution partner networks across Switzerland, Liechtenstein, Italy, Benelux, and Belgium.

Differentiator

Problem solved

Functional benefit

Products and services

• BBTClaims
• SunetPlus
• Care Management
• Corporate Health Management (CHM) / Workplace Health Promotion
• Elips Accident Plus PRO One
• Vita FABI
• Vita Plus FABI
• Soluzione IPM VISxWIN
• Infortuni Plus VISxWIN
• Vita VISxWIN
• Vita Smart VISxWIN
• Vita Plus VISxWIN
• Company Cover IPM
• Company Accident Cover
• Production Accident Cover

Quantifiable outcome

• 2.6 fewer days of absence per year per employee through workplace health management programs
• +2 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered flagship and core.

• Swiss Life InternationalflagshipStrategic or Co-development PartnerelipsLife is an integral part of the employee benefits solutions of Swiss Life International division, a leading European provider of life insurance, pensions and financial solutions. As a wholly owned subsidiary, elipsLife has access to global expertise and a worldwide network.
• BBT SoftwarecoreTechnology or IntegrationTechnology partnership for claims submission platforms. BBTClaims is a lean web solution for secure electronic claims submission, and SunetPlus enables electronic settlement of daily allowance benefits and case status tracking for high-volume users.
• Swiss Life Asset Managers FrancecoreOthersPortfolio management company under supervision of French financial market supervisory authority (AMF). Establishes Swiss Life Group's investment strategy and manages investment assets for Elips Life with the objective to maximize risk-adjusted performance.
• Global Distribution Network (90+ partners)coreChannel Partner/ Reseller/ DistributorA global network of more than 90 independent insurance companies and business partners in 80 countries provides benefits for local and mobile employees around the world as part of Swiss Life International network.

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Swiss Life: Parent company of elipsLife and one of Europe's leading life and pensions insurers with strong group benefits franchise across Switzerland, Germany, and adjacent markets; provides direct comparability on group life, disability, and pension products for corporate clients.
• Zurich Insurance Group: Global insurer with a substantial group life and disability benefits business in Switzerland and across Europe; competes with elipsLife for mid-large corporate accounts and offers broader risk portfolios with deeper balance sheet capacity.
• Generali: Major European insurer headquartered in Trieste with strong group life, accident, and disability benefits businesses; directly overlaps elipsLife's Italian operations and B2B broker distribution model in southern Europe.
• AXA: Global insurer with significant group health, life, and disability business across Europe; competes with elipsLife for mid-market corporate clients in Benelux, Switzerland, and Italy via broker and bancassurance channels.
• Allianz: World's largest insurer with substantial group life, disability, and accident offerings across Europe; competes in elipsLife's geographic footprint via global corporate benefits packages and broad agent networks.

Direct peers

• Unum Group: US-headquartered specialist in group disability and group life insurance for employers; closest comparable pure-play in product focus, B2B employer benefits channel, and integrated claims/care management positioning across Europe.
• MetLife: Global specialist in group benefits (life, disability, accident, dental) for employers, with significant European operations; comparable B2B employer-focused distribution model and similar group product mix to elipsLife.
• CNP Assurances: France-rooted specialist in personal insurance (life, disability, creditor, savings) with growing European footprint through partnerships; comparable group life and individual protection products distributed via partner and bancassurance channels.
• BNP Paribas Cardif: Insurance arm of BNP Paribas focused on personal protection, savings, and creditor insurance across more than 30 countries; overlaps with elipsLife on group life distribution and bancassurance partnership economics in Europe.

Regional players

• Vienna Insurance Group: Central and Eastern European insurance leader headquartered in Vienna; operates in Germany, Austria, and CEE where elipsLife is also expanding its corporate employee benefits business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/elipslife

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about elipsLife