CXA Group

CXA Group is Asia’s one-stop, predictive and data intelligence platform for better health, wealth and wellness choices. Through the CXA platform, employers can empower employees with access to personalised health and lifestyle offerings, with clear and quantifiable ROI for the business.

CXA enable employers to leverage their existing healthcare and insurance spend to pay for flexible benefits, corporate wellness and disease management initiatives in order to improve health, combat chronic disease and reduce costs while allowing for employee personalization via an e-wallet and AI.

Headquartered in Singapore, CXA achieved revenue growth of 65 percent in 2018 and is expected to double that in 2019. It announced a funding round in March 2019 of USD 25 million. This follows US$33 million in total funding from Series A and B in 2015 and 2017 respectively. CXA’s investors include HSBC, Singtel Innov8, Telkom Indonesia MDI Ventures, Sumitomo Corporation Equity Asia, Muang Thai Fuchsia Ventures, Humanica and Heritas Venture Fund B Capital Group, Openspace Ventures, Government-linked strategic investor EDBI, BioVeda Capital, FengHe Asia, Philips and RGAx.

Driven by a team of industry veterans with extensive leadership experience across Asia’s human resource, insurance, finance, healthcare and technology industries, CXA serves more than 600 enterprises, including Fortune 500 companies, and more than 400,000 employees in 20 countries.

CXA has received recognition as InsurTech of the Year from the Asia Insurance Industry Awards and was among the top three most impactful innovations at the Singapore Digital Techblazer Awards. Company were also voted Best Corporate Wellness Consultant and Best Compensation & Benefits Consultant, Best Corporate Employee Rewards and won the Asian Insurance Innovation Award. CXA was one of only 7 global health tech startups to be selected to join the Innovations in Healthcare network founded by Duke Health, McKinsey & Co., and the World Economic Forum.

A game-change for the better

They’re not bound by worn traditions or ‘the way it’s always been done’. Modern business needs new and more effective ways to manage the health and wellbeing of an ever-diversifying workforce.

From a modest start in 2013, when they had just three Fortune 500 clients, CXA has grown to become Asia’s leading Insurtech start-up - affirmed by over 600 clients and backed by a group of astute investors who understand the value and transformative potential of CXA’s groundbreaking platform.

Get all the benefits you need with CXA's portal

Traditional one-size-fits-all benefit programs are often underappreciated. With CXA's easy-to-use flexible benefits portal, employees will be able to understand, appreciate, and enjoy their benefits fully.

Decision-making made easy

As benefit programs become increasingly complex, choosing the right plans can be difficult. CXA transforms the benefit selection process into a familiar online shopping exercise. With product descriptions that are free of jargon and an eWallet that reflects prices and account balances in real time,employees will come to enjoy the entire experience.

With more than 1,000 products across 14 categories, CXA offers discounts and deals that will make employees smile. Whether employees value gym equipment, health supplements, vacations, or products for their children, wellness e-marketplace is bound to have something for employees. CXA continue to establish partnerships every day, in order to provide even greater choice and a satisfying employee experience.

Better understand health risks

CXA use advanced software to analyse biometrics, key work/life events, past purchase behaviour, concerns, and goals, and provide recommendations to address specific health risks.

Track employees year-on-year progress

Health screening results include colour-coded biomarkers to highlight key areas for improvement and encourage employees to reach their goals.

Access all things wellness and benefits related. Anytime. Anywhere.

Smartphone ownership and usage is skyrocketing. That's why they ensured that portal is mobile-responsive, developed very own mobile apps, and made them available 24/7/365. Do everything benefits-related - checking policy documents, submitting claims, purchasing insurance and wellness products, and more - at their complete convenience.

Wellness in action

CXA implemented it’s Diabetes Awareness and Management programme for a company in Asia. The CXA platform tracked participation and financial incentives were implemented. Programme highlights were as follow:

• Employees received incentives up to $5000 per participant from the Insurer
• Company provided subsidies to support employee participation
• Statistics prove the reduction of complications and premature death
• Productivity and morale improved.