Strong client and adviser demand has led to the launch of a new product for high-net-worth clients, Triangle Global Harmony.

The new offer by a Bermudian-based company, Triangle Life Insurance Co Ltd, is a flexible, premium indexed universal life insurance product. It is designed to address the long-term protection and cash value accumulation needs of such clients.

The insurer said Global Harmony combines significant protection levels, competitive pricing and well-known features, and is delivered through a digital service model that streamlines the client journey and empowers advisers.

Global Harmony will be offered exclusively through independent brokers and advisers. The company said all policies must be owned by entities such as a trust, private investment company or a similar estate-planning vehicle.

Key features include strong levels of coverage for the goals of those with high net worth, including family lifestyle, wealth transfer, legacy planning and business continuity.

Clients can choose from accounts tailored to their individual goals and risk appetite, and there is downside protection as well as guarantees against market volatility. Clients can get their desired flexibility in coverage levels, premiums and death benefit options.

There is also fast-track underwriting for speed and convenience.

The announcement follows Triangle Life recently securing its next stage of growth investment.

Niall O’Hare, chief executive, Triangle Life, said: “Advisers are at the heart of how we deliver value. With Global Harmony, we’re providing more than a product. We’re delivering a total solution. By pairing our IUL design with a modern digital platform, we make it easier for advisers to deliver smarter outcomes faster and drive long-term success.

“With a team rich in industry expertise and a mindset of fresh thinking, Triangle Life is built on a deep understanding of evolving high-net-worth needs.”

Merrilyn Johnson, chief commercial officer, commented: “Global Harmony is designed with advisers in mind — clear, competitive and backed by digital tools that reduce friction in the process.

“It’s about equipping advisers with a solution that not only meets client needs but also helps them grow their business with confidence.”