Japan's T&D Holding, the T&D Life Group's holding company, and Swiss digital health platform company dacadoo will cooperate in the development of digital life insurance products for Japan.
dacadoo develops and operates its comprehensive digital Health Engagement Platform to motivate users to achieve and maintain healthy lifestyle habits.
T&D Holdings is a Japanese listed life insurance holding company and owns three life insurers: Taiyo Life Insurance, Daido Life Insurance and T&D Financial Life Insurance. Firstly, Daido Life will start discussions with dacadoo for specific collaboration items.
The T&D Life Group will, by leveraging the digital health technology and infrastructure of dacadoo, aim to deliver advanced digital life insurance products which support customer’s wellbeing, and also, pursue a range of innovations potentials in areas such as customer relationships, marketing and underwriting.
dacadoo's digital user journey is optimised to engage clients of insurers and it is delivered through mobile apps (iPhone & Android) and a web app built in responsive design. It combines motivational techniques from behavioural science, with functions from online gaming and social networks that involve users in their holistic health – body, mind and lifestyle.
By combining the patented dacadoo Health Score with personalised health coaching by the rule- and AI-based automated coach, dacadoo customers can achieve high levels of long-term user engagement and produce positive outcomes.
The whitelabel option provides insurance customers with full branding and content customisation. The access to dacadoo’s technology via RESTful API (OAuth 2.0) provides them with the flexibility to develop own applications. Additionally, dacadoo offers a risk engine for accelerated and dynamic underwriting.
Mr Peter Ohnemus, founder and CEO of dacadoo, commented, "The digitalisation process in life insurance is advancing rapidly and newly designed digital insurance products will appear more and more.”