Sun Life is planning to offer private health advisory services to high net worth (HNW) clients, reflecting the increasing intersection between wealth and health management services for HNW individuals.

Sun Life has announced that it is teaming up with PinnacleCare, a US-based private health advisory company, to offer HNW clients in Hong Kong, Singapore, and Taiwan access to PinnacleCare’s private health advisory services.

PinnacleCare is part of the Sun Life group of companies, providing personalised guidance and access to medical experts and specialists in the US.

Sun Life said it is offering HNW clients based in Hong Kong, Singapore, and Taiwan access to PinnacleCare’s Premier Access programme at a reduced rate.

“PinnacleCare provides access to many of America's leading medical specialists including oncology, neurology, and cardiology as well as a wide array of medical resources to help clients make well-informed decisions and solve healthcare challenges,” Karim Gilani, Sun Life president, Greater China, Singapore and international high net worth, said in a statement.

“For more than 20 years, we’ve been providing personal health guidance to clients and helping them access expert medical opinions to ensure the right diagnoses, treatment and care,” Dr Miles Varn, chief medical officer of Sun Life US, and CEO of PinnacleCare, said. “We’re pleased to expand our support to help more people navigate often complex healthcare situations.” 

As CEO of PinnacleCare, Varn has developed relationships with centres and physicians around the world. He also built PinnacleCare’s VirtualConnect programme, which brings expertise from more than 25 academic institutions to clients wherever they reside. Varn joined PinnacleCare after 15 years at Inova Fairfax Hospital, the firm continued.

The move comes after Hywin Holdings, a Chinese group that offers wealth management services, teamed up with Switzerland’s Leonteq Securities and Arta TechFin, a Hong Kong-listed fintech, to launch a global healthcare structured product. See more coverage here. Hywin also worked with this news service to issue a research study examining the crossovers between wealth and healthcare.

Sun Life is an international financial services organisation providing asset management, wealth, insurance and health solutions to individual and institutional clients. It has operations in a number of markets worldwide, including Canada, the US, the UK, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda, with total assets under management of $1.34 trillion.

See more about the different Asian businesses of Sun Life, such as its Hong Kong and Singapore units, here and here.