Digital Health for Insurers - Internet of Business · 2.5 healthy years gained, DAU/MAU of 50% Privately owned: Founder: Peter Ohnemus, majority shareholder Samsung Ventures, Rakuten,

Life Insurance | Strictly Confidential – | September, 2017 | Slide 1

Digital Health for Insurers

Matt Park, VP dacadoo americas


Nutrition

Stress

Cholesterol

Glucose

Activities

BMI

Steps

Weight

Sleep

250,000 health apps, so much data - how can insurers

make sense of it all?


Founded

HQ in Zurich, offices in Boston, Sydney

Scientific advisory board with leading academia

Multiple patents on the Health Score & Platform

Results validated by independent research

2.5 healthy years gained, DAU/MAU of 50%

Privately owned:

Founder: Peter Ohnemus, majority shareholder

Samsung Ventures, Rakuten, 2 Family businesses

2010

Peter Ohnemus

Chairman, President &

CEO

Prof. Laurence Jacobs

QHS & Risk

Model Expert

• Red Herring Top 100 Global Award

• Top 100 Innovator Global Digital Health Award List 2016 - Journal of mHealth

• HITS Award from Merck BeWell Challenge

• Innovators Challenge Winner at Partners Connected Health Symposium

• Global Visionary Innovation Leadership Award - Frost & Sullivan

• BIG Innovation Award - Business Intelligence Group

Won 9 Awards in 2016, including:

dacadoo: the Health Score company

Life Insurance | Strictly Confidential | September, 2017 | Slide 4

My

Lifestyle

My

Mind

My

Body

Health Score

Movement Nutrition Sleep Stress

Track

One aggregated measure based on up to 100 tracked data points.

= 1 outcome & global

common denominator.

The dacadoo Health Score


Health Score & the Risk Score Engine

The dacadoo Health Score is

a risk-based score,

measuring distance to death.

The Health Score is aimed

at consumers.

Insurance companies can

access the underlying risk

models directly.

InputsImputation

Models

Precursor

Models

Modulator

Models

Central Risk

Models

Score

ModelsScore


Comprehensive dacadoo Health Score Engagement Platform

Social,

Groups

Coaching

Tracking

Challenges &

Goals

Points &

Rewards

Comprehensive Health Engagement Platform


• Health Insurance

• Life Insurance

• Corporate Wellness

• Patients/Providers

• Pharma

• Engaging:

• Employees

• Members

• Patients

• Measuring:

• Individual & Population

• Outcomes

• Risk

Health Score use cases


1. Digital Acquisition

Accelerated Underwriting

2. Ongoing Engagement

Personal Health Goals

3. Customer for Life

Cross-sell and Upsell

A full digital experience for Life Insurance clients


Accelerated Underwriting at acquisition

Questions Health Score Consent Premium Contract





Data from major providers:

• MIB, LexisNexis, Milliman,

ExamOne

• Motor vehicle records,

• Zip Code

• Prescription history

Answers from questionnaire

Underwriting Engine

Underwriting

Decision

Offer Premium

& Contract

Accelerated Underwriting at acquisition


Health risk scores improve the risk inputs




ExamOne


• Zip Code


Imputed health risk scores from

The dacadoo Risk Engine

Underwriting Engine

Underwriting

Decision

Offer Premium

& Contract


Introduce health engagement




ExamOne


• Zip Code


Imputed health risk Scores from

The dacadoo Risk Engine

Underwriting Engine

Underwriting

Decision

Offer Premium

& Contract

Introduce Health

Engagement


Offer premium & health engagement

Your Premium:Based on your Health Score of

588, your premium for $500,000

Term Policy is: $750 /year.

Manage your Health Score:Join one of the following programs

to improve your Health Score and

realize substantial benefits: e.g.

more coverage, reduced premiums.


Ongoing - engage in personal health goals

And start collecting

real-time health

information!


Ongoing engagement – make it personal

Congratulations, your BMI is

down another point! Keep up the

good work – you only need to

reduce 3 more points to hit your

BMI goal and receive your

reward.

If you would like to eat more

vegetables to hit your goal faster,

I can help. Please follow this link

to receive coaching:

Go here

Custom content

based on individual

health triggers


Introduce health engagement



• MIB, LexisNexis, Milliman, ExamOne


• Zip Code


Full Health Risk Scores

from the dacadoo Risk

Engine

Underwriting Engine

Underwriting

Decision

Offer Premium

& Contract

Introduce Health

Engagement


Congratulations,on

your new baby boy!

Based on your Health

Score you are pre-

approved for an

additional $500K of

Life Insurance, at a

premium of an

additional $200 per

year. Click here to

approve:

Go here

Congratulations

Cross-sell:

• Whole Life

• Annuities

• Retirement planning

• Other family members

Dynamic underwriting, up-sell, x-sell


Traditional life insurance No connection

Future life insurance Moving towards real-time Lifestyle

based underwriting / products!

Insurance

premium

Cost

Age

Insurance

premium

Health Score

(Lifestyle based)

Cost

Age

Incidence

& illness

Healthy life = longer

payment of premiums

Dynamic risk classification


Legal notice and contact

Lifestyle Navigation and

Health Scoring

Contact:

Matt Park

Email: [email protected]

The content and design of this presentation is

protected by copyright and other rights of dacadoo

ag or third parties. The reproduction, editing and

distribution of this presentation, in whole or in part,

is only permissible with the prior written consent of

dacadoo ag. Any type of exploitation of the content

or design of this presentation or of its underlying

concepts is prohibited.

Thank you for listening!

mailto:[email protected]

Documents

Digital Health for Insurers - Internet of Business · 2.5 healthy years gained, DAU/MAU of 50% Privately owned: Founder: Peter Ohnemus, majority shareholder Samsung Ventures, Rakuten,