Verily’s new insurance subsidiary will leverage its health gadgets

Alphabet’s Verily has announced plans to launch Coefficient, a health insurance subsidiary that will eventually leverage Verily’s various technologies and health-related devices. The insurance subsidiary will be backed by Swiss Re Group’s Swiss Re Corporate Solutions commercial insurance unit. According to Verily, its Coefficient will, among other things, offer ‘novel insurance and payment models.’ Verily Life Sciences is a health-centric … Continue reading

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