After a successful first edition of Max Life Innovation Labs in 2019, Max Life Insurance Company Ltd. announced the launch of the second edition of its flagship insurtech accelerator program. With the launch of the second edition of Max Life Innovation Labs, the life insurer is inviting technology startups to build smart fintech and insurtech solutions for specific business challenges.
Conceptualised in partnership with Invest India – the national investment promotion & facilitation agency of India, which will host the programme on the Startup India Hub, the program will provide startups the opportunity to access knowledge, infrastructure, and support from Max Life to transform business processes through technology. Max Life plans to select startups to co-develop solutions in the areas of artificial intelligence/machine learning, smart underwriting, blockchain, health & wellness, intelligent data acquisition & advanced data analytics.