Sumitomo Life Announces a PoC With VYMO

Sumitomo Life Insurance Company and ABeam Consulting will conduct proof-of-concept (PoC) research on a new smartphone application with VYMO, a startup whose Asia-Pacific hub is located in Singapore.

VYMO’s solution utilizes locational information from GPS to realize efficient sales activities of corporate sales representatives. It also increases productivity of marketing through centralized management of information on client companies and sales activities. In addition, VYMO’s solution offers a function which suggests the most suitable sales route and action using artificial intelligence (AI) technology which is planned to be verified in view of implementation in the future.

VYMO has been adopted by various global insurance companies in Singapore and Sumitomo Life is the first in Japanto execute PoC with VYMO. VYMO’s Japanese partner ABeam Consulting, which has a wealth of consulting experience in the insurance industry will support the implementation process.

About Sumitomo Life Digital Innovation Labs

In April 2018, Sumitomo Life opened Sumitomo Life Digital Innovation Labs in Tokyo and Silicon Valley as hubs to accelerate innovation of businesses and offer services in the era of digital transformation. In the U.S., they have been collaborating with their wholly owned subsidiary Symetra to accelerate network building in the region. Going forward, Sumitomo Life continues to aim creation of innovative businesses and services by collecting the latest technologies and swiftly executing PoCs.