CXA Group, an AI driven platform for better health, wealth and wellness choices, announced 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.
Re-disseminated by The Asian Banker