San Francisco and Tokyo – December 13, 2018 - Today, RocketSpace, a Silicon Valley-based external innovation consulting company, announced its partnership with The Dai-ichi Life Insurance Company, one of Japan’s largest life insurance providers. Leveraging RocketSpace’s leadership in open innovation, the two companies are focused on building innovative solutions to support Dai-ichi Life’s commitment to customer service excellence. This new partnership further strengthens Dai-ichi Life’s presence in Silicon Valley and its access to disruptive technologies and startups.
Japan’s population is living longer, creating unique needs that require a range of services. Emerging technologies like artificial intelligence, the Internet of Things, and robotics are creating new opportunities for forward-thinking industry leaders like Dai-ichi Life to expand how it can empower its millions of customers to lead a higher quality of life. By taking a proactive approach to exploring and testing disruptive technologies, Dai-ichi Life also creates opportunities to enter new markets and improve internal productivity, among other revenue-driving business benefits.
“Dai-ichi Life is taking a tech-driven approach to creating new business opportunities that support our customers’ quality of life,” said Shun Mitsuogi, Dai-ichi Life’s Chief Representative in Silicon Valley. “We chose RocketSpace as our innovation partner because of their results-driven methodology and extensive experience in helping large organizations accelerate their innovation initiatives.”
“Progressive organizations like Dai-ichi Life challenge themselves to innovate beyond their core business,” said Brad Strum, vice president of Corporate Services at RocketSpace. “Dai-ichi Life is taking a proactive approach to exploring emerging technology’s impact on the customer experience, and that is critical in anticipating the needs of Japan’s aging population.”
Into 2019, Dai-ichi Life and RocketSpace will explore multiple focus areas affecting Dai-ichi Life’s customer base through conceptualization and testing of new technology solutions.
RocketSpace is a global ecosystem of people and ideas that provides the necessary velocity — both speed and direction — to help the world’s top innovators bring the future to market. Founded in San Francisco in 2011, its global network of technology campuses and services are designed to help tech startups scale. RocketSpace also helps corporations fuel their continuous growth by tapping into its ecosystem of top startups from around the world. Learn more at rocketspace.com.
About Dai-ichi Life
The Dai-ichi Life Group is one of the world's largest life insurance groups with its life insurance business across seven countries in Japan, the Asia Pacific and North America regions. Since its founding in 1902, the Group has put customers first while demonstrating the spirit of innovation as needed as time shifts and society changes. In recent years, the Group has coined the term “InsTech” as a name for its initiatives to create innovation unique to the life insurance business from both the insurance and technology perspectives, as well as established the Dai-ichi Life Innovation Lab in Shibuya, Tokyo and Silicon Valley in 2018, to aim to work with agile process in small scale PoCs in order to create new values in the healthcare and the senior markets. Learn more at dai-ici-life-hd.com.