ADDING MULTIMEDIA MetLife Japan Awards Three New Tech Contracts Through collab 2.0
December 11 2017 - 5:05AM
Business Wire
Moneytree, Montoux and WorkFusion beat 111
competitors from 24 countries for a JPY10 million contract
LumenLab, MetLife Asia’s Singapore-based innovation center,
today announced the winners of collab 2.0, an open innovation
platform designed to match startups with business opportunities
within MetLife Japan.
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The winners - Moneytree, Montoux and WorkFusion competed with
111 applicants from 24 countries around the world to each win a JPY
10 million contract to work on a project with MetLife Japan.
“We are delighted by the continued enthusiasm for collab 2.0
across the global startup community,” said Zia Zaman, LumenLab CEO
and Chief Innovation Officer of MetLife Asia.
“Moneytree, Montoux and WorkFusion represent the best in
creativity and innovation, bringing fresh thinking to address the
evolving needs of our customers. We’re excited to see their
solutions implemented and to see what will come from many other
startup relationships established through collab 2.0.”
Collab 2.0, launched in August and aims to give innovators a
platform to address business challenges in areas like customer
engagement, sales, and operations.
Following a rigorous review process, six finalists - Concierge
U, Gnowbe, Moneytree, Montoux, TrustSphere, and WorkFusion - were
selected and paired with MetLife employees to help them further
hone their ideas.
The six finalists were invited to Tokyo this week to attend the
collab Summit Japan, which drew
industry experts from across Asia and world-class insurtech
entrepreneurs. The program culminated in a Demo Day where the
finalists pitched their ideas to a judging panel of senior MetLife
and LumenLab executives.
The finalist pitches showcased an exciting mix of ideas and
technological solutions ranging from artificial intelligence (AI)
and predictive analytics, to robotics process automation (RPA).
“For the past 150 years, MetLife has been at the forefront of
innovation. Thanks to LumenLab’s collab 2.0, we are continuing that
tradition by connecting with cutting-edge startups from around the
globe to develop new solutions that help people lead healthier and
more fulfilled lives,” said Sachin N. Shah, President and CEO,
MetLife Japan.
For more information on collab 2.0 and the finalists,
visit http://collab.lumenlab.sg/#finalists.
* Equates to approximately US$91,000 based on the FX rate of
1USD:JPY109.89 as of 4 August 2017
About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and
affiliates (“MetLife”), is one of the world’s leading financial
services companies, providing insurance, annuities, employee
benefits and asset management to help its individual and
institutional customers navigate their changing world. Founded in
1868, MetLife has operations in more than 40 countries and holds
leading market positions in the United States, Japan, Latin
America, Asia, Europe and the Middle East. For more information,
visit www.metlife.com.
About MetLife Japan
MetLife started operations in 1973 as the first foreign life
insurance company in Japan. Since then, it has provided an
innovative and broad range of products through diverse distribution
channels to individual and institutional customers. It currently
operates as a Japanese corporation, MetLife Insurance K.K. MetLife
is committed to providing trusted navigation to help people become
more self-reliant and able to pursue more from life. For more
information, visit http://www.metlife.co.jp/
About LumenLab
As MetLife's pioneers for disruptive innovation, LumenLab is
charging ahead to create new businesses in health, wealth and
retirement. Lumen, a measure of light, symbolizes our commitment to
illuminating a new path for solving the problems that the people of
Asia face today. Through our focus on building new products and
services grounded in technology and data, we aim to help people
achieve richer and more fulfilling lives. For more information,
visit www.lumenlab.sg
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version on businesswire.com: http://www.businesswire.com/news/home/20171208005224/en/
MetLife Asia and LumenLabYvette Marmur, +852 5716
8533Communicationsymarmur@metlife.com
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