Prudential Corporation Asia has announced it has entered into an exclusive partnership agreement with Babylon Health.
Babylon’s artificial intelligence expertise will be made available to existing and new customers of Prudential across Asia marking a step change in Prudential’s commitment to provide digital health services making healthcare affordable and accessible across Asia.
Nic Nicandrou, Chief Executive of Prudential Corporation Asia, said: “At Prudential, we strive to help customers lead healthier and more secure lives. The strategic partnership with Babylon is consistent with our ambition to address the unmet healthcare needs in Asia where the majority of the population are uninsured or underinsured, alongside an ageing population and escalating medical costs. This partnership accelerates our efforts to provide customer-centric, cost efficient and scalable health and wellness digital services to customers in the region.”
“We are significantly expanding our role from protection to encompass the prevention and postponement of adverse health events. By empowering customers with self-help tools and real-time health information, we believe the Babylon-enabled platform will inspire them to take an active role in understanding and managing their current and future health needs. Prudential remains committed to help both consumers and governments find efficient solutions to expand access to quality healthcare across Asia.”
Dr Ali Parsa, Babylon’s Founder & CEO, said: “Prudential is one of Asia’s leading insurance providers, where its brand is synonymous with trust. We find it humbling that after a lengthy search, Prudential’s forward-looking leadership has put its trust in Babylon as its partner. Both organisations share the same mission, which is to make healthcare accessible and affordable to everyone on Earth. We look forward to working with one of the most innovative leadership teams in insurance, as they work to build on their strong legacy in Asia and continue in their contribution of enhancing the well-being of its people.”