Web-Based Life Marketer Sues Swiss Re

January 31, 2023 by Allison Bell

Cayo, a company that developed a system for selling life insurance through the web, is suing U.S. subsidiaries of Swiss Re over problems with a digital life insurance sales initiative.

Cayo filed a complaint against Swiss Re America Corp. and two other Swiss Re businesses — Lumico Life Insurance Co. and iptiQ Americas — in a Colorado state court in Denver in October.

The defendants moved earlier this month to transfer the case to the U.S. District Court in Denver.

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Originally Posted at ThinkAdvisor on January 26, 2023 by Allison Bell.