Will writing start-up Farewill has been named British Will-writing Firm of the Year and the award from ‘Best Use of Technology” at the British Wills and Probate Awards 2019.
The firm, founded in 2015, offers will-writing which goes through a three-tier verification system of customer input checks, algorithmic checks, and human second and final third checks.
Its system’s algorithm automatically detects customer inputs in wills and filters them into what it calls a ‘Will Specialist checking system’.
In January the London firm secured a £4m investment Augmentum Fintech,
Dan Garrett, CEO of Farewill, said the firm was ‘over the moon’ to have won the awards.
“We’re all extremely passionate about the sector and have worked incredibly hard over the last three years to build a product and a service people love,” he said of the company.
“It’s fantastic to see the industry positively embracing innovation with technology and we’re proud to be a part of it.”
Karen Babington, co-owner of the awards added: “We were blown away by the number and standard of entries in our second year of running the awards.
“Farewill stood out and evidenced innovation, technology, remarkable growth and an impressive customer-centric approach in the last 12 months. It’s inspiring to see a new entrant making such an impact on the industry so quickly, and an exciting signal for innovation and development in the sector.”
The company is part of a growing sector of ‘DeathTech’ firms, which also includes Beyond and Guardian Angel.