Standard Chartered is launching international private medical insurance (IPMI) through Bupa Global as part of a health and wellbeing offering for its highest value banking clients in Hong Kong, Singapore and India.
The deal is expected to be available to the bank’s priority, priority private and private banking clients in the three locations in the coming months.
It is expected the Bupa Global-supported proposition will feature comprehensive IPMI tailored for clients’ life stages and lifestyles and include proactive health management.
Wearables firm Whoop is also part of the health and wellbeing package with its devices enabling access to comprehensive medical-grade insights on relevant health and wellness metrics and personalised wellness coaching and communities, the bank said.
There will also be bespoke offerings for clients through access to events and experiences, insights, and content.
Standard Chartered said the approach had been informed by an in-depth study with 800 of it’s clients in Hong Kong and Singapore.
It added the partnerships were part of its focus on proactive health and prevention alongside providing exclusive experiences for its affluent clients, “reinforcing the increasingly important roles of personal wellbeing and financial wellness in an individual’s overall wealth journey”.
Health & Protection has contacted Bupa Global for more detail.
Holistic view of lives
Samir Subberwal, global head, wealth solutions, deposits and mortgages, and chief client officer at Standard Chartered, said: “We are committed to redefining what wealth means for our clients, extending beyond financial success to encompass long-term health and wellbeing.
“Our new strategic partnerships with Bupa Global and Whoop mark a significant step in that journey.
“By combining trusted medical expertise with active data delivered through cutting-edge wearable technology, we’re empowering our clients to take a more holistic view of their lives, where wealth and wellness go hand in hand.”
Anthony Cabrelli, managing director of Bupa Global, said: “We believe that health is the foundation of a fulfilling life – and that access to high-quality care should be seamless, wherever our clients are in the world.
“This partnership with Standard Chartered reflects our shared commitment to proactive, personalised healthcare that goes beyond treatment to support prevention, mental wellbeing and everyday health.”
Todd Stiefler, VP of enterprise at Whoop adde the partnership reflected a shared vision to integrate proactive health management into every aspect of daily life.
“We’re committed to helping people unlock their human performance, healthspan and wellbeing through data-driven insights and personalised coaching,“ he said.
“Together, we’re empowering clients to make informed decisions about their wellness, using science-backed insights to improve their physical health and overall quality of life.”