Joel Albarella, Senior Vice President and head of New York Life Ventures, was recently featured in an Insurance Innovation Reporter podcast titled "LifeTech vs InsurTech with Joel Albarella of New York Life Ventures" where he explains the differences between FinTech, InsurTech, and LifeTech, an ecosystem of start-ups identified by the New York Life Ventures team that deliver value propositions with significant relevancy to the life insurance industry.
During the interview, Joel notes the strong innovation track record of New York Life in being the first life insurer to launch a corporate venture capital arm and the team's success in building connections back into the business via the LifeTech lens.
In closing, Joel notes that New York Life will continue to innovate and operate in the best interests of policy owners and agents.
Listen to the entire podcast here (free registration required).
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