Canara HSBC Life Insurance has partnered with Fedo.ai, an AI-enabled healthtech company, for AI-enabled non-invasive health assessments.
The partnership aims to streamline the underwriting process and reduce onboarding times by offering customers a quick and non-invasive health assessment scan through Fedo's facial scan technology.
Fedo.ai utilizes advanced AI algorithms to analyze 14 key health parameters and offers insights on potential disease risks and projected healthcare costs.
Fedo.ai plans to expand its solutions into healthcare, fitness, and mental health, with a focus on B2B2C and developer-centric distribution strategy.