Healthcare funding ecosystems
Editorial by Hugh Terry
This month’s China in Focus sponsored by Swiss Re looks at the development of healthcare funding ecosystems in China’s digital insurance market.
The in-depth looks at how crowdfunding has become a popular means of raising money to meet the cost of expensive treatments.
It also looks at how these programmes interact with the mutual schemes and commercial insurance arms that run alongside these ventures.
Their interdependence raises questions about consumer safety and levels of governance.
Carriers and the platforms they use must ensure that nothing taints the reputation of these products, only some of which are formally regulated.
To lose trust in such a huge business could have lasting and very damaging repercussions.
We also take a closer look at two of the players in the crowdfunding market, Qingsongchou and Shui Di Chou.
Enjoy the edition!
OPAL, a Fintech developer, has launched a new protection platform called Pandora Launch for life insurers and banks.
Farmers Edge, a digital agriculture ecosystem provider, has partnered with Fairfax Brasil to develop bespoke data-driven crop insurance solution for growers in Brazil.
AIA Vitality’s solution has expanded its fitness experiences for users. AIA Singapore announced enhancements to its AIA Vitality program with the inclusion of Virgin Active and new lifestyle incentives from Grab, Singtel and Golden Village.