18 Followers HKEX:6060 - ZhongAn Online P&C Insurance Co Ltd ZhongAn Online P & C Insurance
Sector: Financials, Industry: Property & Casualty Insurance
Next Earnings: 26 Aug 2024
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HKD 12.5    -0.22 (-1.73%)

28 Mar 2024


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General

CEO: Mr. Jiang Xing

Headquarters: HK

Employees: 3,778

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Description

ZhongAn was founded by Ant Financial, Tencent, Ping An Insurance, and other well-known enterprises in 2013 and is headquartered in Shanghai. The company is the first internet-based insurance company in China. It provides online underwriting and claim services through the internet without any offline branches. ZhongAn was listed in September 2017 in Hong Kong. Besides the online insurance segment, the company operates technology and banking segments. Its insurance technology segment exports digital operating system, middle platforms, and industry models to licensed financial players both domestically and overseas. Its banking segment, through Hong Kong-based virtual bank ZA Bank, offers similar services as traditional offline banks but without an offline presence.

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