Manulife’s Labs of Forward Thinking are doubling down on emerging technologies—such as artificial intelligence, blockchain and augmented reality—in search of “Uber ideas” for the financial services industry.

The LOFTs, based in Boston, Toronto and Singapore, work as a collective network and are duplicates of each other, serving three business purposes, according to the insurer. Each takes on the “fast-fail” strategy, to help startups identify the best ideas quickly through expedited three-month development sprints.

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