Baidu, Alibaba, Tencent
Editorial by Hugh Terry
This month’s China in Focus sponsored by Swiss Re looks at the digital insurance contribution of three of China’s key players – Baidu, Alibaba and Tencent, or BAT.
We look at how each of these businesses has developed its responses to deal with the increasing crisis within the Chinese market. And as each business establishes its own model we look at how strategies have already and will continue to change in the future.
There is an interview with Nick Luo, vice president at Yuanbao Tech about the role of BAT in developing China’s insurance industry and how their success has opened up the market for others.
Finally, our InsurTech spotlight is shone on Guan Aitong and the work it has done in digitising business processes for small businesses across human resources and employee benefits.
Enjoy the edition!