For insurers that need to offer innovative data-driven insurance products with targeted wellness and educational features, Veedata is a platform that collects and analyzes health and lifestyle data from wearable devices and smartphones, offers predictive analytics and supports an insurer's efforts in lowering their risk by engaging policyholders onto modifying their risk factors.

Our mission is to help insurers embrace Insurance 2.0 and become leaders in the InsurTech movement.

Veedata uses machine learning for recognizing and measuring individual risk factors and health indices. These measures are correlated with health status and outcomes such as hospitalization, surgery, short/long term disability, critical illnesses, prescription drugs, etc. Upon establishing these correlations, Veedata helps insurers predict future health outcomes and mortality by calculating an individual frailty index based on the number of health deficits.

Our solutions:
1. Do you need to integrate wellness ...
For insurers that need to offer innovative data-driven insurance products with targeted wellness and educational features, Veedata is a platform that collects and analyzes health and lifestyle data from wearable devices and smartphones, offers predictive analytics and supports an insurer's efforts in lowering their risk by engaging policyholders onto modifying their risk factors.

Our mission is to help insurers embrace Insurance 2.0 and become leaders in the InsurTech movement.

Veedata uses machine learning for recognizing and measuring individual risk factors and health indices. These measures are correlated with health status and outcomes such as hospitalization, surgery, short/long term disability, critical illnesses, prescription drugs, etc. Upon establishing these correlations, Veedata helps insurers predict future health outcomes and mortality by calculating an individual frailty index based on the number of health deficits.

Our solutions:
1. Do you need to integrate wellness programs into your insurance products? Veedata’s social wellness platform engages policyholders in maintaining a healthy lifestyle while reducing risk to insurers. Veedata tracks modifiable
risk factors and allows users to set goals for reducing risk factors while receiving incentives for behavioral change.
2. Do you need to validate your strategy? Veedata has extensive experience conducting pilot projects that can support an insurer’s efforts in validating wearable measures such as quantifying correlations between wearable measures and health status, and quantifying the predictive level of wearable measures with respect to future health outcomes, frailty and mortality.
3. Do you need to develop a strategy? With a proven record, Veedata can provide consulting services for developing a business strategy that includes a step-by-step roadmap for incorporating wearable technology into insurance products and a risk/benefits analysis.

About us:
Veedata is a start-up with operations in Toronto and Waterloo, Canada. Veedata was founded by insurance professionals and researchers from the University of Waterloo. Veedata is currently conducting pilots with researchers in the departments of Kinesiology and Psychology at the University of Waterloo.
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