KATHMANDU, Nov 18: LumenLab, MetLife's Singapore-based innovation center, has launched Collab -- a three-month program that supports 'product ready' start-ups.
Issuing a statement, Metlife said that Collab is the first and foremost a market place for start-ups to meet, share ideas and build solutions.
"Our goal is to tackle the real problems facing our customers and leverage technology to drive business efficiency," Zia Zaman, LumenLab CEO and Chief Innovation Officer of MetLife Asia, said in the statement.
According to the company, the program is now open for applications and is calling for innovative solutions in customer engagement, claims process, insurance business model and the sales process.
Collab will select eight start-ups from the global open application process and successful finalist will receive US$ 100,000 contract to implement a pilot within MetLife, according to the statement.
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