Jake O ’ Connor , Global Business Development Manager , Health B2B at Garmin shares his industry insight .
Jake O ’ Connor , Global Business Development Manager , Health B2B at Garmin shares his industry insight .
Garmin Health produces world class devices for corporate wellness programs , providing the best battery life and biometric sensor data in an ever-expanding industry . Founded in 2014 , it has invested in connectivity solutions such as the Garmin Connect Health API and the Garmin Health SDKs to provide the maximum flexibility for partners to access this data . Combined with a global distribution network , Garmin Health offers a wide scope of services across several industries including Health Care , Insurance , Research and Clinical Trials , Gym and Fitness and Corporate Health Benefits .
How does Garmin Health operate in the insurance industry ?
Garmin Health provides fully or partially subsidised devices and monetary incentives to insurance customers to encourage a healthy and active lifestyle , with the goal of engaging their members and reducing medical costs . Life and re-insurance companies use our wearable devices to stratify risk and improve their margins . Ultimately , we seek to find and relieve our customers ' pain points through our comprehensive data-ecosystem that allows them to share the data generated via our wearable sensor technology .
How do partners benefit from working with Garmin Health ?
Whether it be customer acquisition , health promotion , risk assessment , or selective prevention control , we have access to thousands of partners to find the perfect solution . With the ability to bring wearable devices to customers anywhere around the globe , we are dedicated to helping you offer the best health solutions for your customers .
Where do you see the future of the insurance industry trending ?
Wearable devices are playing an increasing role as insurers invest heavily in accurate risk assessment and underwriting procedures . Wearables can help detect health risks earlier and advise for quick and timely treatments . Insurers can also augment their traditional underwriting dataset with additional physiological endpoints , transitioning from a static underwriting process to a continuous , long-term assessment that provides the ability to engage and affect behaviours and outcomes .
For questions and more info , please feel free to contact me directly at jake . oconnor @ garmin . com
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