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LataMed AI and Vértice Seguros Strategic Alliance FAQ
LataMed AI Corp. has formed a strategic commercial alliance with Venezuelan insurer Vértice Seguros to integrate insurance services into its digital healthcare ecosystem, aiming to expand healthcare accessibility in Venezuela.
The agreement establishes a collaborative commercial relationship to integrate selected insurance services into LataMed AI's healthcare ecosystem and expand digital healthcare accessibility for patients in Venezuela.
The parties are LataMed AI Corp. (OTC: LMED) through its Venezuelan affiliate LataMed AI VE, and Vértice Seguros C.A., a Venezuelan insurance company regulated by SUDEASEG.
The agreement covers health, life, motor vehicle, commercial, and group insurance products.
Vértice Seguros has agreed to actively promote the LataMed AI digital healthcare platform and mobile application among its customer base, including encouraging use of the online appointment scheduling platform and other healthcare technology services.
The agreement provides for a commission-based compensation structure relating to qualifying insurance products generated through LataMed AI's digital channels.
The initial term is twelve months and may be renewed by mutual agreement.
Management believes it represents an important milestone in developing an integrated healthcare ecosystem by combining digital healthcare services with insurance accessibility, and creates additional value for patients while supporting a more connected digital healthcare platform.
The alliance is applicable throughout Venezuela, where LataMed AI VE operates and Vértice Seguros is regulated.
The company acknowledged the recent earthquake affecting communities in Venezuela and expressed gratitude to emergency responders and volunteers.