SCOR Partners with Garmin Health
SCOR Global Life is partnering with Garmin Health to enhance its BAM (Biological Age Model) initiative by analyzing health metrics generated by Garmin wearables.
Launched last year, BAM offers policyholders whose biological age is lower than their chronological age incentives such as premium discounts, health and wellness coaching, and rewards, ultimately encouraging them to develop healthier habits. Through this new collaboration with Garmin Health, SCOR Global Life will have a more accurate assessment of an individual’s biological age, minimizing their risk and purchase cycles while delivering competitive pricing.
“We are excited about the Garmin collaboration as it underscores the real value of BAM by a leader in the wearables industry. We are starting the year strong with two project launches, one in China (JD China) and one in Malaysia (Hong Leong Assurance), and we will be continuing this momentum in the coming months by bringing more BAM and Garmin products into several markets across the region. Our unwavering commitment to enhancing BAM mirrors our passion to help people lead healthier lives.” – Asia-Pacific Deputy CEO at SCOR Global Life, Vincent Lepez.
“Garmin Health is excited to work with a globally recognized reinsurance company like SCOR Global Life that shares the commitment to improve customers’ health and bring innovative digital health solutions to the market. Combining the health data from Garmin wearables with the analytical capabilities of BAM creates a powerful solution for both insurance companies and their customers.” – Director of Global Business Development at Garmin Health, Joern Watzke.