Connected Health by João Bocas

The Opportunity for New Business Models

Preventative Health using Connected Health Devices

Up to 262 million Connected Wearables by 2021

Source : Berg Insight

Implementation is underway

Health Engagement is complex…..

Insurers need to know their customers well !

What does that mean to innovate and explore….

…..new business models :

• Stepping into the unknown, and taking a risk with the reward in mind

• Doing something different, including organisational behaviors

• Must embrace ( ” failure “ ) learnings with an open mind

• Innovation is an iterative process ( POC , Internal Pilots, Selected groups / clients )

How Wearable Technology is impacting Insurance

• Personalised and targeted products for

Individual customer

• Better risk management

• Improve customer engagement and interest

• Enhanced Management and Insurance float

• Lower claims expenses and increase customer

loyalty

What Insurers should be looking for ?

• Partners that understanding Innovation

• Disruptors / Innovators that understand the Industry, but most importantly the challenges around Health engagement , sustainable implementation of connected technologies

• Mature Start Ups with proven concepts

• Those with expertise in connecting the Dots

What if it doesn’t work ?

Thank YOU, Merci, Gracias, Obrigado, Danke, Kiitos, Tack, Tak

joao@digitalsalutem.com@WearablesExpert

www.digitalsalutem.com