Fintech / Insurtech

Life Insurance - Wearables

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER

What is Life Insurance - Wearables?

Wearables are smart devices that collect biometric data from the individual wearing them. Life insurers can tap into this data to underwrite and price policies. Players in this technology market include wearable hardware manufacturers with software platforms and pure-play wearable software platforms.

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Leaders

Leaders are the most established service providers in the market and possess the breadth to address various customer needs.

See why these companies made it as leaders for Life Insurance - Wearables. These companies include Validic.

Validic logo
Validic

United States / Founded Year: 2010

Motivation Science is the developer of Validic, a digital health platform that provides a simple connection to secure, standardized data from specialized digital health technologies, such as wellness applications, wearables, fitness equipment and clinical devices.

Key People

Drew Schiller, Brian Carter

Highfliers

Highfliers are the most innovative service providers in the market and possess the resources to address evolving customer needs.

See why these companies made it as highfliers for Life Insurance - Wearables. These companies include TicTrac and PAI Health.

TicTrac logo
TicTrac

United Kingdom / Founded Year: 2010

Tictrac is a digital health platform that focuses on centralizing healthcare and helping people lead healthier lives. The company was founded in 2010 and is based in London, England.On April 13th, 2022, TicTrac was acquired by Dialogue at a valuation of $56M.

Known Customers

PAI Health

Key People

Oliver MacCarthy, Jean-Philippe DOUMENG, Martin Blinder, and 1 more

PAI Health logo
PAI Health

Canada / Founded Year: 2000

PAI Health (Personal Activity Intelligence) is focused on sport and fitness wearable technology. PAI sports bands and watches are equipped with heart-rate accuracy and fitness tracking solutions to help athletes at all levels set and surmount their fitness goals.

Known Customers

Huami

Outperformers

Outperformers are the most specialized service providers in the market and possess the expertise to address unique customer needs.

See why these companies made it as outperformers for Life Insurance - Wearables. These companies include .

Challengers

Challengers are the most promising service providers in the market and possess the agility to address emerging customer needs.

See why these companies made it as challengers for Life Insurance - Wearables. These companies include Optimity and Sprout Wellness Solutions.

Optimity logo
Optimity

Canada

Optimity is an employee wellness and engagement platform that reduces preventable drug claims costs for employers through a digital health coaching program. Optimity achieves high participation rates by using mobile apps, wearables, and an online portal to cultivate habits.

Known Partners

Garmin, Walnut, InGuard, and 1 more

Known Customers

InGuard

Key People

Seneca Moore, Jane Wang, David Greenberg, and 1 more

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Sprout Wellness Solutions

Canada / Founded Year: 2012

Sprout is a Wellness Engagement Platform, used by progressive companies to improve the health of their employees and their business. Sprout creates a work culture that enables individuals to lead happier, healthier lives, while empowering employers to effectively manage and measure wellness outcomes.On March 29th, 2022, Sprout Wellness Solutions was acquired by TELUS Health. Terms of the transaction were not disclosed.

Known Customers

Cathay Pacific Airways

Key People

Martha Switzer, Neeraj Sharma

What is Life Insurance - Wearables?

Wearables are smart devices that collect biometric data from the individual wearing them. Life insurers can tap into this data to underwrite and price policies. Players in this technology market include wearable hardware manufacturers with software platforms and pure-play wearable software platforms.

Selling a product or service?
Reach more buyers.

Your future customers are researching their next tech solution on CB Insights. Make sure they can find you.

Claim your CB Insights Profile