The profile is currenly unclaimed by the seller. All information is provided by CB Insights.


Incubator/Accelerator | Alive

About Seasonalife

Seasonalife is an insurance-tech startup which provides a one-stop, web-based solution to quote, compare and illustrate insurance products across multiple insurers for licensed advisors in Hong Kong.

Seasonalife Headquarter Location

20 / F, 535 Jaffe Road

Causeway Bay,

Hong Kong

+852 3905 2999

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Seasonalife

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Seasonalife is included in 1 Expert Collection, including Insurtech.



3,280 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

Latest Seasonalife News

Award-winning Hong Kong start-up, Seasonal Life, launches innovative Insurtech platform

Aug 26, 2019

Award-winning Hong Kong start-up, Seasonal Life, launches innovative Insurtech platform It took a stint living in New York for entrepreneur Michael Chan to realize that Hong Kong needed a user-friendly tool to help make sense of the often-mind-boggling range of insurance choices available. With business partner Fred Ngan, Mr. Chan co-founded Seasonalife Ltd, an Insurtech start-up, which has developed a one-stop platform that enables insurance advisors to look up, quote, compare and illustrate various life insurance products via a single interface. Launched as recently as mid-April 2017, Seasonalife has already earned a Hong Kong ICT 2017 Best FinTech Silver Award in the Banking, Insurance and Capital Solution category. Even better, hundreds of advisors and brokers have already subscribed to the platform, according to Mr. Chan, putting the 10-person company in line to be cash-flow positive. Different Beast “When I moved back to Hong Kong two years ago, it was extremely difficult – even for someone like myself who worked as an actuary in the industry – to find information about insurance products or even understand them,” said Mr. Chan. “I’ve come to realize Hong Kong insurance products are a bit of a different beast.” The partners, both in their early 30s, spotted an opportunity on the distribution side. They targeted consumer-serving brokers and advisors, who must plow through product information from various insurance companies in order to offer the right package to individuals. “Previously, independent financial advisors needed to work with multiple insurance company systems, and with each system, they had to go through a cumbersome process to generate insurance proposals and product illustrations,” said Mr. Ngan. “The resulting quotations and proposals are also very difficult to aggregate and compare across the companies.” Matching Consumers with Needs Seasonalife is an online platform that helps brokers capture consumer profiles through a series of questions that compiles various types of information; from health habits to complex actuarial details. The platform’s aggregating software instantly matches consumer needs with insurance products, using a combination of public-data sources and information gathered from insurance brokers, agents and companies – similar to the way travel websites such as Zuji and Trivago can form potential vacation packages based on input requests. Depending on the consumer’s profile, solutions can vary; for instance, one’s life insurance needs might be best matched by offerings from insurance company A, the same individual’s property insurance best matched from company B, one’s medical insurance from company C, and so on. “An insurance broker may deal with 10 different companies, each offering 20 different products. That’s 200 options of constantly changing products across different systems,” said Mr. Chan. Insurance companies constantly update pricings and other details, and Mr. Chan said the Seasonalife system keeps pace with these changes on a weekly basis. A demo reveals smart-looking graphics and easy-to-read suggested packages that brokers and advisors can offer to consumers. Potential insurance solutions, which could take three to four hours to form using Excel spreadsheets, appear in seconds using the software. Pricing is done on a per-person, per-month basis. Long-term commitments are not necessary, said Mr. Chan, who did not want to reveal price figures in these early days, although he added that customer accounts are now numbering in “the hundreds.” The service took about nine months to develop by a team of 10 people. Labor was one of the largest costs, with investment totaling more than HK $1 million, said Mr. Chan, who noted that the company received some seed funding from the start-up platform Hong Kong X-Tech. Hong Kong Approach The Seasonalife system also injects efficiency into what Mr. Chan considers a uniquely Hong Kong approach to insurance purchases: coverage is often bought from a company that a family member or friend works for. It may not be the best fit, but it’s from a trusted source, and that weighs heavily in such decisions, said Mr. Chan. “It was definitely a surprise to learn this,” he said. “We’ve seen people with something like seven different insurance coverage plans, yet there is still a gap in what they really need.” Buoyed by the promising start of Seasonalife, Mr. Chan credited the University of Waterloo in Canada with instilling the confidence and know-how the founders required to create their own path. He said the work-learn system inherent in the university’s co-op program structure provided real-life examples that prepared the two mathematics degree graduates. “I think people in Hong Kong have been waiting for a long time for innovation in this area,” said Mr. Chan, referring to the brokers now working with the new technology. “That someone has come out and done it, is quite refreshing. It’s about becoming customer-centric.” To learn more about the latest trends, challenges and opportunities of doing business in Asia, and where to get started, be sure to register for the upcoming Think Asia, Think Hong Kong symposium in downtown Los Angeles on Friday, September 20. Learn more at

Seasonalife Web Traffic

Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Seasonalife Rank

  • Where is Seasonalife's headquarters?

    Seasonalife's headquarters is located at 20 / F, 535 Jaffe Road, Causeway Bay.

  • What is Seasonalife's latest funding round?

    Seasonalife's latest funding round is Incubator/Accelerator.

  • Who are the investors of Seasonalife?

    Investors of Seasonalife include Hong Kong X.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.