Case study · Dai-ichi Life

One fund, every division.

Dai-ichi Life's best ideas were scattered across divisions and borders, with no shared way to back them. So we built one.

Teams collaborating at Dai-ichi Life's AI × Insurance hackathon
Sector Life insurance
Our role Innovation fund design & launch
Launched 2021 · live and scaling

Great ideas were everywhere. A way to fund them was nowhere.

The problem

Dai-ichi Life, a Tokyo-based insurer with a global footprint, wanted its divisions worldwide to innovate together — uniting skills and resources to tackle shared challenges with solutions that could scale.

But good ideas were trapped by geography and org charts. Someone with a promising concept in one division had no way to find backing — or collaborators — for an idea that might matter to the whole group.

The talent was never missing. The mechanism was.

What we did

Ninety partnered with Dai-ichi Life to design and launch a first-of-its-kind innovation fund — a platform, not a committee.

  • 01Opened it to everyone. Employees from any division could apply for seed funding to develop their ideas — no gatekeeping by rank or region.
  • 02Funded exploration. Seed capital let teams explore new technologies and tackle emerging social challenges together, across borders.
  • 03Built it to last. Designed as a repeatable platform Dai-ichi Life could run itself, year after year — not a one-off grant.

The outcome

The fund launched in 2021 and hasn't slowed since.

12+ initiatives backed so far — three of them already in market and generating revenue.

This cross-border collaboration has proven the tangible value of Dai-ichi Life's commitment to innovation — and, in its VP's words, the sky is the limit for what the fund can unlock.

In their words

The Innovation Fund has already had a significant impact on our organisation, and we believe the sky is the limit for the innovation it unlocks.

Dai-ichi Life

VP, Innovation, Dai-ichi Life Group

The takeaway

Fund the many, not the few.

Innovation stalls when backing depends on being in the right division or the right room. Dai-ichi Life opened seed funding to anyone with an idea — and turned scattered talent into a cross-border portfolio that pays its way.

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