NEW YORK, November 23, 2021 / PRNewswire / – Aaliance Insurance (“Aaliance”) has joined ETAO to provide health insurance solutions that complement ETAO International Group (“ETAO”) a fully integrated digital healthcare ecosystem that includes medical, pharmaceutical, research and insurance services. Alliance’s insurance products meet patients’ needs by facilitating access to ETAO’s high – quality medical services at a reasonable cost to the patient. Alliance’s insurance customers seek superior health management, disease prevention, diagnosis and high quality treatment. ETAO’s digital healthcare system provides solutions to their concerns. This partnership between ETAO and Aaliance strengthens healthcare maintenance services, while at the same time leading to cost reductions for both ETAO’s customers and Aaliance and ETAO.
Alliance’s mission is to provide readily available health insurance combined with better health management. Through its integration with ETAO’s value-added medical services, Aaliance strengthens ETAO’s comprehensive healthcare ecosystem. ETAO’s healthcare management and medical solutions provide valuable and satisfactory solutions to the medical needs of Alliance’s insurance customers. This all-inclusive care provides greater convenience for the insured and increased customer retention. Not only can patients access the medical and pharmaceutical services provided by ETAO, they also benefit from the insurance provided by Aaliance Insurance to receive the better treatment and financial support needed to pay for comprehensive and advanced treatment options.
Kenneth Liang is an independent board member of ETAO International Group and Chairman of the Nomination Committee. As a previously experienced executive manager in AIG Asia, he has over 40 years of experience in international insurance and was director of TW Insurance Brokers Co., Ltd.– Taiwan for six years focusing on business expansion and regional market penetration strategy, recruitment and succession plans. Sir. Liang say:
“Although the Chinese medical services market is huge, it is also fragmented. Even small innovations can greatly affect the market and lead to significant market advantages. The ETAO-Aaliance partnership enhances the innovative medicine plus insurance business model that pioneered the industry unicorn Meditrust ( meditrusthealth.com), Medbank (medbanks.cn) and Yuanxin Healthcare Technology (www.beijingyuanxin.com).
The partnership’s superiority comes from combining ETAO’s unique blend of domestic and foreign medical resources and digital medical capabilities with Alliance’s innovative business model for insurance and healthcare management. The partnership will drive patient-centered synergies that cannot be easily copied by other competitors and will support their market expansion. ”
Today, the average person in China have few options for supplementary health insurance. The ETAO-Aaliance Partnership sees a large market for their products that will address the Chinese Government’s priority of “avoiding poverty caused by disease and avoiding the return to poverty caused by disease.” So far, Aaliance Insurance has already provided these insurance services to the following cities, including Tai’an and Zaozhuang in Shandong Province, Anyang ind Henan Province, Xiamen in Fujian Province, etc. With the ETAO and Aaliance partnership event, millions of urban and rural residents will benefit in 2021-2022. The partnership helps ETAO’s customers avoid financial distress due to illness and enables them to receive excellent care that can reduce the risk of serious illness, reduce the number of insurance claims and reduce the cost for insurers.
About ETAO International Group
ETAO International Group (“ETAO”), en Cayman Islands company, aims to be the world’s leading digital healthcare group providing telemedicine, hospital care, primary care, pharmacy and health insurance covering all stages of life of patients. The “ETAO” label means “Best Medical Way” with transformative medical treatment and unsurpassed service. ETAO provides the best Internet medical services, such as artificial intelligence and big data technologies, to improve the delivery of healthcare and quality in specialized clinics and hospital environments. ETAO’s platform is seamlessly integrated due to its ability to combine technology and health sciences. ETAO’s US subsidiary was established in December 2017 in Delaware USA, and its wholly owned subsidiary Fangzhou Yidao (Beijing) Health Technology Co., Ltd. (“ETAO China”), was established in Beijing in July 2019.
About Aaliance Insurance
Founded in 2010 and headquartered in Shanghai, Aaliance insurance broker is a large national professional insurance broker company approved by China Insurance Regulatory Commission, mainly engaged in insurance, reinsurance brokerage and risk management consulting business. Aaliance insurance broker focuses on comprehensive insurance services, goes deep into the scene, customizes products and builds a truly comprehensive insurance service platform by virtue of O2O (online and offline) three-dimensional services. Aaliance is China leading third-party insurance integrated service platform and it is National Insurance Broker Ranking – 16th in 2019 and is 3rd on the ranking of insurance brokers in Shanghai in 2019. The company covers 80% of the ordinary insurance products from 80% of the ordinary insurance companies in the market and delivers rich product resources and program portfolio.
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SOURCE ETAO International Group
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