DavidShield App Awarded Winner of “Most Innovative Use of Technology in Global Mobility”
LONDON, September 20, 2016
DavidShield, a privately-held Managing General Underwriter and Administrator (MGU/MGA) and a leader in expatriate health insurance, announced today that its DavidShield App – the only health insurance application to authorize prepaid medical expenses and within a minute – won the award for “Most Innovative Use of Technology in Global Mobility” at the FEM APAC 2016 Summit.
The DavidShield App, used in conjunction with the DavidCard, a personal magnetic card linked to a Visa or MasterCard infrastructure, provides members with a unique platform for obtaining a wide range of medical services, including receiving prepaid funds for medical needs. The technology eliminates the need for PPO/network arrangements, claims for reimbursements, multiple receipts and all the other inconveniences associated with current global health care delivery systems. It is a cashless and borderless solution used for accessing medical services in over 95 countries worldwide.
The revolutionary app also utilizes Big-Data and analytics tools to produce a ranking based search engine, providing members with access to a social review and rating system of medical providers across the globe. The system’s analytic tools also allow for advanced detection of claim fraud.
“We are honoured to receive the EMMA award. The acknowledgement validates our concept of delivering hassle-free healthcare through innovative technology solutions,” said Ilan Gat, CEO of DavidShield. “With the DavidShield App, our members receive prepaid medical funds within one minute and are given full autonomy in making informed decisions about their healthcare. The app’s integration of a social rating system sets precedent in our field by providing members with real-time knowledge to assist in their selection of a medical provider.”
Founded in 2000, with offices in Europe, North America and Israel, DavidShield is a leader in the field of expatriate health insurance and together with White Mountains Insurance Group is the parent company of PassportCard – a leader in the field of travel insurance. DavidShield provides international medical insurance and health care management services (ASO) to employers, insurance companies, government institutions and NGOs in over 95 countries. The company’s technological innovation has been recognized by Phocuswright with an award for Travel Innovation (2014), EMMA awards for Innovation in Global Mobility (2014 & 2016) and the paybefore award for best non-US based prepaid program (2012).