MetLife EMEA calls for insurtech start-ups
MetLife EMEA is offering a dollar-drenched life with a call for insurtech start-ups to compete for a $100,000 contract to develop and pilot solutions with the firm.
Applications are open until 20 April 2018!
The contest is called Collab 3.0 EMEA, and is a global open innovation platform for participants to team with MetLife “while solving some of the insurer’s biggest challenges” across its business in Europe, the Middle East and Africa.
The insurance company is looking for solutions in areas such as customer engagement, sales, and operations.
Klaas Stijnen, CEO of Montoux, one of the Collab 2.0’s winners, which has already started to pilot its solutions in product pricing optimisation with MetLife Japan, advises entrants to be “transparent about the advantages and disadvantages of their solution when applying”.
Following a selection process, MetLife will determine eight finalists and pair them with MetLife EMEA “employee champions to help finalists hone their pitch and improve problem-solution fit”.
The eight finalists will be invited to attend the Collab Summit EMEA and Demo Day in London on 11-12 July 2018 to present their solutions where the ultimate winner will be announced.
You’d better get a move on as applications are open until 20 April 2018. You can apply here.
Created by LumenLab, MetLife Asia’s innovation centre, Collab 3.0 EMEA follows MetLife Asia (no 1) and MetLife Japan (no 2), which have awarded $600,000 in equity-free contracts to start-up finalists.
Previous collab winners have focused on areas including operations optimisation, product pricing, customer engagement, digital distribution, and claims analysis.
