Latest news with #MediConCen
Yahoo
2 days ago
- Business
- Yahoo
HealthMutual, MediConCen partner to develop AI
HealthMutual Group (HMG) has joined forces with insurtech company MediConCen to create an AI-driven claims solution for the Hong Kong market. The collaboration combines the technological competence of MediConCen in AI, blockchain and automation, with the medical claims management expertise of HMG. The move is aimed at enhancing claims processing and to establish a Fraud, Waste, and Abuse (FWA) detection framework that is tailored to the local needs of Hong Kong. MediConCen, founded in 2018, is an insurtech company that utilises blockchain technology to automate insurance claims. MediConCen CEO and co-founder William Yeung said: "This collaboration merges MediConCen's AI-powered technological expertise with HMG's unparalleled domain knowledge in insurance and healthcare. 'Together, we are creating a solution that empowers claims assessors to make faster, and consistent decisions—setting a new gold standard for the industry." HealthMutual Group, since its establishment in 2014, has been active in healthcare management within Hong Kong and the Greater China Region. The company's services are designed to its various stakeholders, including the insured, insurance companies, and the medical sector, by improving healthcare management and funding mechanisms. HMG founder KC Chan stated: "with over 11 years of experience in medical concierge services, HMG has developed an in-depth understanding of claims management. Our proprietary OCR-based medical invoice platform aligns perfectly with the digital transformation of claims processing, while facilitating the set-up of a FWA framework to ensure robust risk management. 'Partnering with MediConCen, a leader in cutting-edge InsurTech, allows us to further our mission of supporting the sustainability of Hong Kong's medical insurance sector." "HealthMutual, MediConCen partner to develop AI " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Sun
2 days ago
- Business
- The Sun
HMG Partners with MediConCen to spearhead Medical Claims Digitalization in Hong Kong
HONG KONG SAR - Media OutReach Newswire - 14 July 2025 - HealthMutual Group (HMG), a pioneer in medical concierge and insurance management, and MediConCen Limited, an InsurTech innovator, today announced a strategic partnership to develop an advanced AI-driven claims solution tailored for the Hong Kong market. By combining MediConCen's expertise in AI, blockchain, and automation with HMG's solid experience in medical claims management, the collaboration aims to streamline claims processing, enhance efficiency, and establish a localized Fraud, Waste, and Abuse (FWA) detection framework. Mr. KC Chan, Founder of HMG, said, 'with over 11 years of experience in medical concierge services, HMG has developed an in-depth understanding of claims management. Our proprietary OCR-based medical invoice platform aligns perfectly with the digital transformation of claims processing, while facilitating the set-up of a FWA framework to ensure robust risk management. Partnering with MediConCen, a leader in cutting-edge InsurTech, allows us to further our mission of supporting the sustainability of Hong Kong's medical insurance sector.' Mr. William Yeung, CEO and Co-Founder of MediConCen, said 'this collaboration merges MediConCen's AI-powered technological expertise with HMG's unparalleled domain knowledge in insurance and healthcare. Together, we are creating a solution that empowers claims assessors to make faster, and consistent decisions—setting a new gold standard for the industry.' The partnership underscores the importance of combining insurance practicality with technology to deliver digitalisation for insurance process. About HMG Established in 2014, HealthMutual Group has swiftly emerged as a premier leader in healthcare management across Hong Kong and the Greater China Region. Passionately dedicated to transforming healthcare management and its funding mechanism through provision of medical concierge and other essential value-added service, it benefits all stakeholders: the insured, insurance companies, and the medical sector, fostering their sustainable growth and development. About MedConCen MediConCen is a leading insurTech founded in 2018. Awarded in numerous local and international competitions, MediConCen is the first Hong Kong company utilizing blockchain and cutting-edge technology to automate insurance claim and evolve the insurance claim experience.
Zawya
2 days ago
- Business
- Zawya
HMG Partners with MediConCen to spearhead Medical Claims Digitalization in Hong Kong
HONG KONG SAR - Media OutReach Newswire - 14 July 2025 - HealthMutual Group (HMG), a pioneer in medical concierge and insurance management, and MediConCen Limited, an InsurTech innovator, today announced a strategic partnership to develop an advanced AI-driven claims solution tailored for the Hong Kong market. By combining MediConCen's expertise in AI, blockchain, and automation with HMG's solid experience in medical claims management, the collaboration aims to streamline claims processing, enhance efficiency, and establish a localized Fraud, Waste, and Abuse (FWA) detection framework. Mr. KC Chan, Founder of HMG, said, "with over 11 years of experience in medical concierge services, HMG has developed an in-depth understanding of claims management. Our proprietary OCR-based medical invoice platform aligns perfectly with the digital transformation of claims processing, while facilitating the set-up of a FWA framework to ensure robust risk management. Partnering with MediConCen, a leader in cutting-edge InsurTech, allows us to further our mission of supporting the sustainability of Hong Kong's medical insurance sector." Mr. William Yeung, CEO and Co-Founder of MediConCen, said "this collaboration merges MediConCen's AI-powered technological expertise with HMG's unparalleled domain knowledge in insurance and healthcare. Together, we are creating a solution that empowers claims assessors to make faster, and consistent decisions—setting a new gold standard for the industry." The partnership underscores the importance of combining insurance practicality with technology to deliver digitalisation for insurance process. Hashtag: #HMG #MedConCen # # #MedicalClaims #Digitalization #AI #MedicalInsuranceSector #OCR The issuer is solely responsible for the content of this announcement. About HMG Established in 2014, HealthMutual Group has swiftly emerged as a premier leader in healthcare management across Hong Kong and the Greater China Region. Passionately dedicated to transforming healthcare management and its funding mechanism through provision of medical concierge and other essential value-added service, it benefits all stakeholders: the insured, insurance companies, and the medical sector, fostering their sustainable growth and development. About MedConCen MediConCen is a leading insurTech founded in 2018. Awarded in numerous local and international competitions, MediConCen is the first Hong Kong company utilizing blockchain and cutting-edge technology to automate insurance claim and evolve the insurance claim experience. HealthMutual Group
Malay Mail
2 days ago
- Business
- Malay Mail
HMG Partners with MediConCen to spearhead Medical Claims Digitalization in Hong Kong
Mr. KC Chan, Founder of HMG (right) and Mr. William Yeung, CEO and Co-Founder of MediConCe (left) are delighted with the strategic partnership which serves to foster the sustainability of Hong Kong's medical insurance sector. HONG KONG SAR - Media OutReach Newswire - 14 July 2025 - HealthMutual Group (HMG), a pioneer in medical concierge and insurance management, and MediConCen Limited, an InsurTech innovator, today announced a strategic partnership to develop an advanced AI-driven claims solution tailored for the Hong Kong combining MediConCen's expertise in AI, blockchain, and automation with HMG's solid experience in medical claims management, the collaboration aims to streamline claims processing, enhance efficiency, and establish a localized Fraud, Waste, and Abuse (FWA) detection KC Chan, Founder of HMG, said, "with over 11 years of experience in medical concierge services, HMG has developed an in-depth understanding of claims management. Our proprietary OCR-based medical invoice platform aligns perfectly with the digital transformation of claims processing, while facilitating the set-up of a FWA framework to ensure robust risk management. Partnering with MediConCen, a leader in cutting-edge InsurTech, allows us to further our mission of supporting the sustainability of Hong Kong's medical insurance sector."Mr. William Yeung, CEO and Co-Founder of MediConCen, said "this collaboration merges MediConCen's AI-powered technological expertise with HMG's unparalleled domain knowledge in insurance and healthcare. Together, we are creating a solution that empowers claims assessors to make faster, and consistent decisions—setting a new gold standard for the industry."The partnership underscores the importance of combining insurance practicality with technology to deliver digitalisation for insurance #HMG #MedConCen # # #MedicalClaims #Digitalization #AI #MedicalInsuranceSector #OCR The issuer is solely responsible for the content of this announcement. About HMG Established in 2014, HealthMutual Group has swiftly emerged as a premier leader in healthcare management across Hong Kong and the Greater China Region. Passionately dedicated to transforming healthcare management and its funding mechanism through provision of medical concierge and other essential value-added service, it benefits all stakeholders: the insured, insurance companies, and the medical sector, fostering their sustainable growth and development. About MedConCen MediConCen is a leading insurTech founded in 2018. Awarded in numerous local and international competitions, MediConCen is the first Hong Kong company utilizing blockchain and cutting-edge technology to automate insurance claim and evolve the insurance claim experience.
Malay Mail
02-05-2025
- Business
- Malay Mail
Hong Kong Life Launched Waves of New Health Service Initiatives Helping Customers Move Towards a Higher Quality of Life
Promotion Period: 2 May to 30 September 2025 (Both Dates Inclusive) Individual clients with successful applications submitted within the Promotion Period for any Eligible Life Insurance Plan(s)1 of Hong Kong Life, with Annualized First Year Premium HKD80,000 (or equivalent) or above, may receive the coupon of Mannings PharmaCare 2 Promotion Period: 1 April to 30 June 2025 (Both Dates Inclusive) Offshore clients3 with successful applications submitted within the Promotion Period for any Eligible Life Insurance Plan(s)5 of Hong Kong Life, with Annualized First Year Premium of HKD180,000 (or equivalent) or above, may enjoy the MedicMart Health Package B 4 provided by MediConCen once. An Eligible Life Insurance Plan means any life insurance plan underwritten by Hong Kong Life except Fortune Plus III Savings Insurance Plan and Retire-at-Ease II Deferred Annuity Plan. If the clients submit more than one application for the Eligible Life Insurance Plan with the same life insured, only the policy of the Eligible Insurance Plan with the earliest issue date would be entitled to the Mannings PharmaCare once. Offshore Client refers to the policyowners who submit an application with an identity document issued by the relevant authorities of a place outside Hong Kong, and such identity document does not include Hong Kong Identity Card, HKSAR Passport or British National (Overseas) passport. If the clients submit more than one application for the Eligible Life Insurance Plan with the same life insured, only the policy of the Eligible Insurance Plan with the earliest issue date would be entitled to the MedicMart Health Package B once. Eligible Life Insurance Plans : Wealth Accelerator Multi-Currency Plan (2-Year/5-Year/10-Year Pay) / Family Care Dread Disease Protection Plan (10-Year/20-Year Pay) / Family Fortune Savings Insurance Plan (5-Year/10-Year Pay) / Monthly Reward Whole Life (3-Year Pay) / Prime Reward Whole Life Savings Insurance Plan (3-Year/6-Year/9-Year Pay) / Joyful Whole Life Savings Protection Plan / Your Wealth Whole Life Savings Protection Plan / Perfect 10 Whole Life Protector / Wealth for U Savings Protection Plan / Monthly Reward 18 (3-Year Pay) HONG KONG SAR - Media OutReach Newswire – 2 May 2025 - Hong Kong Life always stands by its customers, dedicated to providing innovative health service initiatives that allow every customer to enjoy more comprehensive health protection and medical support, helping them move towards a healthier January 2025, Hong Kong Life launched the first wave of health service initiatives by rolling out the "MedicMart" e-platform, specifically providing exclusive discounts on health checkups, Vaccination and Egg Freezing Services, and Children's Assessment Programs for Hong Kong Life customers. Customers can compare, select, and purchase suitable health checkup services at discounted prices on the "MedicMart" e-platform. In addition to offering "Health Checkup Plans" for policyowners, Hong Kong Life provided flu vaccines to the public through a social media game during the flu season Kong Life is set to launch the second wave of its health service initiative, the "Mannings PharmaCare" Offer, on May 2, 2025, benefiting both customers and the public!Through this offer, customers can redeem coupons at designated Mannings stores to access the "Mannings PharmaCare" service once, covering consultation and free medication for eight common minor ailments: Cold and Flu, Allergy, Pain and Aches, Gastrointestinal Conditions, Women's Health, Minor Skin Conditions, Eye Conditions and Oral initiative aims to strengthen health protection by offering accessible medical the "Care We On Health Challenge" game will launch on the same day, giving the public an opportunity to receive free coupons. Stay tuned for official announcements on Facebook and Instagram!In 2025, Hong Kong Life will continue to launch more fabulous health service offers, allowing customers and the public to enjoy more comprehensive protection services. Stay tuned!Mr. Jonathan Ko, Chief Marketing Officer of Hong Kong Life, said, "We are committed to providing innovative health support service initiatives so that every customer can enjoy more comprehensive health protection. In January 2025, Hong Kong Life rolled out MedicMart e-Platform to offer our customers exclusive discounts on health checkups; we also officially launched the "Mannings PharmaCare" Offer on May 2, providing customers with pharmacist consultations and free medication services. This year, we will continue to launch more fabulous health service initiatives, making it easier for customers and the public to access various health support and work together towards a healthier future."Remarks:Hashtag: #香港人壽 #HKLife #健康服務 #優惠 #MedicMart #CareWeOn健康挑戰 #萬寧藥健保障計劃 The issuer is solely responsible for the content of this announcement. About Hong Kong Life Established in 2001, Hong Kong Life Insurance Limited ("Hong Kong Life") was founded by five local financial institutions including Asia Insurance Company Limited, Chong Hing Bank Limited, CMB Wing Lung Bank Limited, OCBC Bank (Hong Kong) Limited and Shanghai Commercial Bank Limited, which laid their foundations and have been serving people in Hong Kong for more than 50 years in average. Through our extensive network of around 130 distribution points comprising Chong Hing Bank, CMB Wing Lung Bank, OCBC Bank (Hong Kong) and Shanghai Commercial Bank, we offer an integrated one-stop service of insurance and financial planning to customers.
