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What are the characteristics of Zhongan Insurance's products? What's the difference with traditional insurance?

Zhongan Insurance is the first company in China to obtain an Internet insurance license. The most important thing of Internet insurance is to ensure the stability and security of the whole Internet, so their products exist in various fields related to the Internet. Unlike traditional insurance companies that only focus on auto insurance, property insurance and health insurance, Zhongan has many products such as willful retirement and account security insurance.

About Zhongan Insurance

Zhongan Online Property Insurance Co., Ltd. (hereinafter referred to as Zhongan Insurance and Zhongan) was unveiled on November 6, 213, and was founded by well-known enterprises such as Ant Financial, Tencent and China Ping An. As the world's first internet insurance company, Zhongan is also a financial technology company that promotes financial development through technological innovation.

Zhongan Insurance is headquartered in Shanghai, China, without any branches, and provides online underwriting and claim settlement services entirely through the Internet.

In June, 215, Zhongan Insurance, which was established only 17 months ago, obtained a series A financing of nearly 6 billion yuan, adding five new financial investment institutions: Morgan Stanley, CICC, CDH Investment, Safran Fund and Caspar. In December 215, H2 Ventures, a well-known Australian financial technology venture capital institution, teamed up with KPMG to publish the list of the top 1 global financial technologies, and Zhongan Insurance won the crown.

as a leading enterprise in insurance technology, Zhongan started with the return insurance to solve the return dispute, and created a series of risk solutions around the e-commerce ecology, such as Zhonglebao and account security insurance. Since then, Zhongan has quickly cut into other scenes and built core business divisions such as health insurance, airline and commercial insurance, consumer finance, auto insurance and 3C digital.

since its establishment more than three years ago, Zhongan Insurance has formed its core advantages: product design is customized based on scenarios, and it can respond to demands quickly; Pricing is based on Internet big data and dynamic underwriting; Sales are seamlessly connected to the scene, facing customers and cross-selling; Claims service is highly automated, rapid and transparent.

Zhongan Insurance has connected more than 18 ecological partners so far, providing a complete set of risk solutions for Internet economic life. As of December 31, 216, Zhongan Insurance had served 492 million customers and the number of policies exceeded 7.2 billion.

in the process of exploring scenario insurance, as the first domestic financial institution whose core system is built on the cloud, Zhongan builds an open, flexible and extensible core system based on the cloud service platform to meet the massive and high-speed business needs of the Internet. At the same time, Zhongan continues to develop and precipitate cutting-edge technologies such as artificial intelligence, blockchain and big data, and deeply applies them to product research and development to enhance experience and improve operational efficiency. Through its wholly-owned subsidiary Zhongan Technology, Zhongan is also committed to exporting its own technology, promoting the informationization upgrade of the insurance industry and becoming an incubator for internal and external innovation.

The future of financial technology is very broad, and we expect more partners to join Zhongan Insurance to do temperature insurance together!