Global insurer MetLife has acquired a 20% stake in insurtech Klimber, a partnership that aims to transform how insurance is accessed and distributed throughout Latin America. The insurtech’s platform allows its partners in the banking, retail, fintech, and e-commerce sectors to easily integrate and sell insurance products. Its proprietary technology, which uses data and artificial intelligence, aims to simplify the entire insurance process, from underwriting to customer experience. “We founded Klimber with the mission of making insurance simple, scalable, and accessible through the use of data and artificial intelligence,” said Julián Bersano, Klimber Global CEO. Adding: “Today, seeing more than 13.9 million people protected and nearly $300 million in managed premiums is concrete proof of that vision.