Digital health case study Insurance
Evaluating a corporate’s major competitors in Digital Health in Asia Pac
Client context: Evaluating a corporate’s major competitors in Digital Health in Asia Pac
Strategic question
An APAC focused insurer wanted to analyse other insurers in the region, in order to identify their competitors key areas of focus, and determine a ‘follow’ or differentiation strategy
Outcomes
Galen Growth conducted an in depth review of a competitive insurer set in four APAC markets. We identified and evaluated the competition’s Digital Health partnerships and investments, establishing a heat map of activity across Therapeutic areas, and HealthTech clusters
Galen Growth then looked at the top competing insurers (measured by number of partnerships) at an aggregate APAC level. We categorised their Digital Health strategic impact, classifying each competitor into “Optimal”, “Misaligned”, “Risky” or “Re-think” based on the maturity of the HealthTech ventures and the fit to the Insurer’s strategic aims. By doing do, our client was able to gain a clearer view of the competitive threat and opportunity in the region
How Galen Growth helped
An APAC focused insurer wanted to analyse other insurers in the region, in order to identify their competitors key areas of focus, and determine a ‘follow’ or differentiation strategy
