The Baloise Group is more than just a traditional insurance company. The changing security, safety and service needs of society in the digital age lie at the heart of its business activities. The 7,900 or so employees of Baloise therefore focus on the wishes of their customers. The best possible customer service, combined with innovative products and services, makes Baloise the first choice for people who want to feel ‘simply safe’. Located at the heart of Europe, with its head office in Basel, the Baloise Group is a provider of prevention, pension, assistance and insurance solutions. Its core markets are Switzerland, Germany, Belgium and Luxembourg. In Switzerland, the Group also operates as a specialised financial services provider, offering a combination of insurance and banking services. The Group offers innovative pension products to retail customers throughout Europe from its competence centre in Luxembourg. Bâloise Holding Ltd shares are listed in the main segment of the SIX Swiss Exchange.
Innovation is the key to continuous improvement, competitiveness, and progress in society and the economy. The 2021 InnoPrix award recognises visionary ideas that will shape the world of tomorrow. This year, there were once again many new project submissions for the panel of judges to consider. The eventual winner was QUMEA AG, a Swiss healthtech start-up based in Solothurn.
Making the world a safer place by preventing falls
QUMEA has developed a high-tech yet inconspicuous and entirely anonymous system that makes hospitals and nursing homes safer places for people who are at risk of falling. The QUMEA sensor, which is based on the latest three-dimensional radar technology, is designed to be installed on the ceiling of a care room. Because it is sensitive to even the smallest of movements, the sensor is able to determine the position, posture and physical condition of the patients or residents who are present in the room. In the QUMEA Cloud, the movement data is analysed using artificial intelligence and critical situations are identified in real time. The resulting information is sent to the QUMEA app, whose intuitive, easy-to-use functions allow caregivers to monitor vulnerable individuals at the touch of a button and in accordance with specific requirements. Caregivers can be notified when patients or residents are about to get out of bed, for example, which helps to prevent falls or identify when they have occurred.
QUMEA has already demonstrated how its technology adds value at twelve different institutions, including acute-care hospitals, psychiatric units and nursing homes. As well as dramatically reducing the number of falls, the QUMEA movement data can lead to significant improvements in the day-to-day operation of a care setting. Particularly during night shifts, when staffing levels tend to be much lower, the targeted, real-time alerts that it generates can make routine caregiving activities feel far less hectic.
About QUMEA AG
QUMEA was founded in 2019 and employs twelve people in its fast-growing team. The canton of Solothurn is the location for all of its value creation processes, something that is very important for the company, which is proud to say that its hardware and software is not only ‘Made in Switzerland’ but also ‘Made in Solothurn’.
InnoPrix SoBa has a long tradition
The Baloise Bank SoBa foundation has presented the InnoPrix SoBa award since 1987 to promote trade and industry in Solothurn. Every year, it honours a project that brings fresh ideas and positive momentum to the Solothurn economic area. As well as receiving prize money, the winner is given the opportunity to present themselves and their project to the public during the award ceremony.