METLIFE RECOGNIZED IN FORBES’ INAUGURAL BLOCKCHAIN 50 LIST
List highlights companies that are embracing technology to drive business success
Dhaka, May 06, 2019
MetLife has been named in Forbes’ inaugural Blockchain 50 List, the first-ever ranking of the top 50 organizations that are leading the pack in regard to adapting decentralized ledgers to their business.
MetLife was recognized for its Vitana experiment, which was launched in Singapore last August by LumenLab, MetLife’s Asia innovation center. Vitana is the world’s first, automated insurance solution using blockchain technology to offer pregnant women financial protection in case of gestational diabetes– a condition affecting up to one in five expectant mothers in Singapore.
Globally, MetLife is committed to bring innovative solutions for customers, and build new products and services to help people achieve more fulfilling lives.
In addition to Singapore, MetLife has also established a robust innovation program in Bangladesh. MetLife Bangladesh has recently launched a project titled “Misir Guru” to help educate and raise awareness of insurance among the people of Bangladesh.
For additional information about the 2019 Blockchain 50 List, please visit: Blockchain’s Billion Dollar Babies
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.
MetLife’s story in Asia can be traced back to Bangladesh when operations first began in 1952. Currently MetLife Bangladesh is the largest life insurer in the country. It serves over a million customers and is a major employer in Bangladesh with about 16,000 field force and employees.
To learn more, please visit: www.metlife.com.bd
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, symbolizes 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 http://www.lumenlab.sg