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News that IBM is working with MetLife and Majesco on a cloud-based insurance platform is proof that collaboration is the name of the game in InsurTech. (Photo: iStock)

IMB recently announced that it’s collaborating with MetLife and Majesco on a cloud-based insurance platform. The IBM Insurance Platform will feature cognitive computing, data analytics and integration and security capabilities designed to help insurers expand access to their products and capture new customers. “Carriers will be able to inject greater innovation and speed into their operating models, and consumers will experience a broader range of products tailored to their individual needs,” Bridget van Kralingen, senior vice president of IBM Industry Platforms, said in a press release.

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