Garmin® and SCOR Global Life announce collaboration to enhance wellness through wearables
First-of-its-kind initiative leverages Biological Age Model BAM™ data to offer practical health solutions to consumers through global insurer programs
“Garmin is continuously expanding its smartwatch lineup and developing new technologies to promote active and healthy lifestyles,” said
The two companies teamed up to develop an exclusive algorithm that implements SCOR Global Life’s world-class actuarial science with wellness data obtained by Garmin wearables.
When combined with the Good Life app – built by SCOR’s InsurTech solution provider, ReMark – the user-friendly ecosystem supports and encourages consumer lifestyle aspirations. White-labelled for quick, convenient and affordable deployment, Good Life is a lightweight, modular and versatile platform for continuous underwriting and sustainable consumer engagement – complementing the Biological Age Model BAM™ to offer insurers a one-stop, full-service wellness platform. Combined with Garmin’s long battery life, impressive array of biometric data, and water-resistant wearable product range, the unique insights generated by consumers deliver a pro-active approach to health management and risk models.
“Together with Garmin, SCOR Global Life is paving the way for the future of life insurance and helping to reposition insurers as health and well-being experts dedicated to their customers’ long-term health and happiness,” said
The ever-expanding Garmin fitness segment develops technologies to enhance and promote healthy and active lifestyles.
1 See Garmin.com/ataccuracy
About
About SCOR
SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Using its experience and expertise (“The Art & Science of Risk”), SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health insurance (longevity, mortality, LTC, etc.) as well as in P&C insurance (natural catastrophes, agriculture, industry, transport, engineering, etc.).
About ReMark
ReMark is an InsurTech solution provider. A
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