Max Life to extend accelerator programme

Max Life Insurance is reportedly looking to expand its InsurTech accelerator programme to include new challenges.

The company will look to support innovation around issues involving speech recognition, document parsing, medical tests, and integrated financial views for customers, according to a report from the Economic Times.

Max Life Innovation Labs’ is an accelerator designed to help the life insurance industry in India take advantage of technology developments. Aside from the new areas of focus, the programme supports ideas in health and wellness, intelligent data acquisition, personal finance and retirement planning, and smart hiring and more.

Applications for the latest cohort need to be made by November 17 and once several of the applicants have been shortlisted, they will be welcomed to a demo day. Successful participants will then be accepted into the programme where they can benefit from solution roadmap planning, workshops, and additional support.

Last month, international law firm Ashurst revealed a new accelerator programme which aims to boost FinTech leaders’ understanding of legalities in the sector.

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