EP 26: Should Every Employee Have a Personalized

Wellness Plan?

30 October 2024

Insurance for the New Possible was joined by Abhishek Rathi, International Head of Wellness and Digital Workspaces at Chubb, and Cheryl Tan, Executive Chairperson at Tribe Benefits from L’tria.

Some of the insights they shared included:

  • Wellness is no longer just about one’s physical  well-being. It is about achieving balance across various life dimensions—physical, mental, emotional, financial, social, spiritual, and environmental well-being.
  • While life sciences have historically focused on diagnosing and treating diseases, advances in health technology are now shaping employee wellness programs too.
  • Wellness programs can no longer be “one-size fits-all.” They stressed the importance of personalization, particularly when dealing with a multigenerational workforce.
  • Behaviorial change is one of the most challenging aspects of any wellness program. However, if employed effectively, gamificatio— using rewards, points, and team-based challenges—can motivate employees to reach their wellness goals.
  • The emerging collaboration and partnerships between traditional Insurers and InsurTech companies are not just possible, but necessary.
  • Wellness is no longer just about one’s physical  well-being. It is about achieving balance across various life dimensions—physical, mental, emotional, financial, social, spiritual, and environmental well-being.
  • While life sciences have historically focused on diagnosing and treating diseases, advances in health technology are now shaping employee wellness programs too.
  • Wellness programs can no longer be “one-size fits-all.” They stressed the importance of personalization, particularly when dealing with a multigenerational workforce.
  • Behaviorial change is one of the most challenging aspects of any wellness program. However, if employed effectively, gamificatio— using rewards, points, and team-based challenges—can motivate employees to reach their wellness goals.
  • The emerging collaboration and partnerships between traditional Insurers and InsurTech companies are not just possible, but necessary.

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Cheryl Tan

Cheryl Tan

Executive Chairperson at Tribe Benefits from L’tria.

With an international career spanning over three decades in the life sciences industry, Cheryl had the privilege of working with esteemed organizations, including GlaxoSmithKline, Abbott, and Sanofi. She holds a degree with upper honors from the School of Pharmacy , NUS and an MBA from the London School of Economics. Her professional journey is complemented by a deep passion for advocating for disadvantaged women and children. Cheryl is actively involved as a board member of various professional associations and non-profit organizations, where she strives to make a meaningful impact in the community.

Abhishek Rathi

Abhishek Rathi

International Head of Wellness & Digital Worksites at Chubb Overseas General

Abhishek Rathi is the International Head of Wellness and Digital Worksites, Chubb Overseas General. He has more than 22 years of experience in Consumer products and Insurance industry, spanning sales, sales strategy, P&L ownership, and driving business and digital transformation in multi-national insurers like Prudential plc, MaxLife, MetLife and Prudential Financial across their international markets. He has been a key architect of insurance industry embracing digitization, adopting industry’s first tablet-based sales prospecting, and leveraging technology for creating sustained differentiation using Virtual reality and AI based customer servicing (India).

More about Chubb Partners :

Chubb’s partners include leaders in retail, e-commerce, banking, fintech, airline, telecommunications and other industries. We co-create and design digital insurance solutions for their customers – individuals and businesses of all sizes.

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