Description of Innovation

Across South and Southeast Asia, healthcare costs, including employer insurance schemes, are rapidly escalating due to chronic disease hitting Asia 10 years before the West. Employees are given one-size-fits-all benefits which does not suit young healthy employees or dual income families with overlapping benefits. CXA Group also provides workplace wellness, disease management interventions and data analytics to help employers improve workforce health and reduce healthcare costs.

CXA has over 500 corporate clients, aggregated more than 800 wellness providers and currently serves 100,000 individuals through the platform. They are currently valued at over USD $100M after raising $33M in VC funding. They have won innovations awards in HR, insurance and healthcare.