Insurance for the New Possible was joined by Abhishek Rathi, International Head of Wellness and Digital Workspaces at Chubb, and Cheryl Tan, Executive Chairperson of Tribe Benefits.
Some of the insights they shared included:
• Wellness is no longer just about one’s physical well-being. It is about achieving balance across various life dimension—physical, mental, emotional, financial, social, spiritual, and environmental well-being.
• While life sciences have historically focused on diagnosing
and treating diseases, advances in health technology are now shaping employee wellness programs too.
• Wellness programs can no longer be “one-size-fits-all.” They stressed the importance of personalization, particularly when dealing with a multigenerational workforce.
• Behaviorial change is one of the most challenging aspects of any wellness program. However, if employed effectively, gamification—using rewards, points, and team-based challenges—can motivate employees to reach their wellness goals.
• The emerging collaboration and partnerships between traditional Insurers and InsurTech companies are not just possible, but necessary.