The insurance group launched strategic investment vehicle MetLife Digital Ventures alongside an accelerator partnership with Techstars.

Insurance group MetLife has launched a co-investment arm called MetLife Digital Ventures backed by a $100m co-investment fund that will make direct investments in strategically relevant startups.

MetLife Digital Ventures was launched alongside MetLife Digital Accelerator powered by Techstars, a 13-week insurance technology initiative formed in partnership with accelerator partnership with accelerator operator Techstars.

Up to 10 early-stage startups will each receive $120,000 in funding from MetLife Digital Accelerator and access to Techstars’ mentor network and connections from the insurance…