ITC DIA Europe

Garmin Health: Working to improve people’s health and wellness through accurate wearable insights

Written by Roger Peverelli and Reggy de Feniks - Founders The DIA Community on Aug 22, 2023

Helping people to live healthier lives and improve their overall health and well-being has proven to be one of the keys to preventing illness and chronic conditions, and ultimately reducing medical costs. Wearable devices can play an important role in these initiatives, helping to measure and keep track of users’ behaviours, but also nudging and encouraging them to reach their goals – and rewarding them when they do. Wearables also allow insurers to augment their traditional underwriting dataset with additional physiological endpoints, enabling them to transition from a static underwriting process to a continuous, long-term assessment that provides the ability to engage and affect behaviours and outcomes in a positive way.

Garmin Health is a leading provider of digital health solutions. These solutions leverage the data and insights of the Garmin product ecosystem provider for insurers that leverages wearable devices, which are known for their extended battery life and accurate biometric sensor data. Garmin devices are designed to help people improve their health and well-being. They help insurers by providing solutions that leverage the high-quality sensor data that Garmin wearables produce, for applications in corporate wellness, population health and patient monitoring. The wealth of high-quality biometrics, gathered from Garmin wearables, can help deliver more accurate underwriting insights for insurers, help them develop more competitive pricing and open the possibility for new innovative products and savings for clients, based on their lifestyle choices.

How it works

Garmin wearables stand out due to their long battery life, durability, quality and accuracy of generated information. Life and re-insurance companies have been working with Garmin Health, a leading provider of digital health solutions that leverage the data and insights of the Garmin product ecosystem, to leverage Garmin wearable devices to stratify risk and improve their margins. The end goal for Garmin Health is to find and relieve insurance companies’ pain points through their comprehensive data ecosystem, allowing insurers to use the data generated through Garmin’s wearable sensor technology.

Garmin devices are often being used in corporate wellness programs Garmin has invested in connectivity solutions such as the Garmin Health API and the Garmin Health SDKs to provide maximum flexibility for partners to access this data. Combined with a global distribution network, Garmin Health offers a wide scope of services across several industries including Health Care, Insurance, Research and Clinical Trials, Gym and Fitness and Corporate Health Benefits.

Whether it be customer acquisition, health promotion, risk assessment, or selective prevention control, Garmin Health has access to thousands of organizations to find the perfect solution. With the ability to bring wearable devices to customers anywhere around the globe, Garmin Health is dedicated to helping insurers offer the best health solutions for its customers and has the software services and developer support to help make Garmin’s wearables an integral part of insurers’ programs.

Source Garmin Health

Why we selected Garmin Health for ITC DIA Europe

Garmin’s Business Development Manager Health B2B EMEA, Jake O’Connor, took the stage at ITC DIA Europe in Barcelona to present a vision brief, for which they won an ITC DIAmond award. Wearable data is still an emerging trend in the insurance space and many companies have a desire to use wearable innovations as part of their services, but don’t quite know how or what is possible. Garmin Health can help insurers to embed wearable solutions into their products and enhance not only the generated data, but also help provide the insurers’ customers with recommendations and solutions on how to live and maintain healthier lives.

Who is Garmin?

Garmin was founded in 1989 by Gary Burrell and Min Kao. Garmin has sold over 252M+ products and has tens of millions of Garmin Connect users around the globe. Garmin has over 19,000 employees globally and 82 offices in 33 different countries. Garmin brings GPS navigation and wearable technology to the automotive, aviation, marine, outdoor and fitness markets.

“Garmin Health’s mission is to help improve people’s health by leveraging Garmin’s world-class devices, providing a connected ecosystem, and supporting the development of software products that help enable the detection and management of significant medical conditions.”

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