Delta Dental Invests in Startup to Support Healthy Lifestyles Through Partnership with LEAP’s PROPTO InsurTech program
Delta Dental of
The startup, LVLFi, is based in
Delta Dental's pilot of LVLFi is slated to begin with select employees in 2020, with an organization-wide launch envisioned for 2021.
"Innovation is a priority for us now and in years to come," said
LVLFi leverages the science of gamification (the process of adding games or gamelike elements to something so as to encourage participation) and behavioral economics through mobile apps and games for the insurance industry, aiming to lower claim rates and costs for health and life insurers. For Delta Dental of
LVLFi was selected as one of three international high-tech startups to join the first PROTO InsurTech cohort in
"It's great to be able to partner with a such a forward-thinking and innovative insurer like Delta Dental that understands the importance of keeping their employees healthy and happy while also embracing emerging data-driven products like LVLFi," Devoto said.
In the
"These pilots are further proof that our local insurers are ready to innovate and are open to bringing new solutions to their insured populations," said
In its first year, PROTO InsurTech, supported by Delta Dental of
Insurance carriers across the state are invited to invest in PROTO InsurTech. Applications closed this week for the next PROTO InsurTech cohort, which will begin in
About LEAP
The
About PROTO Accelerator
PROTO Accelerator is a startup accelerator that provides physical product and insurtech startups with financing and a wide range of programming helping them bring their ideas to market. PROTO Accelerator is a subsidiary of the
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SOURCE Delta Dental of
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