PRESS RELEASE
SEPTEMBER 4, 2023
THE FINANCE INNOVATION COMPETITIVENESS CLUSTER LABELED THE PROJECT
ASSOCIATION OF PREDILIFE BALANCE SHEETS WITH PROVIDENCE CONTRACTS
Villejuif, France, September 4, 2023 at 08:00 CET – PREDILIFE
(Euronext Growth: ALPRE FR0010169920), a specialist in artificial intelligence methods used to predict the risks of pathologies for personalized medicine, has taken a new step with the labeling by the Finance Innovation competitiveness cluster of the project to associate its balance sheets with pension contracts.
The Finance Innovation label, a springboard for innovative projects with high added value
Created in 2007 by the State, Finance Innovation is a global competitiveness cluster at the heart of the financial ecosystem in France and abroad. Its purpose is to bring together innovative companies and established players in the financial sector. With a broad spectrum of expertise (Banking, Sustainable Finance, Real Estate, etc.), Finance Innovation supports the Insurance sector in particular in themes related to Health and Prevention, Big Data, insurtech and at the IOT.
A guarantee of recognition and legitimacy with players in the financial ecosystem, the Finance Innovation Label facilitates any fundraising initiatives and the development of the companies supported in France, Europe and internationally.
Predilife balance sheets, active pension projects combining medicine and finance
Innovating in health insurance and improving prevention services now represent real challenges for insurance players. Several studies
1
also point to the need to change the insurer-insured relationship and strengthen the value proposition.
It is in this context that the Predilife offer, combining provident insurance and prevention of the main pathologies, was selected by the Finance Innovation division. Joining the medical plan and the financial plan should, on the one hand, enable insurers to reduce the costs of Health and Welfare contracts and, on the other hand, allow Predilife to integrate its medical offer into an established financial and accounting framework. This will also make it possible to measure the benefit of its medical service thanks to patient monitoring and to improve its efficiency thanks to artificial intelligence tools.
Predilife detailed the “Active pension” project with the Finance Innovation global competitiveness cluster, which certified it before presenting it to the various market players.
Health insurance and Provident represents a market of 64 billion euros in France
2
with an internationalizable business model. Most companies offer health and provident insurance contracts to their employees.
Stéphane Ragusa, CEO of PREDILIFE declares: “
The recognition of our active pension plan by the Finance Innovation competitiveness cluster illustrates the transformation of the health and pension insurance market in the era of Data. This approach combining medicine and finance should make it possible to disseminate in France and internationally these solutions for anticipating the main pathologies. It will allow us to quantify our value proposition and insert this offer into an established market on a very large scale”.
1. Innovate study: https://www.pwc.fr/fr/publications/sante-et-protection-sociale/innover-dans-l-assurance-sante.html
2. https://www.franceassurances.fr/nos-chiffres-cles/assurance-sante-et-prevoyance/etude-statistique-assurance-sante-prevoyance/
About PREDILIFE
PREDILIFE is a pioneer in the design and development of predictive tests intended to prevent the main diseases. It uses artificial intelligence methods applied to clinical and genetic medical data in a secure legal framework. The prediction of these individual risks makes it possible to propose a personalized monitoring protocol and earlier identification of pathologies.
For more information: www.predilife.com
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contacts PREDILIFE Investor Relations Stephane Ragusa CAPVALUE Press Relations |
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Full and original press release in PDF format:
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