Page 33 - Insurance Times July 2023

cardiovascular health, weight management, and overall will be increased accuracy and reliability of health data
physical fitness. Looking ahead, the future of health tech holds collection, further enhancing the ability to provide
even more exciting possibilities, with advancements in areas personalized insurance solutions based on individual health
such as biometric sensing, artificial intelligence, and routine profiles. Additionally, insurance companies can leverage the
data collected by wearable devices to incentivize policyholders
efficiency on the horizon.
to adopt healthier lifestyles through rewards and discounts,
Wearable tech has revolutionized the way we approach leading to improved overall health outcomes.
health and wellness. These devices have become
indispensable tools, empowering individuals to make As we integrate innovative technologies into insurance
informed choices about their lifestyle and health. The offerings, we have the opportunity to enhance the accessibility
partnership between J.B.Boda/RB Ventures and Actofit of healthcare, promote proactive healthcare practices,
represents a significant step forward in advancing the streamline operations, and improve cost efficiency. Embracing
capabilities of wearable tech and its integration with the digital revolution requires collaboration among
stakeholders to unlock its full potential and establish a future
insurance services. As technology continues to evolve,
where healthcare is accessible, affordable, and effective for
wearable tech holds immense potential in empowering
everyone. With the ongoing evolution of technology, wearable
individuals to lead healthier lives and transforming the
health tech is poised to continue transforming the healthcare
healthcare landscape.
landscape, empowering individuals to lead healthier lives and
With the continued advancement of wearable devices, there fostering a more connected world.

PRESS RELEASE

Green Delta Insurance inks deal with United Aygaz LPG Ltd. to offer
insurance benefits for their Distributors and Retailers

Green Delta Insurance and United Aygaz LPG Ltd. have recently signed an
agreement. Through this partnership, Green Delta will be offering micro-
Health insurance for the distributors, retailers & delivery persons of United
Aygaz LPG Ltd., which will cover IPD (hospitalization), OPD, death and
disability coverage, and tele-consultation etc.

Additional Managing Director of Green Delta Insurance - Syed Moinuddin
Ahmed, and CEO of United Aygaz LPG Ltd. - Ahmet Ercüment Polat, signed
the agreement on behalf of their respective organizations. In addition,
top-level executives from both organizations, namely, Md. Moniruzzaman
Khan - Head of Digital Business of Green Delta Insurance, HarunOrtaç -
Chief Financial Officer of United Aygaz LPG Ltd. and other concerned
officials from both organizations were also present at the agreement signing ceremony held on 18 June 2023.

Syed Moinuddin Ahmed, Additional Managing Director of Green Delta Insurance shared, "This agreement is the first of its
kind in the LPG industry to cater to the healthcare and wellness needs of the retailers of the industry and we are really excited
to be part of this initiative. We hope this initiative would contribute to attaining SDG goals such as Good Health and Well-
Being, Decent Work and Economic Growth, Reduced Inequalities, Partnership for Goals and thus outline a new standard of
value chain partners' welfare in Bangladesh."

CEO of United Aygaz LPG Ltd. - AhmetErcümentPolat shared, "This initiative marks a groundbreaking milestone in the LPG
industry as it focuses on considering the well-being of all individuals involved in our supply chain, not just our employees. We
view this partnership as a responsibility rather than a mere corporate social responsibility (CSR) activity, as it enables us to
safeguard the welfare of individuals across various sectors. The distributors and the retailers are very crucial parts of our
value chain. They are the contact points with our customers. That's why we are giving so much importance to their life and
health. We are very proud of realizing this very important project as a first in LPG Industry in Bangladesh. We want to be the
pioneer company with such kind of differentiation and also value adding projects in the industry."

30 July 2023 The Insurance Times