LataMed AI Corp. (OTC: LMED), a development-stage digital health and artificial intelligence technology company, announced today that its Venezuelan operating affiliate, LataMed AI VE, has entered into a strategic commercial alliance agreement with Vértice Seguros C.A., a Venezuelan insurance company regulated by the Superintendence of Insurance Activity (SUDEASEG). The agreement is designed to integrate selected insurance-related services into the Company's developing healthcare ecosystem while expanding digital healthcare accessibility for patients throughout Venezuela.
Under the agreement, LataMed AI VE has been granted the right to promote and facilitate customer access to Vértice Seguros' portfolio of insurance products through the Company's digital platforms and healthcare ecosystem. The portfolio includes health, life, motor vehicle, commercial, and group insurance products. In return, Vértice Seguros has agreed to actively promote the LataMed AI digital healthcare platform and mobile application among its customer base, encouraging utilization of the Company's online appointment scheduling platform and broader healthcare technology services.
Dr. Kevin Rodan Levy, Chief Executive Officer of LataMed AI Corp., stated: "This agreement represents another important milestone in the continued expansion of the LataMed AI healthcare ecosystem. We believe integrating healthcare accessibility with insurance solutions creates additional value for patients while supporting a more connected and comprehensive digital healthcare platform."
The agreement provides for a commission-based compensation structure relating to qualifying insurance products generated through the Company's digital channels. The initial term is twelve months and may be renewed by mutual agreement. The Company believes this strategic alliance may serve as a foundation for future collaborations as it continues expanding its digital healthcare ecosystem and evaluates additional opportunities throughout the Latin American healthcare market.
This partnership is significant because it combines digital healthcare services with insurance accessibility, creating a more integrated experience for patients. By offering insurance products directly through its platform, LataMed AI aims to reduce barriers to healthcare access and provide a one-stop solution for patients' medical and insurance needs. The collaboration also leverages Vértice Seguros' established customer base to drive adoption of LataMed's digital tools, potentially accelerating the Company's growth in Venezuela.
Separately, the Company acknowledged the recent earthquake affecting communities in Venezuela, expressing solidarity with those impacted and gratitude to emergency responders and volunteers.
For more information, visit https://latamed.ai or review the Company's filings with the U.S. Securities and Exchange Commission at www.sec.gov.
