Esaal, one of the largest technology platforms for online health and wellness consultations in the MENA region, has today announced an exclusive and pioneering partnership with multinational insurance services company, Allianz Insurance company in Egypt.
The exclusive collaboration will see Esaal provide its one-stop-shop automated healthcare solutions to fully cover the medical, health and mental well being services for Allianz Insurance company in Egypt clients and employees, starting in Egypt, once granted the necessary approval from the relevant authorities.
Notably, the partnership will enable Allianz customers and staff in Egypt to easily access comprehensive mental and nutrition consultations on top of their existing insurance plans.
About Esaal
Esaal’s tech-enabled platform delivers a convenient, frictionless and secure wellness service spanning physical health, mental health and nutrition consultations with health professionals via text and video/voice calls saving patients time, money and a speedier access to health professionals at the touch of a button.
The health-tech’s platform comprises an extensive roster of healthcare professionals who provide consultations covering a wide spectrum of areas, including but not limited to anxiety, physiotherapy, paediatrics, nutrition and many others.
Why This Matters
Since launch, Esaal has become a prominent player in the Egyptian health and wellness sector in addition to KSA, Iraq, and Tunisia with an overall presence in more than 9 countries in the MENA region.
The platform has built a network of over 650 certified consultants, representing diverse fields, who have successfully provided health and wellness services to nearly 1 million users. Striking this pioneering and category-defining partnership with Allianz Insurance company in Egypt is yet another feather in the health-tech startup’s hat.
The top three phenomena driving this growth of the digital health services in Egypt and the MENA region are the increasing prevalence of chronic diseases, the growing ageing population, and the increasing adoption of mobile health (mHealth) technologies.
What They’re Saying
Commenting on the partnership, Fadi Doss, Founder and CEO of Esaal, says, ‘We are thrilled to partner with Allianz Insurance company in Egypt as we solve the pain points patients encounter with healthcare accessibility and ultimately improve their wellbeing and health outcomes.We are excited about the doors of opportunity that this strategic partnership brings for Esaal, potentially providing a springboard for further expansion into new geographies and thus delivering important health and wellness services across the region’.
He added, ‘I would like to extend our heartfelt gratitude to A15 for their belief in Esaal since day one. Their invaluable support and guidance, they have been instrumental in our growth and success. Thank you for trusting in our vision and for always being an integral part of the Esaal family. He added, ‘I would also like to express my profound appreciation to the Information Technology Industry Development Agency (ITIDA) also goes to Plug & Play for graciously hosting the partnership event. Their contributions have been instrumental in driving Esaal’s progress and fostering synergies such as this within our ecosystem’.
By The Numbers
- According to a report by Grand View Research, the Egyptian digital health market is expected to reach $1.5 billion by 2025, growing at a CAGR of 19.5% from 2020 to 2025.
- On a broader scale, that of the Middle East is expected to reach $20.7 billion by 2025, growing at a CAGR of 18.5% from 2020 to 2025.
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