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To help our clients create digital solutions, we collaborate with partners from around the world, with offerings that modernize, digitize, and innovate across the insurance value chain.
Vastmindz is a healthtech platform company developing software that provides non-invasive diagnostics. The technology gathers vital signs via any device with an embedded camera, including a smartphone, with high levels of accuracy. The vital signs collected include heart rate, respiratory rate and blood pressure. Vastmindz technology collects physiological data through a 60 to 90-second video; the assessment data can be used to supplement or reduce application form questions, provide medical evidence, and could reduce costs and delays while increasing the accuracy of disclosure. Vastmindz was named 2022 Microsoft for Start-ups ”Partner of the Year” for ”Business Excellence.”
Thrive Mental Wellbeing is a mental health assessment and therapeutic all-in-one, app-based service built to mirror UK NHS clinical guidelines for diagnosis and treatment of mental health conditions such as depression and anxiety. It provides an evidence-based, clinically effective approach.
The app can be used to evaluate risk factors and effectively signpost, triage, and treat individuals. Thrive Mental Wellbeing helps prevent mental health problems occurring, mitigates symptoms, and reduces recovery times. The app includes computerised cognitive behavioural therapy, and clinically approved relaxation sessions such as Calm Breathing, Meditation, and Deep Muscle Relaxation.
We are working with multiple large insurtechs in the accelerated underwriting space. These insurtechs are developing new tools by leveraging health, credit, and other data that can assess mortality risk.
In collaboration with these companies, as well as with insurance carriers, we are evaluating these tools to help the carriers reduce underwriting time and effort, and increase throughput of applications while at the same time minimizing mortality slippage.
What's new in the digital solutions world?
Having a finger on the pulse of the trends affecting the insurance industry is another way we help our clients stay ahead of the curve. We share our knowledge and global experience with innovations in client onboarding, underwriting, and risk assessment as well as post-policy issue engagement.
For further information please contact Sarah Salem or Pinar Darici.
