Three months ago Ledger Insights
wrote in detail about MetLife’s Singapore-based product
Vitana. One in five expectant mothers in Singapore experience gestational diabetes. MetLife’s Vitana product automatically triggers a payout as soon as a diagnosis is made. The product is now in the pilot phase.
Using a mobile app, pregnant mothers buy insurance cover for up to SGD 2,500 if they are diagnosed.
The project involved Vault Dragon who integrated electronic health records with the OB-GYN clinics. Cognizant provided the blockchain expertise and Swiss Re provided reinsurance and product input. The pilot is run within the Monetary Authority of Singapore’s sandbox.
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