LataMed AI Corp. (OTC: LMED) 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 establishes a collaborative relationship 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 throughout Venezuela. The agreement includes health, life, motor vehicle, commercial, and group insurance products. As part of the strategic alliance, Vértice Seguros has agreed to actively promote the LataMed AI digital healthcare platform and mobile application among its customer base, including encouraging utilization of the Company's online appointment scheduling platform and broader healthcare technology services.
The Company believes the agreement represents an important milestone in the continued development of its integrated healthcare ecosystem by combining digital healthcare services with insurance accessibility, telehealth infrastructure, healthcare coordination technologies, and other healthcare solutions currently under development. Management believes that expanding access to insurance-related services complements the Company's broader objective of improving healthcare accessibility while creating a more comprehensive digital healthcare experience for patients, healthcare providers, and other participants within the healthcare ecosystem.
The agreement provides for a commission-based compensation structure relating to qualifying insurance products generated through the Company's digital channels, subject to the terms and conditions of the commercial alliance. 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. We look forward to working closely with Vértice Seguros as we continue advancing healthcare technologies designed to improve accessibility, coordination, and patient engagement throughout Latin America.”
The initial term of the agreement 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. For additional information, please visit https://latamed.ai or review the Company’s filings with the U.S. Securities and Exchange Commission at www.sec.gov.
Separately, the Company also wished to acknowledge the recent earthquake that has affected communities throughout Venezuela. As a company based in Venezuela, this tragedy has been felt personally by many within the LataMed AI family. LataMed AI extends its sincere thoughts to all those impacted and its gratitude to the emergency responders, healthcare professionals, volunteers, and community organizations working tirelessly to assist those in need.
