Artificial intelligence (AI) specialist MyLifeKit is set to launch a new platform in June which aims to reform the way insurance companies make cost-saving and discount decisions for consumers.
LifeScore combines health-related, environment and world data, as well as credit-related data, to offer users a numerical expression of a person's life based on their physiological needs, health, and financial wellbeing. The platform will aim to provide health insurance providers and banks with better insight into the lifestyle and health of applicants, as welk as offering customers the opportunity to reduce premiums or obtain reduced rates based on a positive, or improved, 'LifeScore'. Healthcare professionals can also use LifeScore to gain a holistic perspective on why a patient's s...
To continue reading this article...
Join COVER for free
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.