Life/Health Insurance

Chronic conditions, including diabetes, hypertension, heart disease, and cancer, represent some of the most common and costly health issues worldwide, particularly when not properly managed. These conditions often require ongoing medical care, frequent hospital visits, and extensive treatments, which leads to soaring healthcare costs. Without the proper support and care, patients often fail to manage their conditions effectively, increasing preventable hospital admissions and emergency room visits. This cycle of poor health outcomes not only impacts patients, but also significantly raises healthcare expenses for insurers.

Cytora, a leading digital risk processing platform provider, has announced a new partnership with GeoSmart Information to respond to the growing challenges posed by climate change.

Luz Saúde, one of Portugal’s largest private healthcare providers, has teamed up with Habit, a prominent InsurTech startup with expertise in digital insurance and telecommunications, to launch a new health service called LUZ ON PRIME.

Cresso Health, an emerging InsurTech firm specialising in sales and marketing solutions for health insurance carriers, has officially launched its operations in the United States.

Despite the U.S. leading the world in per capita spending on maternity care, it paradoxically has some of the highest rates of adverse pregnancy outcomes among high-income nations. The CDC reports that maternal mortality is on the rise, with nearly 84% of pregnancy-related deaths considered preventable. The U.S. Department of Health and Human Services (HHS) suggests that comprehensive care navigation models could significantly reduce maternal morbidity and mortality rates by up to 50% and 20%, respectively, highlighting the crucial need for innovative approaches such as digital care navigation for expectant mothers.

Handling health and lifestyle data involves several intricate challenges, primarily due to the sensitive nature of the information. Ensuring privacy is a top priority, and securing consent for data use can be complex, especially if not addressed early in the process. This often restricts analysis to internal use only, limiting the involvement of external experts and increasing the risk of bias due to broad consent requirements.

Guidehealth, a burgeoning HealthTech company, has announced a successful seed funding round, raising $14m.

Renaissance Life & Health Insurance Company of America is enhancing its group insurance offerings with an innovative supplemental health solution.

iPipeline, a leading provider of digital solutions for the life insurance and wealth management industries, has announced the appointment of Steve Cover as Chief Technology Officer (CTO).

Hive Health, a pioneering digital health insurer based in the Philippines, has completed a $6.5m Pre-Series A funding round, supported by an impressive consortium of global and local investors.