Zurich acquires health tech companies in Australia and South Africa

Zurich Insurance Group has acquired digital health and wellbeing service providers HealthLogix, based in Australia, and HealthInsite, based in South Africa, to further expand its Zurich LiveWell health and wellbeing business.

Zurich LiveWell was created earlier this year to bring together the group’s existing health and wellbeing initiatives and expand the services into new markets. It will be a part of Zurich’s new global business platforms unit, which focuses on digital services and solutions.

The acquired companies, jointly known as HLX, offer a range of mobile applications and web-based health and wellbeing solutions for corporate employees and retail customers. These solutions include health risk assessments, physical activity and biometric tracking, behavioral change challenges that reduce lifestyle risk, sophisticated rewards system and personalised content around physical, mental, financial and social health.

Zurich said it has worked closely with HLX since 2018 in Australia, Brazil and most recently in Spain. The transaction will strengthen Zurich LiveWell’s technology, data analytics and multimedia content delivery capabilities.

Helene Westerlind, CEO of Zurich LiveWell, said: “The acquisitions will boost Zurich’s capabilities to deploy innovative health and wellbeing offerings to customers across markets globally with a scalable and modular proposition, aligning with the accelerating global adoption of health technology. We share a strong passion and the objective of truly empowering people to improve their health and wellbeing by providing them with a personalized and unique proposition. This is a perfect match for Zurich LiveWell, and we look forward to our journey together.”