In our 2020 book, ‘Longevity Industry 1.0: Defining the Biggest and Most Complex Industry in Human History’, we distilled the complex assembly of deep market intelligence and industry knowledge that Deep Knowledge Group and its Longevity-focused subsidiaries (including Longevity.Capital and Aging Analytics Agency) have developed over the past 7 years into a full-scope understanding of the global Longevity Industry.

 

One of the four sections of that book was dedicated to the topic of Longevity Finance, charting the ways in which increasing numbers of Financial Corporations are re-tuning their business models to neutralize the challenge of ageing population and leverage the growth potential and opportunity of Longevity. Now, in 2023, given the unrecognized importance of this sector to the health and stability of the Global Longevity Industry as a whole, the time has come to devote an entire topic of the present state and near-future of this rapidly evolving sector.

 

While the majority of practical outcomes in healthy human longevity will be driven by precision health technologies, they will also require an assembly of other, non-biomedical components, including financial products and services such as InsurTech, AgeTech, HealthTech, and WealthTech. Progressive financial corporations are already onboarding the topic of longevity in significant ways. Meanwhile, increasing numbers of HWNIs and members of the global investment community are embracing the emerging paradigm of Health as New Wealth, and recognizing Health as the Most Precious Asset; in 2018 UBS bank conducted a survey among its HNW clients and found that 50% planned to live past the age of 100 years. It stands to reason that such clients will require a far longer horizon of financial planning and specifically designed financial products.

 

Against this backdrop of activities, the continued positive trajectory of growth and stability of Global Longevity Industrialization faces a major bottleneck and risk factor: Longevity start-ups require increasingly large levels of funding to move forward, and appetite for exposure to Longevity among both individual and institutional members of the convervative investment community continues to mount, but an extreme lack of innovation in the technologies, institutions, and instruments used to direct and manage Longevity investment and financial activities has created a critical Big Gap preventing the two sides of the Longevity Liquidity equation from being bridged.

 

Having been actively conducting market intelligence in this space for several years, and having originally coined the term Longevity Financial Industry in 2017, Deep Knowledge Group has been systematically applying its DeepTech Engineering mindset to this issue, developing and designing the blueprint of frameworks, institutional structures, technologies and financial innovations required to bridge this big gap and achieve a massive acceleration in the rate of Longevity Industrialization. Now, for the first time, we are unveiling parts of this blueprint to the larger investment and finance communities, outlining the major challenges and opportunities in this space for Investment Banks, Insurance Companies, Pension Funds, Asset Management Firms and Retail Banks, and forecasting the rise of Longevity-focused Investment Banks, Stock Exchanges, ETFs, Technology Marketplaces and Modern Financial Instruments and Derivatives, and offering a glimpse at Deep Knowledge Group’s ongoing work to create, validate and deploy the exact modern DeepTech tools and engineered solutions needed to unleash the Future of Longevity Finance years ahead of schedule.