Sign in Subscribe
Insurance industry

Japan's NEC and NTT Data Form Nursing Care Software Venture

Strategic Insights

— 1 min read

Japanese technology giants NEC Corp and NTT Data Corp have joined forces to develop and sell nursing care-related software, marking a significant move towards improving care services in the country. This collaboration aims to provide municipalities and nursing care service providers with a network-based care management application to create personalized service plans for individuals. Meanwhile, in Australia, the Investment and Finance Services Association (IFSA) is urging its members to reconsider their policy on genetic testing, while AMP Ltd makes changes to its new subsidiary GIO Australia Holdings Ltd's management structure.

Key Takeaways:

  • NEC Corp and NTT Data Corp will cooperate in developing and selling nursing care-related software, with NEC handling sales of network-based care management software developed by NTT Data.
  • The application, set to be shipped from March, is designed to help municipalities and nursing care service providers develop service plans for individuals.
  • The Investment and Finance Services Association (IFSA) wants its members to ban cut-rate policies for people undergoing DNA tests.
  • IFSA's policy will apply only in the medium term, allowing the community to come to terms with genetic testing.
  • AMP Ltd has made changes to the senior executives of its new subsidiary GIO Australia Holdings Ltd, with GIO chief executive Peter Corrigan resigning and handing over to AMP General Insurance general manager Gavin Pearce.

Statistics:

  • The application will be shipped from March.
  • The collaboration between NEC Corp and NTT Data Corp is aimed at improving care services in Japan.
  • The Investment and Finance Services Association (IFSA) represents many of Australia's largest life insurance companies.
  • AMP Ltd has merged its operations with GIO Australia Holdings Ltd.

Sources:

  • "JAPAN'S NEC, NTT DATA FORM NURSING CARE SOFTWARE VENTURE TOKYO - NEC Corp (TSE:6701) and NTT Data Corp (TSE:9613) will cooperate in developing and selling nursing care-related software, the companies announced Wednesday." (Asia Pulse)
  • "AUSTRALIAN LIFE INSURANCE COS EVALUATE GENETIC TESTING POLICY BRISBANE - A group representing many of Australia's largest life insurance companies wants its members to ban cut rate policies to people undergoing DNA tests." (Asia Pulse)
  • "AUSTRALIA'S AMP CHANGES MANAGEMENT IN NEW SUBSIDIARY GIO MELBOURNE - Major Australian financial services group AMP Ltd (ASX:AMP) today announced a clean-out of new subsidiary GIO Australia Holdings Ltd's senior executives as the two companies merge their operations." (Asia Pulse)

Read more