Yesterday at Consensus 2018, MetLife’s LumenLabs showed a demo of a new parametric insurance app. The Vitana product offers gestational diabetes insurance to expecting mothers in Singapore. Vitana is about to launch in a pilot phase.
In Singapore, healthcare insurance works differently to elsewhere. If someone has coverage, he or she will personally pay for medical care and claim it back later from the insurer.
Novel features – parametric and more
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