Zhong An is a Chinese online insurance technology company that offers innovative and convenient insurance products and services. It was founded with the vision of providing affordable and accessible insurance solutions to individuals and businesses in China.
In 2013, Zhong An was founded by Alibaba's Jack Ma, Tencent's Pony Ma, and Ping An's Ma Mingzhe as the first online-only insurance company in China.
In 2014, the company launched its first product, shipping return insurance, which provided coverage for online shoppers in the event of a product return.
In 2015, Zhong An expanded its product offerings to include more non-traditional insurance products like flight delay insurance and personal accident insurance.
In 2016, the company became the first insurtech unicorn in China, valued at over $1 billion.
In 2017, Zhong An went public on the Hong Kong Stock Exchange, raising $1.5 billion in its initial public offering.
In 2018, the company launched an AI-powered risk management platform to improve underwriting efficiency and reduce fraud.
In 2019, Zhong An entered the Southeast Asian market, starting with Singapore.
In 2020, the company partnered with Grab, a leading ride-hailing platform in Southeast Asia, to offer insurance products to Grab's driver-partners.
As of now, Zhong An continues to innovate and expand its product offerings, leveraging technology to provide inclusive insurance solutions in China and other markets.
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Provides coverage for online shoppers in the event of a product return, offering financial protection and peace of mind.
Offers compensation for travelers in case of flight delays, ensuring a smooth and stress-free journey.
Provides coverage against accidental injuries, offering financial assistance and support during recovery.
Specifically designed for ride-hailing drivers, this insurance product offers coverage for accidents and other potential risks on the road.
Offers comprehensive health insurance coverage to individuals and families, ensuring access to quality healthcare services.
Zhong An is a Chinese online insurance technology company that provides innovative and convenient insurance products and services.
Zhong An was founded by Alibaba's Jack Ma, Tencent's Pony Ma, and Ping An's Ma Mingzhe.
Some of the main products offered by Zhong An include shipping return insurance, flight delay insurance, personal accident insurance, ride-hailing insurance, and health insurance.
Some of the competitors of Zhong An in the Chinese insurance market include Ping An Insurance, Ant Financial, Baidu Insurance, and Sunshine Insurance.
Yes, Zhong An offers ride-hailing insurance specifically designed for drivers working with platforms like Grab.