Hancock, Amazon team up on health-measurement device
From The New England Council (newenglandcouncil.com)
Boston-based John Hancock Life Insurance Co. has formed a partnership with Amazon on the tech giant’s recently unveiled Halo band, a wearable device that will track a variety of activities such as exercise and sleeping patterns.
John Hancock life-insurance policyholders will be able to earn rewards and premium discounts based on their use of the new technology. Use of the new technology is intended to help policyholders embrace healthier living habits. The insurer is not new to incorporating technology into its business model, and has existing partnerships with both Apple Inc. and Google parent company Alphabet Inc.
“Integrating Amazon Halo into our life insurance ownership experience will enable us to continue to transform the role our industry plays in our customers’ lives,” said Brooks Tingle, President and CEO of John Hancock Insurance in a press release. “At John Hancock, we believe a life insurance company is in a unique position to help customers live longer, healthier lives, and by integrating Amazon’s new health and wellness technology into our program, we can create a more meaningful, engaging and holistic experience for our customers.”
Read more from the Boston Business Journal.