FitSense acquired by Australian company Cover-More Group
The International Travel and Health Insurance Journal (ITIJ), which covers news on the global insurance industry, reported that the Cover-More Group in Australia has acquired a majority stake in FitSense, SeSaMe's spin-off company. The FitSense technology provides life and health insurance companies with a platform to analyze customer data captured from their smartphones and wearables thus enabling the personalization of insurance offerings. The article can be retrieved from ITIJ's page here: https://www.itij.com/story/13765
Previously, FitSense had received recognition from the InsurTech 2016 conference and Global Fintech Hackcelerator organized by the Monetary Authority of Singapore.