AIA and WeDoctor seal health care deal
Print Edition
AIA Group announced a strategic partnership yesterday with China’s leading technology-enabled health care solutions platform WeDoctor Holdings Ltd, aiming to provide innovative quality health and wellness offerings, as well as financial protection solutions for Chinese consumers.
With the deal, the insurance giant’s customers will gain preferred access to WeDoctor’s leading health care services including appointment making, online consultation and offline clinics, as well as its network of 2,700 top-tier hospitals, 220,000 doctors, and over 15,000 pharmacies in 30 provinces in China.
AIA will become WeDoctor’s preferred provider of life and health insurance solutions. Over 110 million registered customers of the health care service provider will be able to access AIA’s protection solutions in areas where its China company operates, helping to reduce the protection gap for millions of WeDoctor users.
AIA said it also made a concurrent minority equity investment in WeDoctor to further solidify the relationship and commitments of their cooperation.
Through this partnership, the two companies will combine to develop innovative health and wellness services and protection solutions that will enhance their respective leadership positions in both China and across the Asia-Pacific region, according to John Cai, regional chief executive of AIA Group.
Jerry Liao, chairman and CEO of WeDoctor, said the alliance will help expand their international presence “in the years to come” by leveraging AIA’s long history and extensive operations across the Asia Pacific region.
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