Technology

Australia & New Zealand

Zurich updates life insurance mobile app. Independent Financial Adviser, April 19, 2017.

ZLife is a new app with push notification capability that can be personalized to advisers’ individual needs. Advisers now can access clients’ up-to-date information immediately. ZLife Mobile is intuitive, user-friendly, and offers VIP tagging.

Germany

Mobile bank N26 expands into digital insurance. Mobile World Live, June 26, 2017.

European Mobile Bank N26 will partner with Clark, an insurance tech firm, to offer its customers a fully digitalized service.

Hong Kong

Prenetics launches ONEdna in partnership with HSBC Insurance Hong Kong.  PR Newswire, April 12, 2017.

ONEdna is a DNA screening test service that provides an analysis of an individual genes paired with actionable health measures. ONEdna is embedded in six of HSBC’s protection plans.

India

“vHealth by Aetna” will help reduce the need for hospital visits. Business Standard, May 18, 2017.

“vHealth by Aetna” is a new service enabling virtual consultations online with in-house primary doctors. In India the cost of an annual subscription for a family of four to this service will be Rs. 2400, providing unlimited primary care consultations, treatment of minor illnesses, and more.

Aster DM Healthcare launches “Aster Emergency” app for real-time interface. DNA India, May 25, 2017.

The Aster Emergency App will offer real-time basic life support help in case of an emergency, bringing help to patients in the critical time before emergency responders arrive.

HDFC Life brings India's first AI-based insurance email bot SPOK. ETCIO.com, May 22, 2017.

SPOK, the AI-based email bot, claims to be the first in India to be able to respond to customers’ emails by being able to read, understand, categorize, prioritize, and respond.

Italy

Neosurance graduated at the Plug&Play Accelerator in Silicon Valley and announced a partnership with Axa. Broadband4Europe, June 8, 2017.

Neosurance announced a partnership with AXA to launch the first push instant insurance product, starting with the launch in the Italian market of travel insurance coverage that can be purchased in ten seconds.

Japan

Daido Life launches Hybrid-Assisted Limb (HAL) plus rider. Press release, July 3, 2017. (Text in Japanese)

The HAL plus Rider is the world’s first insurance product which offers coverage for rare neuromuscular diseases using HAL, a robotic medical device. The rider is available with “M type” medical insurance, without additional premium.

Bitcoin-accepting retailers will gain insurance in Japan. Cryptocoins News, June 30, 2017.

BitFlyer is partnering with Mitsui Sumitomo Insurance to offer a product that provides compensation to retailers for failed transactions using the virtual currency.

Kenya

CIC Life Insurance introduces premium payments via mobile airtime. Capital Business, April 6, 2017.

“CIC Bima Credo” allows customers to purchase or renew life insurance by loading airtime onto their mobile phones. Currently available to Safaricom subscribers, a portion of the loaded airtime goes towards paying the life insurance premiums.

Mexico

HIR Seguros launches Traveler 99 app. Esmerk Latin American News, April 12, 2017.  (Text in Spanish)

The Traveler 99 mobile app offers accident and death insurance for travelers that can be purchased on both, Google Play and App Store. The product offers coverage of up to MXN 50,000 for hospitalization in case of an accident and up to MXN 149,999 in the event of unexpected death.

South Africa

FNB offers life cover on digital platforms. BizNis Africa, April 18, 2017.

Customers can now manage their life insurance through the FNB Banking App and Online Banking.

By selecting the insurance option, answering a few medical questions, and accepting the quoted terms, customers can gain coverage within a few minutes.

United Kingdom

AIG teams with IBM to use blockchain for 'smart' insurance policy. Reuters, June 14, 2017.

The pilot of a smart contract multi-national policy for Standard Chartered Bank is the first of its kind to use blockchain digital ledger technology.

Aviva to launch health app in partnership with tech company Tictrac. Life Insurance International, May 16, 2017.

The Aviva Wellbeing app will help customers track and improve their overall health and well-being.

U.K. fintech provider Certua to launch robo-life insurer in 2017. Life Insurance International, April 26, 2017.

Certua's robo-life insurance service aims to identify risk exposure throughout an individual’s life span, creating products and services that can auto-adjust based on customer need.  It will be Certua’s first offering.

British Friendly launches 'Mutual Benefits' app. The Right Mortgage, April 20, 2017.

The mutual benefits app includes Square Health services, which allow members to receive help and support by medical specialists and healthcare professionals through a mobile app. British Friendly members receive 100 Health Support Points valid through mid-February 2018 to use on a variety of services, including virtual GP consultations, physiotherapy, counseling, and second-opinion services.

Employee benefits portal, ViaNabo, launched for SMEs by The Health Insurance Group. Press release, April 19, 2017.

ViaNabo is an employee benefits portal designed to help companies with 20-500 staff members. The system consists of four modules: The primary employee benefits and engagement module, the ViaNabo Core, costs £6 annually per user.

United States

Your selfies could be used to buy life insurance in just 10 minutes with new disease-spotting AI software. DailyMail.com, April 20, 2017.

Chronos is a new technology developed by Lapetus Solutions, Inc. which uses facial analytics to estimate life expectancy. The technology will enable people to buy life insurance online in a few minutes, without a medical exam.

Pega Intelligent Virtual Assistant takes bots to a level of dynamic engagement. Insurance Innovation Reporter, April 19, 2017.

Pegasystems announced the launch of Pega Intelligent Virtual Assistant, part of its Pega Platform. The Pega Virtual Assistant has the ability to anticipate people’s needs, make helpful suggestions, and complete complex tasks.

eWellness Healthcare Corporation plans the launch of new telehealth platforms and applications. MarketWired, April 18, 2017.

eWellness Healthcare introduced various new telehealth platforms such as patient-, physician-, and physical therapy-centric platforms and mobile apps.

Savings Bank Life Insurance Company of Massachusetts (SBLI) teams with LegacyShield to offer a legacy planning customer platform. BusinessWire, April 3, 2017.

LegacyShield is a state-of-the-art legacy planning platform. Its intuitive design helps customers organize valuable documents, financial information, photos, videos, stories, and final wishes in one secure location.

Ladder makes life insurance dynamic. PR Newswire, April 20, 2017.

Ladder now offers a self-service dashboard for consumers buying life coverage online. Customers can secure their coverage within minutes, and can also decrease their coverage whenever they choose to match their current needs.

Vital Data Technology announces launch of MyVitalData Mobile app. BusinessWire, May 1, 2017.

The MyVitalData Mobile app was launched with a large health plan serving Medicaid members in Texas. The app allows the health plan to extend Vital Affinity, Vital Data Technology’s care coordination program, directly to Medicaid members. It provides members and their dependents timely, secure, and reliable access to important health information.