Working tirelessly to safeguard the health and well-being of others, medical professionals are at the forefront in this fight against the coronavirus. At a time when not much was known about the new virus, Hong Kong cannot forget that 360 of our hospital workers contracted SARS in 2003, a figure that represented 20.5% of all cases in Hong Kong. When medical workers and their own family members often need as much care and assistance as the patients, Cyberport incubatee and InsurTech firm Bowtie offers additional health coverage and peace of mind to those who dedicate their lives to help others most in need.
Timely additional insurance coverage offered to medical professionals
A former participant in the Cyberport Creative Micro Fund and Incubation Programme, Bowtie is the first company to be issued a virtual life insurance company licence in Hong Kong. The reason behind the development of InsurTech seemed simple enough—to save costs by reducing the intermediaries and complicated procedures due to needlessly excessive paperwork.
At these critical times, the advantages of a virtual insurer become even clearer. Bowtie offers medical professionals the convenience of obtaining insurance protection for themselves and their family members with streamlined procedures without the need to meet up with their insurance agent or broker. All procedures are done digitally and anyone can access the service anytime, from anywhere.
Specifically for medical professionals, Bowtie offered a range of voluntary health insurance scheme benefits to frontline medical workers, first at the Hospital Authority's various institutions. Later, these same benefits were extended to relevant professionals working at private hospitals and other institutions, including medical and healthcare students performing clinical duties, as well as frontline delivery workers whose services are needed for viral testing.
- Digital portal featuring a range of epidemic fighting information registered over one million visits in February.
- Offered 100,000 hand sanitising rubs, all developed in Hong Kong.