Leading European insurance companies are now helping their clients to reduce health risks with new digitally based services. Wellmo is emerging as a leading player in these flexible solutions. Wellmo’s customers have a combined base of 7 million clients. “In the near future, the preventive digital health service market will be worth several billion euros in Europe”, says Jaakko Olkkonen, the Managing Director of Wellmo.
There is vast evidence that digitally assisted lifestyle modification programs connected to sensors and remote coaching are helping consumers to pay attention to healthy living, reducing their risks for chronic diseases. Highly personalized and cost efficient mobile services are helping people take charge of their own health, live healthier lives, and reach their goals. Leading insurance companies have started to redefine insurance business with the help of these digital services. In addition to traditional financial cover, insurers have started to offer their members lifestyle coaching programs and rewards to help them manage their risks better. “In the near future, the European market of these preventive digital health services will be worth several billion euros”, says Jaakko Olkkonen, the Managing Director of Wellmo.
Over 20 international clients
With its background with Nokia, Wellmo has developed a market leading mobile health solution that enables insurance companies, as well as advanced health service providers to offer a rich branded digital health services. "We have seen a tremendous increase in interest among insurance companies for mobile health services," says Mr. Olkkonen. "Wellmo has over 20 international clients, now - with a total of 7 million customers. We are happy to be able to contribute to healthy living", he says.
Together with its customers and partners, Wellmo is building a compatible and adaptive ecosystem. Wellmo’s role is to facilitate the creation of a uniform mobile user experience and data exchange between the various partners, while ensuring regulatory compliance. The ecosystem is open and grows continuously. It currently includes partners for wearable devices (e.g. Garmin), coaching services (e.g. Trainer4You, Pim Mulier, Fysergo), health & wellness content providers (e.g. Duodecim), lifestyle intervention platforms (e.g. MealLogger), and communication technology providers (e.g. Netmedi).
Jaakko Olkkonen, CEO
tel: +358 50 482 2161
Wellmo is a comprehensive mobile health solution that allows healthcare providers and insurance companies to create powerful, compelling and scalable health and wellness services. The solution combines the most popular health applications, wearable tracking devices, as well as IT systems of service providers, and has already over 20 customers in four countries: Finland, Sweden, the Netherlands and South Africa. The Wellmo concept originates from Nokia, and was spun out in 2012. Wellmo is headquartered in Espoo, Finland. For more information, see: www.wellmo.com
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