Metlife’s fifth Ignition event features 16 insurtechs

MetLife hosted its fifth annual Ignition event to strengthen its connections into the digital world on June 6 in New York.

The event brought 16 start-ups with disruptive technologies to present intimate pitches focusing on four key areas: data and analytics, customer experience, new adjacencies and operational simplicity.

Greg Baxter, EVP and chief digital officer at MetLife shared in remarks at the event, “We are living in a digital world, what customers want and need are changing and how we served them must change. We are all architects and need to take the possibility of disruption to build a better future for customers.”

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The MetLife Inc. headquarters building stands in New York, U.S., on Monday, May 2, 2016. MetLife, the largest U.S. life insurer, is expected to release earnings figures on May 4. Photographer: Michael Nagle/Bloomberg

Digital Insurance was invited to sit in on three sessions, with the following companies:

Behavox: AI platform gathering and interpreting employee data to understand behaviors through internal and external interactions. It leverages the power of AI to help companies understand, analyze, and interpret the insight on compliance and risk, culture and conduct, performance and sales and profits.

Miro: A virtual whiteboard uses to visually collaborate in cross-functional teams of up to 200 employees worldwide. Its goal is to improve distributed team brainstorming, synchronized collaboration and project end-to-end management, with more than 25 integrations with other platforms.

Okera: An active data access platform that gives data producers, consumers, and stewards the confidence to unlock their data for growth.

The goal of Ignition isn’t to pick a winner, as a competition, but to connect the startups with MetLife leaders and potentially begin a relationship. This year, that was facilitated by digital tags issued to all attendees to easily connect MetLife employes to interested startups, synching their information with startups’ and e-mailing a breakdown of connections made throughout the day

“Every year with Ignition we try to go bigger and better with brand new capabilities” shared Terry Luciani, VP of innovation, in remarks at the event.

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