Insurance and technology: Creating new standards in health insurance
Artificial intelligence (AI) is about to revolutionise the insurance landscape. AI in health monitoring will change how insurers and customers approach health insurance, and allow for new products on the market, reaching new standards in insurance provision.
Life and health insurance providers are invested in the healthiness of customers. The healthier customers are, the less an insurer has to pay out for treatment. A health assessment application allows customers to monitor their health at home and feed that information to the insurance provider informing their insurance products.
Our technology brings health monitoring to customers’ homes, allowing insurers to accurately forecast their health trajectory. Insurers can use this information to improve plans, and create incentives for improved health. Customers will become more self aware about their health, and be able to track progress and impacts of incentives and lifestyle changes.
Increase customer satisfaction and attract new customers with a health assessment application. Discover how AI can transform your insurance business.
Predict the future and improve health insurance cover
Our advanced machine learning algorithms track health trajectories allowing insurance companies to forecast the probabilities of claim events. Our technology also provides early warning and notification of changes in risk of a claim event. Every customer is different, our algorithm is able to create an accurate risk profile for each and every one.
Our technology measures vital signs including heart rate, blood pressure, respiration rate, and oxygen saturation levels, all through a smartphone camera. These vital signs provide an overall health assessment for each individual. Continuous monitoring allows you to measure change, and identify the risk of claim events.
How AI improves insurance
Our advanced machine learning algorithms track health trajectories allowing insurance companies to forecast the probabilities of claim events. Our technology also provides early warning and notification of changes in risk of a claim event. Every customer is different, our algorithm is able to create an accurate risk profile for each and every one.
Our technology measures vital signs including heart rate, blood pressure, respiration rate, and oxygen saturation levels, all through a smartphone camera. These vital signs provide an overall health assessment for each individual. Continuous monitoring allows you to measure change, and identify the risk of claim events.
Transform insurance with AI
Improve Onboarding
Improve the flow for new customers with quick evaluation based on real time capture of vital signs information.
Regular Health Monitoring
Update customer information regularly, and see how they are progressing. Receive automated alerts for changes in health.
Predict Health Outcomes
Predict individual health outcomes using our algorithm, which is based on real data captured over time.
Improve Health
Use changes in vital signs data to diagnose illness sooner, improving outcomes, and preventing poor health.
Reduce Premiums
Improve the flexibility of insurance plans with plans that can be adjusted based on the changing health profiles of your customers.
Incentivise Better Health
Promote healthy programmes and activities and link health improvement to premiums incentivising customers to take control of their own health and wellbeing.
