As the Global Insurance Accelerator begins its fourth class this month in Des Moines, New York-based MetLife has announced the launch of its own insurtech accelerator. The company will host the MetLife Digital Accelerator on its technology campus in Cary, N.C., Digital Insurance reported. The 13-week program, created in partnership with global entrepreneurial network Techstars, follows the life insurer’s earlier efforts to bring an accelerator to Singapore in November 2016. MetLife also announced a new venture capital fund, MetLife Digital Ventures, which like the accelerator will fall under the umbrella of MetLife’s chief digital office. The venture capital arm is initially backed by a $100 million co-investment fund, the company said. Applications for the MetLife Digital Accelerator are now being accepted here.
