MetLife Xcelerator Hits 4.5 Million Active Consumers and Surpasses $200M in Premiums

MetLife announces the creation of a new regional business unit in Latin America by the name of MetLife Xcelerator, marking a significant milestone in the evolution of the MetLife Xcelerator platform and execution of the company’s New Frontier strategy. Designed to lead the transformation of embedded insurance and democratize access to financial protection, the MetLife Xcelerator platform, launched in November 2023, is redefining the insurance ecosystem by using advanced technology and an agile model to connect millions of people to more accessible, personalized insurance solutions.

Source: Businesswire

“MetLife Xcelerator is a unique, innovative platform that operates with the speed and agility of a startup while leveraging MetLife’s global scale and expertise,” commented Naomi Johnson, MetLife Latin America’s Head of Strategy and Transformation. “We made investments in technology and the team to innovate at speed, ensuring seamless integration for our partners and creating a new standard for embedded insurance in the region.”

MetLife Xcelerator boosts customer loyalty and satisfaction by providing a best-in-class customer experience while offering business partners a competitive edge through a simple, flexible, and fully customizable integration of embedded insurance solutions into their offerings. As Eric Clurfain, MetLife Latin America’s Regional President, noted, “MetLife Xcelerator accelerated our growth in Brazil, and we’re now very excited to deploy and scale these capabilities across the region and beyond.”

With the New Frontier strategy as its foundation, MetLife Xcelerator represents not only a growth engine for the company and its partners but also a powerful example of how innovation can close financial protection gaps and drive equitable outcomes in a region with tremendous growth potential. “We are redefining how people access insurance,” said Javier Cabello, recently appointed as head of MetLife Xcelerator in Latin America. “With a fully digital approach that is faster, more accessible, and personalized, we are bringing financial protection to millions of people and setting a new standard for embedded insurance in the region.”

Read the full article: https://www.businesswire.com/news/home/20250319048870/en/MetLife-Xcelerator-Hits-4.5-Million-Active-Consumers-and-Surpasses-%24200M-in-Premiums

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