Advanced Health Intelligence Ltd. informed shareholders that AHI?s partner, Bearn LLC, (Bearn) has expanded the Master Services Agreement to include revenue sharing with Bearns new User Data Sharing Platform (UDSP). Bearn is set to launch its user-empowered Information Sharing Engine in January 2024, having secured its first major client. This innovative platform, seeded by AHI?s biometric assessment capabilities, has been completed and will be launched in a strategic revenue-sharing partnership.

Bearn?s view of connecting users and providers is not just a step but a leap forward in transforming preventive healthcare, providing cutting-edge solutions tailored for individuals through this unique and personalised screening to intervene and prevent chronic health issues associated with obesity, heart disease, and diabetes. The key to this platform is to engage with everyone, healthy, young, and old, across all lifestyles and demographics. At Bearn, it believe everyone wants to be healthier but lacks access to the tools that can guide them in a personalised direction privately, selecting specific offerings to help them achieve their health goals.

The initial launch will be a user-empowered offering for the insurance industry. In collaboration with AHI, Bearn will release the UDSP, representing a transformative advancement in the insurtech landscape. Tailored for health, group, and life insurance providers, this platform not only conducts comprehensive consumer-based health assessments, including metrics like heart rate, heart rate variability (HRV), stress levels, and overall cardiac and metabolic health, but it also introduces customised solutions in the hands of the users.

By choosing to share their information, users can receive highly personalised health, wellness and insurance offerings. This user-approved information sharing is fundamental to providing users with tailored insurance options and valuable health insights, assisting them in achieving better, healthier lives. Bearn can thus offer potential customers precision-driven products, aligning them with the policy writers that best meet their unique health and wellness needs.