Launch of the 1st health benefit and insurance tailor-made for startup teams in China

Talents attraction and motivation have long been a headache for startups. A multi-award Shanghai-based insurtech startup provides now an unconventional way to support such needs by crafting StartupCareTM, a health solution firstly targeted for startups.

Shanghai, December 19th, 2018 – The CareVoice, a Shanghai-based insurtech startup announced yesterday the official launch of the 1st health benefit and insurance for startups in China, StartupCareTM, committed to helping startups attract and motivate top talents, and consequently achieve the maximum level of performance.

As an innovative health solution, StartupCareTM combines a premium medical insurance with fully digitalized health and insurance services. Startup business is

running on a high-speed pace so it is critical to have high-performing and efficient teams who are embracing digital world. StartupCareTM rewards physically active teams, provides 24/7 virtual care and fast-track to medical professionals with full reimbursement when needed. All that is available from 200 RMB per staff per month, with different benefits for different levels of staff!

StartupCareTM also transforms the way of designing and promoting employee health benefits. It results from a partnership between Ping An Health, top insurance company in China, and The CareVoice, an established health insurtech providing customer-centric SaaS (software-as-a-service) platform digitizing healthcare journey and working together with insurers to design innovative insurance and improve customer engagement.

“Ping An Health is continuously innovating to bring more personalized and efficient medical insurance products for addressing consumers and employees’ needs across China. As part of our strategy to address specific segment niches and leverage latest technologies, we partnered with The CareVoice for launching this innovative solution for startup teams. Not only their need is rather specific but also the way to engage with entrepreneurs requires totally new approaches. We are very glad for the early results of StartupCare!” Said Alain Peddle, Deputy CEO at Ping An Health.

Since its soft launch in May in Shanghai, StartupCareTM has already gathered nearly 50 local and international startups through unconventional promotion methods, and has established partnerships with leading co-working spaces and startup accelerators such as XNode, Chinaccelerator or WeWork.

“A powerful team is the engine behind any inspiring startup stories, a crucial factor whether your venture will fly or sink. You need to attract top talent, keep them productive and motivated while earning their trust to have your back when things get tough. Building a strong and energetic team can be a challenging task for any startup founders,” said Jan Velich, co-founder & CBO of The CareVoice, “as a startup, we feel the same and are thrilled to launch a fully digital health solution that provides startups with unique values and tailored benefits, ultimately unleashing startup dreams coming through.”

The early clients reviews for StartupCareTM have been enthusiastic. “Entrepreneur is a high risky occupation. Luckily, we get well protected by StartupCare, which

provides tailor-made health solution for startups with convenient health service and cost-effective medical plans,” said Huang Xiaolei, co-founder and CEO of Parkbox, leader in smart 24h fitness cabin pioneering, “ so that we high-risk groups can have fewer worries and dedicated more to business.”

Imagine a scenario where a startup team can enjoy weekly sport competition and got rewarded with vouchers to keep them healthier. When some of its members need medical help, they can simply talk to AI Voice-based Virtual Health Assistant first to find out whether they need a medical visit. If so, they can get supported to find relevant medical providers, get physician appointment and e-reimbursement services, all simply on mobile, a faster access to healthcare resources and unprecedented customer experience.

Sebastien Gaudin, CEO and co-Founder at The CareVoice, explained, “in the course of Ping An Cloud Accelerator we recently graduated, we have been so amazed by StartupCareTM take-off and the need for such product and other insurance and team benefits for startups, that we decided to spin-off this new activity into a new company that is already been backed by our existing shareholders and poised to a great future considering China has already 4 million startups!”

In the near term, StartupCareTM will continue to scale up its business impact, further enhance its current health related offering for startup teams and strive to create more customer value through innovative approaches, to benefit more and more startups!

About StartupCareTM StartupCareTM is a new insurtech startup founded by The CareVoice and its shareholders, aiming to bring more and more innovative health solutions, insurances and benefits for startups and their teams. StartupCareTM crafts the 1st premium health solution specifically targeted for startups, which combines premium medical insurance, exclusive health benefits programs and a series of cutting edge mobile health services to encourage teams to choose a healthy lifestyle and support them for handling efficiently their healthcare needs. Ultimately, we aspire to support founders and their teams to dedicate their energy to grow their startups while preserving their health and life.

Contact Sebastien Gaudin CEO & Co-founder sebastien.gaudin@startupcare.cn