Digital ins. platform launches for China’s elderly
Thursday, 07 12 2018, Category: Technology, Country: China
HiNounou Intelligent Robot (Shanghai) Company Ltd has launched an insurance-as-a-service platform aimed at China’s senior citizens, regardless of medical history.
The platform was jointly developed with AXA Partners China and PingAn Insurance, and harnesses artificial intelligence (AI), blockchain, and the Internet of Things (IoT).
According to HiNounou, there are around 200 million elderly people in China, and most of them do not have private insurance, which leads to a significant financial strain on their families as they pay around half of medical expenses out-of-pocket.
Source: Insurance Business