CXA Group set up Tech Hub in Vietnam
CXA Group sets up a Tech Hub in Ho Chi Minh City to support the expansion of its technology business.
Singapore – <17 July 2019> – CXA Group, Asia’s one-stop, AI driven platform for better health, wealth and wellness choices, announced today that it will set up the CXA Tech Hub in Vietnam, as a part of the expansion of its technical capabilities to support its growing multi-product capabilities including its proprietary HealthTech ecosystem.
The Tech Hub will focus on enhancing its core capabilities in the area of AI, machine learning and accelerating its product, development, micro service capabilities which are currently serving more than 400,000 employees, Fortune 500 companies and partners across 20 markets.
Said Rosaline Chow Koo, Founder and CEO of CXA Group, “we are in a unique position as the only solution which provides a tech platform delivering a seamless end-to-end experience from insurance, health, banking & wellness.
We have received overwhelming response from clients who wish to use our technology or be part of our eco-system, it’s time for us to expand our development capabilities. Setting up a tech hub in Vietnam provides us access to a large talent pool so we can focus on building state-of-the-art technology.
To lead the rapid tech expansion, CXA brings tech veteran Thorsten Maus, as Head of Information Technology. Thorsten has built tech teams and platforms for e-commerce, payment and financial companies and will oversee CXA’s Tech and Development teams both in Singapore and China and the various CXA tech hubs across the region to help streamline and continually develop and improve our platform.”
Thorsten Maus added, “this is the start of a new chapter for CXA Group. I am excited by the potential of our tech hubs, starting with Ho Chi Minh City. Together with CXA tech teams in Singapore and China, CXA will rapidly scale our product delivery to our customers globally.”
CXA’s platform and eco-system has changed the landscape for HRs and is being rolled out for Banks and Insurers. The company has pioneered a one-stop, self-service platform that allows employers to give their employees access to an ever-widening range of health, wealth and wellness offerings, personalised based on the individual’s health and life-stage data. Employees can draw down on duplicate insurance policies provided by their employers or spouse’s employers and use funds that are then released into the platform’s e-wallet to increase the balance in their e-wallets, and to purchase these offerings with cashless, fast and easy transactions.
Through the aggregation, anonymisation and analysis of digitised health and life-stage data, CXA helps employers get to the root cause of their workforces’ health issues and design specific interventions – such as corporate wellness and disease management initiatives. As part of its health ecosystem, CXA integrates directly with clinics, giving clients and partners a savings of up to 25% on outpatient costs.
17 July 2019
About CXA Group:
CXA Group is Asia's one-stop, predictive and data intelligence platform for better health, wealth and wellness choices. Through the CXA platform, employers can empower employees with access to personalised health and lifestyle offerings, with clear and quantifiable ROI for the business. Founded in 2013 with the mission of transforming the delivery of employee benefits from pen-and-paper and one-size-fits-all to a digitised and personalised platform, the company aims to shift healthcare spend from treatment to prevention, to improve workplace population health.
Driven by a team of industry veterans with extensive leadership experience across Asia's human resource, insurance, finance, healthcare and technology industries, CXA serves more than 600 enterprises, including Fortune 500 companies, and more than 400,000 employees in 20 countries. CXA has received recognition as InsurTech of the Year from the Asia Insurance Industry Awards and was among the top three most impactful innovations at the Singapore Digital Techblazer Awards.