AdvanceCare and dacadoo’s joint venture set to revolutionise digital wellbeing in Portugal

AdvanceCare and dacadoo's joint venture set to revolutionise digital wellbeing in Portugal

Portuguese firm AdvanceCare, an autonomous provider of healthcare management, has entered into a fruitful partnership with Swiss HealthTech and InsurTech heavyweight dacadoo.

Together, they have introduced a groundbreaking digital health engagement platform named ‘AdvanceCare+’ that aims to foster healthier lifestyles among its users.

The partnership centres around the enhancement of consumer wellbeing. It is set to change the game for AdvanceCare’s customers in Portugal, bringing digital health services to their fingertips via the newly launched platform. Using dacadoo’s sophisticated technology, the AdvanceCare+ platform is built upon a staggering 300 million person-years of scientific data, integrating principles from gamification, behavioural science, automated coaching, and artificial intelligence to create an engaging and supportive user experience.

AdvanceCare’s mission is to manage health insurance and plans for several leading insurance companies in Portugal. The AdvanceCare group, integrated into the international Generali Group since 2020, has grown to manage more than 1.3 million clients and annual claims surpassing €350m. The partnership with dacadoo propels their mission forward, bringing a healthy life and comprehensive care to clients at all stages of their lives via the new digital health engagement platform.

Dacadoo, meanwhile, is a key player in InsurTech and HealthTech sectors globally. The Zurich-based company, named a 2021 “Cool Vendor in Insurance” by Gartner, offers a range of InsurTech and HealthTech solutions, including a digital health engagement platform complete with a health score and risk engine. Licensed to Life & Health insurance operators (B2B), their technology serves over 35 of the top 100 Life & Health insurance operators globally.

At the heart of the partnership lies the award-winning dacadoo Health Score, a feature of the AdvanceCare+ platform. This technology offers a quantifiable measurement of holistic health in a single number ranging from 0 (poor) to 1,000 (excellent). The health score dynamically adjusts in real-time depending on lifestyle factors, physical health and mental wellbeing, thus providing a comprehensive perspective of an individual’s health.

CEO at AdvanceCare, José Pedro Inácio, expressed his vision for the new venture, “AdvanceCare+ is a holistic tool to address all prevention levers, and not just a typical ‘exercise tracker’. Prevention will allow insurers to address their long-term loss ratio while staying competitive in the market.” Peter Ohnemus, President and CEO of dacadoo, shared his enthusiasm, stating: “I am very excited to announce this partnership with AdvanceCare as it is our first client in Portugal and of great strategic importance.”

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