Swiss Re partners with Wysa
Swiss Re has announced an exclusive partnership with mental health platform Wysa to create a wellbeing app tailored to the insurance industry.
The new app will include mental health tracking and guidance for seeking offline support and better reporting for insurance clients. The goal is to enable a “pre-notification of claims” by encouraging policyholders to seek support “through proven techniques in existing insurer ecosystems” before issues become too extreme.
“There’s an estimated USD 15 billion of mental health claims each year in insurers’ disability books around the world2. The insurance industry is striving to better understand and prevent mental illness. We’re delighted to be developing this app with Wysa, which will support insurers in their goal of improving both their products and the consumer experience for those looking to stay on top of their mental wellbeing.” – Jolee Crosby, Swiss Re’s Head of L&H Global Core Solutions, Underwriting & MedRe.
“Wysa is very excited about this partnership with Swiss Re as we share a common objective to do more to support people with their mental wellbeing. We are convinced that, based on our existing capabilities and the app’s new components, we are building a unique solution together that integrates scalable, AI-enabled responsive early-stage mental health support into the insurance industry.” – Ramakant Vempati, co-founder & president of Wysa.