MetLife Selects Lucep as Winner of collab 3.0 EMEA
July 13 2018 - 12:11AM
Business Wire
A record 148 insurtech start-ups from 32
countries competed for the USD $100,000 contract
MetLife has announced Lucep as the winner of its collab 3.0 EMEA
programme, which offered insurtech innovators the chance to win a
USD $100,000 contract to pilot their solutions with MetLife.
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(L-R) Zia Zaman, LumenLab CEO and Chief
Innovation Officer of MetLife, Asia; Françoise Lamotte, Head of
Direct and Digital, MetLife EMEA; Zal Dastur, COO & Co-founder,
Lucep; Kaiesh Vohra, CEO & Co-founder, Lucep; Eric Clurfain,
Head of MetLife EMEA (Photo: Business Wire)
A record 148 start-ups from 32 countries applied for the
programme, run by LumenLab, MetLife Asia’s Singapore-based
innovation centre, designed to support them in scaling their
business with MetLife while helping to solve some of the insurer’s
biggest innovation challenges across its business in Europe, the
Middle East, and Africa (EMEA).
Singapore-based Lucep was selected as the winner following
yesterday’s Demo Day, the finale of the programme, through a
rigorous judging process. Lucep is an omni-channel engagement
system that generates leads from digital channels and directs them
to the best agents available to respond to the call, providing the
agent with analytics and data on the prospect to help convert them
to a customer.
Prior to Demo Day, the eight finalists were invited to collab
Summit EMEA which hosted industry experts, world-class
entrepreneurs, and venture capitalists in Canary Wharf, London,
with a series of keynote speeches plus panel discussions on ‘The
Future Insurer’ and the ‘Innovation Ecosystem’. The collab
finalists also included Anorak, Kasko, The ID Co., and CUBE from
the UK plus US firms DataRobot and Eltropy as well as TrustSphere
from Singapore.
Zia Zaman, LumenLab’s CEO and Chief Innovation Officer of
MetLife Asia said: “The record participation in collab 3.0 EMEA
highlights the growth of the global insurtech
sector and the high calibre of applicants made it very difficult to
select an overall winner.”
“Congratulations to Lucep. We look forward to working with them,
and possibly other finalists, as we continue to transform the
insurance industry and the way we interact with our customers
through innovation.”
Eric Clurfain, Head of MetLife EMEA added: “The collab
3.0 EMEA programme has seen insurtech innovators, supported by our
employee champions, tackle real challenges facing MetLife today. We
are looking forward to partnering with Lucep to develop this
exciting solution further to drive value for our business and
enhance the experience for our customers.”
collab 3.0 EMEA, launched in March 2018 and is LumenLab’s third
iteration of the ‘collab’ open innovation programme which aims to
globally engage insurtech startups and offer them a fast-track
opportunity to scale their businesses with MetLife.
During the collab programme, the eight finalists were supported
in developing their solutions and enhancing their understanding of
MetLife’s business by ‘employee champions’, putting into practice
the company’s commitment to talent development and promoting a
culture of innovation.
To date, MetLife has awarded more than USD $500,000 worth of
contracts through collab in Asia that have helped develop practical
solutions delivering value to MetLife’s business and customers.
For more information on collab 3.0 EMEA and the eight finalists,
visit: http://collab.lumenlab.sg/
- ENDS -
About MetLife
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 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, symbolises 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: https://www.businesswire.com/news/home/20180712005937/en/
MetLife EMEA:Jo Riddell jriddell@metlife.com +44(0)7557
286265Jonathan Bunn jbunn@metlife.com +44 (0) 7557
161018orMetLife AsiaYvette Marmur ymarmur@metlife.com
+852 5716 8533
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