Market Herald logo

Subscribe

Be the first with the news that moves the market
  • U.K.-based telehealth company Doctor Care Anywhere (DOC) has signed a new channel agreement with one of the world’s largest insurance and assistance companies, Allianz Partners
  • This is the company’s first international private medical insurance (iPMI) agreement in Europe, following the expansion of its offering to the Republic of Ireland in October
  • Under the agreement, Allianz European policyholders and dependents will have access to DOC’s digital health services, including virtual GP consultations
  • Doctor Care anywhere is set to launch its services with Allianz in January 2021
  • On the market this afternoon, DOC is up 5.42 per cent and is trading at $1.27 per share

Doctor Care Anywhere (DOC) has signed a new channel agreement with one of the world’s largest insurance and assistance companies, Allianz Partners.

This is the company’s first international private medical insurance (iPMI) agreement in Europe, following the expansion of its offering to the Republic of Ireland in October.

The agreement will allow Allianz iPMI policyholders and dependents, based in Europe, access to DOC’s digital health services, including teleconsultation.

Doctor Care anywhere is set to launch its services with Allianz in January 2021 and the agreement will carry no set expiry period.

“We are thrilled by the opportunity to work with another world-leading insurer; this is further recognition of the value that the Doctor Care Anywhere platform brings to patients, payors and providers,” founder and CEO Dr Bayju Thakar said.

“Being engaged by Allianz Partners adds to the company’s growth trajectory and supports our ability to service patient needs globally. This agreement is integral to our strategic plans for 2021 and beyond, helping us to deliver joined-up, accessible, quality health and disease care in the U.K. and globally,” he added.

DOC only recently listed on the Australian Securities Exchange (ASX) on December 4.

On the market this afternoon, DOC is up 5.42 per cent and is trading at $1.27 per share at 1:10 pm AEDT.

DOC by the numbers
More From The Market Herald
Little Green Pharma (ASX:LGP) - Managing Director, Fleta Solomon

" Little Green Pharma (ASX:LGP) seeks to expand to Greece

Little Green Pharma (ASX:LGP) seeks to expand to Greece

" HeraMED (ASX:HMD) signs “significant milestone” with a Perth hospital

Digital maternity care company HeraMED (ASX:HMD) has hit a "truly significant milestone" with a Perth hospital,…

" ResApp Health (ASX:RAP) signs LOI to launch diagnostic app in the Philippines

ResApp Health (ASX:RAP) smartphone diagnostic test is set to launch in the Philippines through an agreement…

" Emyria (ASX:EMD) set to begin ultra-pure CBD trial

Emyria (ASX:EMD) is set to begin phase one clinical trials of its ultra-pure CBD drug candidate,…