MetLife launches Digital Ventures, Digital Accelerator
MetLife announced the launch of two InsurTech investment programs for start-up companies: MetLife Digital Ventures and MetLife Digital Accelerator powered by Techstars. Both programs will be led under the umbrella of MetLife's Chief Digital Office. Backed by a $100M co-investment fund, MetLife Digital Ventures accelerates MetLife's transformation through direct investment in strategically aligned start-up companies that can bring new forms of value to MetLife's customersThe MetLife Digital Accelerator powered by Techstars is a first-of-its-kind program that identifies and mentors startups around the globe that are developing industry-disrupting technologies in the insurance space. Startups selected will be hosted at MetLife's Global Technology Campus in Cary, North Carolina, for an intensive 13-week program focused on the development and acceleration of transformational ideas.