Insurance giant MetLife to use Ethereum to revolutionize life insurance process claims

2019-6-21 22:30

New York-based insurance company, MetLife, is planning to revamp the life insurance claims process by utilizing Ethereum’s blockchain. MetLife’s Singapore-based incubator, LumenLab, is partnering with Singapore Press Holdings, a media group, and insurance cooperative, NTUC Income, to release a smart contract platform built on Ethereum called Lifechain.

MetLife has previously used blockchain technology and public ledger for a […]

The post Insurance giant MetLife to use Ethereum to revolutionize life insurance process claims appeared first on AMBCrypto.

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insurance metlife ethereum claims life process blockchain

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Metlife Chooses Ethereum Blockchain to Disrupt the $2.7 Trillion Life Insurance Industry

According to a Forbes article published on June 19, 2019, insurance giant Metlife is considering leveraging the Ethereum blockchain to disrupt the $2. 7 trillion life insurance industry. Simplifying Life Insurance The insurance industry is ill-reputed for its excessive paperwork and formalities that help move business operations along.

2019-6-21 23:00


MetLife, the world’s sixth-largest insurance company, using Ethereum to transform life insurance

MetLife, one of the globe’s largest providers of insurance, is using Ethereum to transform the life insurance claims process. Using Ethereum to transform life insurance LumenLab, MetLife’s Singapore-based incubator, is collaborating with media group Singapore Press Holdings and insurance cooperative NTUC Income to release “Lifechain,” a smart contract platform built on Ethereum, reported Forbes contributor […] The post MetLife, the world’s sixth-largest insurance company, using Ethereum to transform life insurance appeared first on CryptoSlate.

2019-6-20 10:15


LumenLab of MetLife Uses ‘Lifechain’ Blockchain for Life Insurance Claims Automation

As one of the top financial firms in the word, MetLife subsidiary MetLife Asia Innovation Center’s, LumenLab, is looking to “blockchainize” life insurance claims for bereaved families. The latest announcement from the company confirms they have partnered with NTUC Income, a Singapore based insurance firm and Singapore Press Holdings Ltd (SPH), a leading media organization […]

2019-6-20 00:04


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