Zhonghong Insurance and Haodf Online Forge Strategic Partnership to Integrate Medical, Pharmaceutical, Insurance, and Wellness Ecosystems
VCBeat (WeChat ID: vcbeat) has learned that on September 24, Manulife-Sinochem Life Insurance Co., Ltd. (“Manulife-Sinochem”) announced a long-term strategic partnership with Haodf.com, a leading internet healthcare platform in China. As a life insurer with deep roots in the health sector, Manulife-Sinochem’s strategic collaboration with Haodf.com marks a significant milestone in the implementation of its health management strategy. Meanwhile, Manulife-Sinochem’s shareholder, Manulife Financial Corporation (“Manulife”), has also completed a strategic investment in Haodf.com.
As China’s leading internet healthcare platform, Haodf Online boasts the largest, highest-quality, and most active physician community in the country. Currently, 210,000 real-name registered physicians provide services such as disease consultation, online follow-up visits, appointment referrals, post-consultation management, and health education, with 87% holding the title of attending physician or above and 73% affiliated with Grade A tertiary hospitals. Manulife-Sinochem Insurance customers will have the opportunity to access comprehensive medical services for their entire families provided by Haodf Online, including family doctor services, telephone consultations, hospitalization arrangements, and specialist care. Meanwhile, targeting Haodf Online’s user base of over 56 million individuals with healthcare needs, Manulife-Sinochem Insurance’s products and services will help enhance the platform’s integrated service capabilities and core value.
“Health insurance markets are flourishing across many countries and regions in Asia,” said Hua Kangyao, President and Chief Executive Officer of Manulife Asia. “Our customers demand high-quality, efficient healthcare services, which is why we are investing in digital health platforms—as exemplified by the strategic partnership between Manulife-Sinochem Life Insurance and Haodf Online. We aim to leverage technology to help our customers achieve better health management.”
Zhang Kai, CEO of Manulife-Sinochem Life Insurance, stated, “By forming an alliance with leading domestic internet healthcare service providers, Manulife-Sinochem will leverage its pioneering MOVE health management platform as a strategic fulcrum to integrate the four key sectors of ‘medical care, pharmaceuticals, insurance, and wellness,’ thereby comprehensively building the MOVE health ecosystem. Our customers, distributed across a wide geographic area, will be able to access premium medical resources and health services from Haodf Online. Meanwhile, we will gradually embark on a series of explorations centered around products, services, and new models of internet-based healthcare.”
Technological innovation has created significant opportunities for the reform and development of smart healthcare and the medical and health system. Frontier technologies such as big data and artificial intelligence are playing an increasingly important role in the fields of medical health and security. Wang Hang, CEO of Haodf Online, stated, “I believe that establishing a long-term strategic partnership between Haodf Online and Manulife-Sinochem Life Insurance will further strengthen our position as China’s leading internet healthcare platform. By combining Manulife-Sinochem Life Insurance’s solid foundation built over more than 20 years in health protection with Haodf Online’s medical platform and services, this collaboration is expected to truly drive the shift of medical services from offline to online channels, alleviate geographic limitations in medical resource distribution, and accelerate the internetization and marketization of health management services.”
Digitalization has become increasingly integrated into the daily lives of Chinese citizens. The cross-industry collaboration between insurance experts and internet healthcare providers is poised to bring disruptive changes to both sectors. By leveraging their respective advantageous resources and professional expertise, Manulife-Sinochem Life Insurance and Haodf.com are committed to accelerating the development of a comprehensive health ecosystem, thereby fully supporting the improvement and enhancement of national health standards in China.