Max Life Insurance launches ‘Max Life Innovation Labs’, an accelerator programme to harness InsurTech solutions
Max Life Insurance Co. Ltd (“Max Life”/“Company”), one of country’s fastest growing life insurance companies, today announced the launch of its startup accelerator programme – Max Life Innovation Labs (“Programme”). Under the Programme, the life insurer will invite disruptive startups and out of the box thinkers to partner with them in creating futuristic tech-based solutions for Max Life in a rapidly advancing life insurance industry.
Programme Design
- Application: Online application deadline is 17th November 2019; evaluations to continue on a rolling basis
- Demo Day: Eligible shortlisted applicants to be called for a demo day in Gurgaon, Haryana to pitch/showcase ideas
- Final Selection: On the basis of stipulated parameters
- On-boarding: Upon selection, formal on-boarding process to begin with signing of MOUs, NDAs, etc.
- Initiation: Workshop by senior leadership, infrastructure support
- Solution development & testing
- Graduation from the programme: Once the solution is developed, and in alignment with Max Life’s needs, the startup will be nurtured/established as a partner for Max Life
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