Digital Fineprint, an InsurTech startup that notably harnesses social media to supercharge insurers online propositions, announced on Mond ay it has become one of eight InsurTech companies in the global to take part in MetLife’s Collab Partnership. The London-based company revealed it was selected out of 135 competing applicants from 34 countries and, with this partnership, will be expanding into Asia.
While sharing details about the Asia expansion, Erik Abrahamsson, CEO and founder of Digital Fineprint, stated:
“The Asian market is a crucial component in our strategy. High levels of digital, social penetration and mobile usage represent a truly fertile ground for a firm like ours. A combination of a thriving insurance market, a youthful demographic and a highly dynamic business environment makes Asia a great fit for our services.”
The news about MetLife’s partnership comes just as Digital Fineprint was accepted into Accenture’ LondonFintech Innovation Lab and completed a seed funding round. CTO of Digital Fineprint, Jin Chen, added:
“After proving our technology in Europe, we are now ready to go international, and Asia is a logical next step. MetLife, being an innovative and leading force in the market, is the perfect partner for us and we couldn’t be more excited.”