AIA Agrees Exclusive Asia-Pacific Regional Partnership with Medix

Breakthrough regional partnership between AIA and Medix, a company specialising in quality global medical management, to provide improved healthcare and clinical outcomes for AIA customers

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HONG KONG ,
CHINA - Media OutReach -
20 May
2019 – AIA Group Limited (“AIA” or the “Company”: stock code: 1299) announced
today that its customers across the Asia-Pacific region are set to benefit from
a landmark partnership agreement with global health management company Medix.
AIA and Medix are partnering to deliver a differentiated proposition that
optimises care and improves medical outcomes for AIA customers across the
region. Under the expanded regional partnership, building on already successful
collaborations between AIA and Medix in Hong Kong and Singapore, AIA and Medix
will work together to launch in more markets in 2019, including Indonesia, Malaysia,
Thailand and Australia. Additional markets are planned for launch in 2020 and
beyond.

 

From left to right: Jonathan Sternberg [Medix], Stuart Spencer [AIA], Jacky Chan [AIA], Ng Keng Hooi [AIA], Sigal Atzmon [Medix], Mark Saunders [AIA], Prof. David Zeltser [AIA].

Under the exclusive partnership
with Medix, selected AIA customers will have access to “Personal Medical Case
Management Services” during some of the most challenging times of their lives.
When diagnosed with a serious or complex condition AIA customers will be
supported by a dedicated case team throughout their medical journey, from
diagnosis through treatment until full recovery. They will gain access to a
holistic medical assessment, re-evaluation of their condition, referral for
additional diagnostic testing — where needed, ongoing multi-disciplinary
consultations, full care coordination, on-going guidance and emotional support
provided by Medix’ team of renowned medical experts from around the globe.

 

Eligible AIA customers will
have their medical case reviewed by Medix’ expert team of 300 in-house physicians and a global quality accredited network of over 3,000 world-leading
and independent medical specialists, ensuring they have the tools to make
educated, quality driven decisions and receive the best possible care
throughout their medical journey, anywhere in the world.

 

Ng Keng Hooi, AIA’s Group Chief
Executive and President, said the announcement underscores AIA’s commitment to
meet the growing and changing needs of customers and to help people live
Healthier, Longer, Better Lives.

 

“With the advances in medical treatments and technologies, the expectations of Asian consumers have changed significantly, with personalised, quality medical care at the top of their list.  This strategic partnership with Medix exemplifies our leadership role in
driving economic and social development across the region. It demonstrates our
pledge to go beyond the traditional, passive insurance business model by
becoming an integral part of our customers’ life journey” he said.

 

Mark Saunders, AIA’s Group Chief Strategy and Corporate Development Officer with responsibility for healthcare underlined AIA’s strategy and deliberate investment in helping improve the health and well-being of its customers, saying “AIA’s expanded partnership with Medix represents a significant step forward in delivering our long-term strategic vision in the health and well-being space, where we’ve invested significantly and consistently over the past several years.   It builds on a highly successful partnership in Hong Kong and Singapore, where we’ve been able to provide Medix’ unparalleled medical case management services to our customers.

 

“To successfully deliver on our vision to help
people be healthier for longer we are building an eco-system of services and
partners to help people on all steps of the health journey through predict,
prevent, diagnose, treat and recover stages, improving their overall wellbeing.
Our exclusive partnership with Medix across our markets enhances AIA’s
distinctive and differentiated proposition in health and well-being. By
providing our policyholders with Personal Medical Case Management AIA helps
overcome local healthcare disparities and makes international expertise, locally
available through a mutually beneficial collaborative process” Saunders said.

 

Sigal Atzmon, CEO of Medix commended
AIA’s visionary and innovative approach to driving meaningful improvements in
people’s lives across the region.

 

“This is a partnership that
will make a genuine difference; it represents a shared vision and a commitment
to reduce unwarranted healthcare variations across the region, improve the
medical accessibility, medical outcomes and most importantly, improve the
overall care experience” Ms Atzmon said.

 

“Through this partnership, we provide personalised medical care,
empower patients with the knowledge and tools they deserve to make educated
decisions and offer active coverage in the daily lives of each policyholder. As
such, we are enabling an unprecedented democratisation of the entire healthcare
landscape.

 

“AIA,
as one of the world’s largest and leading insurers should be applauded for the
courageous, pioneering spirit they have shown over the last 100 years. Their
vision and commitment to improving the lives of their customers/people across
the region is unwavering and we are honoured to be a part of their next
chapter,” Ms Atzmon concluded.

About AIA

AIA Group Limited and its subsidiaries
(collectively “AIA” or the “Group”) comprise the largest independent publicly
listed pan-Asian life insurance group. It has a presence in 18 markets in
Asia-Pacific — wholly-owned branches and subsidiaries in Hong Kong, Thailand,
Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia,
Taiwan, Vietnam, New Zealand, Macau, Brunei, Cambodia, a 97 per cent subsidiary
in Sri Lanka, a 49 per cent joint venture in India and a representative office
in Myanmar.

 

The business that is now AIA was first established in Shanghai a century ago in 1919.  It
is a market leader in the Asia-Pacific region (ex-Japan) based on life
insurance premiums and holds leading positions across the majority of its
markets. It had total assets of US$230 billion as of 31 December 2018.

 

AIA meets the long-term savings and protection
needs of individuals by offering a range of products and services including
life insurance, accident and health insurance and savings plans. The Group also
provides employee benefits, credit life and pension services to corporate
clients. Through an extensive network of agents, partners and employees across
Asia-Pacific, AIA serves the holders of more than 33 million individual policies
and over 16 million participating members of group insurance schemes.

 

AIA Group Limited is listed on the Main Board
of The Stock Exchange of Hong Kong Limited under the stock code “1299” with
American Depositary Receipts (Level 1) traded on the over-the-counter market
(ticker symbol: “AAGIY”).

About Medix Medical Services

Established in 2006, the Medix Group is a
global, leading provider of innovative, high quality health management
solutions. With offices in London, Hong Kong, Shanghai, Singapore, Tel Aviv,
Jakarta, Kuala Lumpur, Bangkok and Melbourne and a client base exceeding 3
million members in over 90 countries, Medix offers its clients — primarily
global health & life insurers, financial groups, large corporates and
government institutions — significant value-added services in the world of
healthcare. Medix’ medical team is comprised of 300 in-house doctors alongside
nurses, research experts, medical administration teams and a quality accredited
global network of over 3,000 specialists and 1,500 leading hospitals.

 

Through its various services, Medix offers its
customers fast-track solutions to proven better medical outcomes. Medix provides
Global Personal Case Management Services, Disease Prevention Management Services,
Digital Health Solutions, Home Care Services, Health Strategy and Medical Governance
Services to insurers, large corporates and government institutions.

 

Medix is a Shared Value company that strives to
enable people around the world to have access to the best medical care possible
while eliminating unwarranted healthcare variations and helping to control
medical cost inflation. Believing that the accessibility, quality and
sustainability of medical care are one of the most important components of
social rights, Medix is very passionate about these issues and is globally
fully dedicated to these activities.