“I believe that innovation is an important part of the future of the life insurance industry. The time is ripe for innovation,” said the self-professed innovation evangelist. The next major step will involve partnering with telecommunications companies to provide a package that bundles together telecommunications and insurance. Zaman said MetLife is working on a serious partnership with a major telecommunications company in Bangladesh to bring the idea to market soon. Developing such new approaches to the insurance market is at the heart of Lumenlab’s work and its ethos of innovation, Zaman said.

Source: bd News24 October 08, 2017 15:45 UTC