AIA partners with Practo

AIA announced the formation of a new long-term partnership between AIA and Practo , India’s digital healthcare platform. AIA’s joint venture in India, Tata AIA Life Insurance Company Limited, will collaborate with Practo through this partnership.

As a result of this agreement, customers of Tata AIA Life can gain preferred access to Practo’s digital healthcare platform. Services available on this platform range from consulting a doctor online to finding and booking appointments for physical visits, as well as using the platform to order medicine and diagnostic tests. Tata AIA Life’s customers will be able to directly access Practo’s network of 70,000 top-tier hospitals and clinics and over 100,000 doctors across India, enabling them to access high-quality and valued healthcare support at any time.

The partnership will also see Tata AIA Life become the exclusive service provider of life insurance solutions and related wellness propositions to 175 million unique users of Practo’s digital healthcare platform. Practo’s users will be able to access Tata AIA Life’s life insurance solutions which are targeted to reduce the protection gap for millions of people in India.

Together, Tata AIA Life and Practo will promote and encourage consumer wellness in India, helping millions of Indians to live Healthier, Longer, Better Lives.

“This partnership is the outcome of AIA’s commitment to providing compelling, integrated and personalised propositions to our customers in India. Practo has an outstanding track record as India’s leading digital healthcare platform and I am delighted that its offerings are now available to Tata AIA Life’s customers. Our partnership with Practo reflects our commitment to the Indian market and our confidence in its long-term prospects given the combination of strong economic growth, rising incomes and low insurance penetration.” – Bill Lisle, AIA Group Regional Chief Executive and Group Chief Distribution Officer.

 “We are excited to partner with AIA, the largest independent publicly-listed pan-Asian life insurance group. We foresee various synergies resulting from this partnership that aligns with our core strategies on many fronts. AIA brings a world-class approach to insurance solutions with its bespoke products and solutions. Its preeminent leadership in the life insurance sector will be extremely valuable to Practo’s current and future customers, who will have access to a range of high-quality life insurance products. By coming together, AIA, Tata AIA Life and Practo will go a long way in leveraging our collective strengths and develop innovative products, allowing us to drive far more impact for our customers.” – Shashank ND, Co-founder & CEO, Practo.