LumenLab, MetLife’s Singapore-based innovation center, has announced the launch of Collab—a three-month insurtech program offering startups a chance to bring new products to life at the company.
Launched in July 2015, LumenLab is calling for innovative technologies in customer engagement, claims, insurance business models and the sales process, it said. Eight startups will be selected from the open application process, ending Jan. 29, and will then be rigorously evaluated in preparation for demo day on May 19. The winning startup will receive a $100,000 contract to implement a pilot within MetLife.
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