SPH, NTUC Income and LumenLab Leverage Blockchain to Automate the Verification Process for Life Insurance Claims for Bereaved Families
MetLife, Inc. (MET)
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Source: Business Wire
SINGAPORE--(BUSINESS WIRE)-- Singapore Press Holdings (SPH), NTUC Income (Income) and LumenLab, MetLife’s Asia innovation centre, are embarking on an industry-first collaboration to simplify life insurance claims for bereaved families. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190617005372/en/ (L-R): CEO LumenLab Zia Zaman; SPH Chief of Digital Business Julian Tan; NTUC Income Chief Operating Officer Peter Tay, at SPH News Centre on June 10, 2019. Singapore Press Holdings (SPH), NTUC Income (Income) and LumenLab, MetLife's Asia innovation centre, are embarking on an industry-first collaboration to simplify the life insurance claims process for bereaved families. When a death occurs, placing an obituary is one of the first tasks handled by family members, while more involved tasks like discovering if the deceased has valid life insurance policies and making claims are put on the backburner. Since
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