Zurich launches digital health proposition to Europe
Switzerland-based has the launch of its digital solution, LiveWell in Europe, starting with Spain. Livewell offers life insurance with premium reductions for embracing a healthy lifestyle and on-demand wellness advice. After successfully launching similar products in Australia and Asia Pacific, Zurich certifies its aim to bring clear and innovative services and solutions to a rather bland and traditional insurance market.
“With the LiveWell proposition, we are positioning the customer in the centre of their health and wellbeing journey through unique offerings,” said Helene Westerlind, CEO of Zurich WellCare.
“Launching LiveWell in Spain is another step towards providing comprehensive, personalised and data-driven services to all our customers in EMEA. The propositions’ proven appeal makes clear that customers are embracing the benefits of this digital lifestyle service and coverage.”
LiveWell allows customers to log physical activity from wearable fitness devices and provides valuable information and insights into supporting good mental and physical health as well as preventing illness. Through uploading and engaging in healthy activities, Zurich offers discounts on life insurance premiums. Rewards are also earned through community involvement such as taking part in a charity marathon.
“We want to empower our customers to take action to improve their physical and mental wellbeing while offering comprehensive life protection that provides additional support and peace of mind,” said Westerlind.
“Our WellCare program combines these two elements in a digital format, giving consumers access to specialised health services and coaching through their mobile devices. It’s the breadth of the program that makes our WellCare proposition stand out from other offerings in the life insurance market.”
Zurich’s dedicated WellCare business was created in July 2020, with the prevention of ill-health being a key strategy. The goal of WellCare is to globally step up the scaling of existing wellbeing and health solutions, highlighting Zurich’s efforts to improve its customers’ general health and quality of life.
Tribe and APOLLO announce national insurance campaign
Tribe Property Technologies in partnership with APOLLO insurance has announced a national insurance campaign to digitise insurance for condominium owners, renters, landlords, and developers across Canada. The aim of the campaign is to make insurance access easier and faster for owners while improving the coverage and protection of condominiums and rental buildings.
According to several surveys, nearly half of 4.5mn rented houses in Canada do not have tenant insurance protection, meaning those individuals and their families are put at risk of fire and water damage.
What does the national insurance campaign include?
According to Tribe, the company is working with APOLLO to ensure that this type of insurance is easier to access. It aims to achieve this by introducing a direct connection to APOLLO's insurance technology from both Tribe's strata and condo management platform and rental software to allow for increased education and awareness for owners into insurance risks and options.
It also includes the future ability for notifications for mid-term cancellations, and plans to offer protection from potential strata/condo corporation deductibles, Tribe said.
"We are excited to partner with APOLLO to bring accessibility, visibility, and education around insurance options to our communities and reflect the current lifestyle expectations of condo owners and residents while protecting the value of their biggest assets", said Joseph Nakhla, Chief Executive Officer of Tribe.
Nakhla added: “This agreement with APOLLO is just the first step under our Digital Services & Partnerships revenue pillar. We will continue to layer on services to drive revenue for Tribe, and bring convenience and savings for our users, with the goal of being able to offer a one-stop-shop to our development partners and the over 100,000 residents in Tribe-managed communities”.
APOLLO uses technology as a channel between insurance brokers, carriers, and their mutual clients, offering insurance options from multiple companies on one integrated online platform.
"We like that Tribe is taking a fresh approach to condo living and building smart homes through tech-enabled service, and an integration with their Community Platform supports our goals of making insurance more accessible and supporting the needs of communities”, said Jeff McCann, Chief Executive Officer of Apollo.