You pose two very good questions here Hoofa and I'd like to put forward my point of view if you don't mind.
1. "How many other companies that provide family focused products are there available around the globe?"
The answer is countless companies!
Problem may be that most companies Wangle are introduced to or are making contact with are suffering with the old dinosaur syndrome where adjustment and change is slow. They would need time to assess the value and appeal Wangle presents for their own customers first and foremost and where larger companies would most certainly need to see where a
Family Insights inclusion would demonstrate flow on effects, benefiting in areas of customer retention and possibly help with customer acquisition where a customer would choose a health fund over another due to the benefit of receiving
Family Insights integral with their membership. Wangle management may be in the midst of something similar to what I've described or alternatively are finding it challenging to find companies that understand this value in Wangles model and approach? I personally don't believe the latter, as any company seen to be partnering with a company like Wangle and offering such an
important product to society are advertising that they are keeping up with change and are staying vigilant, observing the dangers now presented with an online society. This is only my opinion and all hypothetical, nevertheless, Wangle states in announcements that they have been in discussions with companies in the health insurance industry for some time now and we all know something needs to happen soon on the partner front otherwise.......well, I don't want to think about otherwise!
Below from the Wangle Market Update 12/06/2018
WFI – PARTNERSHIPS
The Company continues to engage potential partnerships across multiple verticals including telecommunications, health insurance, industry groups and direct to parent businesses. As a key focus for the commercialisation of WFI, the Company is growing its business development capacity on Australia’s east coast in particular and will announce major partnerships as secured.
2. "Why can't Family Insights form collaborations with such organisations."
They can and will!
Management have offered a final product ready for market. They have backed the product with a highly qualified
EDUCATIONAL team who are producing valuable literature and are churning out
extremely valuable information for parents, communities and organisations willing and wanting to learn. Our product is now presentable, our product is now demonstrable and our product is
HIGHLY SCALABLE. Ask yourself if that describes sellable assets? Management have ticked a lot of boxes to unlock the value I see here in Family Insights not only from the consumer point of view but also from the larger company stand point where they could include Family Insights with memberships or as add-ons, utilising the newly added merchandising and in-app message feature, which just gives "that little bit extra" appeal.
Family Insights is
READY.
Who will move first?
The above is my opinion only.
Jocko.