Fedo.ai partners with Canara HSBC Life Insurance for AI-enabled non-invasive health assessments

Canara HSBC Life Insurance (CHLI), a joint venture between Canara Bank and HSBC Insurance (Asia Pacific) Holdings Limited. has joined hands with Fedo.ai, an AI-enabled healthtech company, to cultivate a new chapter in the realm of AI-enabled non-invasive health assessments.

The partnership will leverage Canara HSBC Life’s extensive experience in the insurance industry, combined with Fedo’s cutting-edge AI facial scan technology.

As part of the partnership, underwriting processes and onboarding times can be handled more efficiently by providing customers with a quick, non-invasive health assessment scan, the company said in a statement.

With Fedo’s innovative 14-second facial scan, users can complete health checks from the comfort of their homes, eliminating the need for invasive procedures or hospital visits. The technology saves time and minimizes inconvenience and also increases healthcare accessibility—particularly in remote areas.

By offering detailed insights into each customer’s health metrics, the partnership highlights the move toward personalized healthcare, empowering individuals to make informed decisions that prioritize long-term wellness.

What does Fedo.ai do?

Fedo leverages advanced AI algorithms to analyze 14 key health parameters such as heart rate, BMI, blood sugar, heart rate variability (HRV), stress, cholesterol, and respiration rate using a quick 14-second facial scan via a mobile phone.

It identifies six potential disease risks and projects healthcare costs for the next five years. Additionally, Fedo evaluates mental health through mobile phone videos and gamified smart questionnaires.

Fedo claims that it serves insurance companies for lead generation and risk assessment, employee wellness programs for risk evaluation and insights, and healthcare providers for remote health monitoring.

Leadership comments

Dr Ashish Kapoor, VP and Chief Underwriter of Canara HSBC Life Insurance, said, "Our collaboration with Fedo.ai represents a significant step in our mission to prioritize the well-being of our customers. By integrating Fedo’s AI-powered facial scan technology into our underwriting process, we’re making health assessments faster, simpler, and more accessible for everyone."

"Our goal is to take better care of our customers by providing them with the tools to make informed decisions about their health and future. Ultimately, this partnership allows us to focus on what matters most—the long-term well-being of those we serve, while ensuring a seamless, compassionate experience at every stage of their journey with us," Kapoor added.

Prasanth Madavana, Co-founder and CEO of Fedo.ai, commented, “The use of advanced AI not only enhances accuracy but also helps insurers make faster, more informed decisions. Our partnership ensures that the underwriting process is both seamless and efficient, empowering Canara HSBC Life Insurance to provide faster and more personalized service, while maintaining the highest standards of care for every individual."

Fedo is poised to expand its innovative solutions into healthcare, fitness, and mental health. The company said that upcoming phase will emphasize a B2B2C and developer-centric distribution strategy, aiming to integrate its health infrastructure across diverse screening applications in multiple industries.