The Chinese InsurTech market is dominated by three key players – Baidu, Alibaba and Tencent, otherwise referred to as BAT. But what has been the development of each within the Chinese market? Baidu, Alibaba and Tencent have all had some ups and downs within the insurance market, but Baidu would appear to have the least to […]
READ MOREInsurtech focus: Guan Aitong
Times are changing and with it the expectations of employees. Organisations in China have a rapidly growing need for human resource management and technological innovations have begun to transform the human resources service management market. In the past two years, Guan Aitong has actively developed big data and artificial intelligence (AI) technology for the application […]
READ MOREInterview: Nick Luo, VP, Yuanbao Tech
Q.1 What role do you think the BAT has had on the development of digital insurance in China? A: They play a leading role in digital insurance in China. As we know, Alibaba has the largest e-commerce website in China and it creates the return freight insurance allowing buyers to return the things they don’t […]
READ MOREBAT Health efforts
China faces a healthcare crisis. Medical resources are scarce and unevenly distributed. The ratio of doctors in China to 1,000 citizens is only 2.2. While this is roughly equal to the United Kingdom and the United States, it is a long way behind many other OECD nations, including Australia, France and Switzerland. At the end […]
READ MORETDI Q4 2019 Video Update from Hugh Terry
The Digital Insurer’s Founder Hugh Terry updates on ongoing developments at TDI, watch the short video below. Want to know more? or have some suggestions or questions? Contact us –
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China In-Depth: Digital life solutions (tech enabled solutions for mortality)
Life insurance has been in global decline for some years. The protracted recession post-2008 in many economies has made it a luxury that some have decided they can do without. This decline has been compounded among generations y (millennials) and z by a different attitude that places greater emphasis on current experience rather than protecting […]
READ MOREOverview of China Life/Health App Ecosystem
This month we consider some of the leading medical apps in China, a sector which is changing the way that consumers approach and engage with healthcare and through the aid of technology. WeDoctor WeDoctor – previously Guahou or ‘Register’ – was an early entrant into China’s mobile health space. It made public hospital and doctor appointments […]
READ MOREInsurTech focus – Ping An
Insurtech is gradually being implemented within the Chinese insurance industry, overhauling inefficient processes and allowing the development of new and better products that exploit data analytics. But some insurers are looking at how it can transform their distribution channel which is largely still human. Even those delivering disruption to the traditional insurance market have legacy […]
READ MOREInterview: Paul Prendergast, Blink insurance
This month we speak to Paul Prendergast, CEO and co-founder of Blink, a flight cancellation InsurTech that focuses on real-time seamless resolution of claims. Q.1 What was the inspiration for the founding of Blink? When we started Blink we weren’t thinking about the insurers, we weren’t thinking about the end-user, we were thinking about the […]
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