Telco U Mobile has signed a memorandum of understanding (MOU) with insurance provider Sun Life Malaysia to enhance digital health in Malaysia. The latest MOU will see the two companies collaborate to explore 5G trials on digital health use cases, potentially build a digital health ecosystem, and venture into the possibility of setting up a digital health innovation incubator and accelerator focused on providing funding, relevant mentorship and investment resources to selected digital health content developers and providers.
The MOU was signed by Wong Heang Tuck, U Mobileâ€™s CEO and Raymond Lew, Sun Life Malaysiaâ€™s CEO and president/country head. It signifies the extension of an existing partnership, allowing the possibility to explore and expand into the digital health space through 5G testbeds and trials.
One such example may include U Mobile potentially working with Sun Life Malaysiaâ€™s network of medical providers on remote healthcare use cases. Another trial could see the use of analytics and machine learning for wellness monitoring so that deeply personalised wellness recommendations may be presented to end user.
â€śWe are working to conduct testbeds and trials in various business verticals to attain relevant insights to minimise challenges when we roll-out,â€ť Wong said. â€śWe truly believe advances in technology and connectivity will enable healthcare services to be more accessible and inclusive than ever. We hope through this latest partnership, U Mobile will be able to bring even greater benefits to Malaysians through 5G technology,â€ť he added.
â€śTechnology offers immense opportunities for us to build a sustainable business, as shown through the existing digital distribution of our insurance products through leveraging on U Mobileâ€™s infrastructure and network. We believe that this expanded collaboration will give us access to the potential of 5G technology and we can be at the forefront to give Malaysians smarter, simpler, and more cost-effective insurance solutions and services,â€ť Lew said.