Product Trends

WELLNESS

MLC Life Insurance Launches Vivo Incentive to Reward Healthier Lives. Press release, June 8, 2022.

MLC Life Insurance is offering a discount on lump sum covers for new retail customers who have a Body Mass Index (BMI) within a specified range. Vivo Incentive offers eligible customers a lifetime discount of 7.5 percent on their annual premiums for lump sum covers including Life cover, TPD, and critical illness.

wellteq Digital Health Inc. Announces Health Insurer Partner to Extend the wellteq Digital Health Solution to All Australians. Press release, April 21, 2022.

niB launches Green Pass membership which enables non-private health insurance members to access several different benefit pathways. From personalised health plans, discounts on health and wellness services, to rewards for reaching health goals through their well with nib app, the preferred partners include Garmin, Fitbit, and Apple.

Lisa Seguros and Wellat Launch a Wellness and Insurance Platform. Pyme Seguros, April 1, 2022.

The companies Wellat Technologies and Lisa Seguros Inteligentes have joined forces in the creation of a new joint venture to design a new Wellness and Insurance platform. (Text in Spanish)

Wellx – UAE's first-of-its kind insurance platform. Menafn.com, May 22, 2022.

Wellx is a platform that rewards individuals on the completion of health and lifestyle goals. Data analytic tools help to hyper-personalise the wellness experience for individuals, families, and corporate entities.

Nuula Prioritizes Small Business Owners' Wellness with New App Features . PR Newswire, May 17, 2022.

In partnership with Walnut, Nuula's new wellness feature gives small business owners access to life insurance, plus meditation programs and online fitness classes, all for as little as $9/month. Programs offered include mental focus programs through Headplus Plus and online fitness classes Through ClassPass Digital.

Ness Raises $15.5M in Seed Funding to Make Wellcare More Affordable, Launches Rewards App & Acquires WellSet Practitioner Network. PR Newswire, May 10, 2022.

The Ness Wellness App allows consumers to earn points for the spending they're already doing on their health. Eventually, all "healthy actions"—from fitness activity to physician visits—will be rewarded. Points can be redeemed for offers at wellness brands like Sweetgreen, Thrive Market, and Barry’s Bootcamp.

Spring Health and Guardian Partner to Provide Innovative Mental Wellness Benefits. Press release, April 13, 2022.

This partnership will provide innovative benefits to support the mental and emotional well-being of employees and their families. The Guardian Spring Health plans will provide access to mental health professionals. Services include in-person and virtual appointments with licensed care providers, digital Cognitive Behavioral Therapy (CBT), coaching, and mindfulness exercises.

AIG Retirement Services Launches FutureFIT Wellness Check, A New Financial Wellness Assessment Tool Connecting Retirement Plan Participants with Personalized. Business Wire, April 6, 2022.

AIG Retirement Services announced the launch of FutureFIT^® Wellness Check, an interactive assessment tool to help retirement plan participants act for their financial future. Users answer a few questions about their spending, debt, retirement plan contributions, and savings goals and FutureFIT develops an action plan. The customized action plans feature education modules that are digestible, actionable, and brief, and intended to motivate employees to engage with their financial planning.