Community Insurance Business Models
Editorial by Hugh Terry
This month we examine an emerging mutual insurance model that merges the ubiquitous Chinese social media and messaging app WeChat, which is developed by Tencent, with a group buying ethos. We also examine a hardware/software initiative from Allianz China and speak to Hui Zhang from Answern Online about the state of digital insurance in China and the emergence of renewed mutual health insurance.
Your digitally,
Hugh Terry
The Digital Insurer
CHINA IN-DEPTH - Community Insurance Business Models
A new breed of online broker is leveraging China’s ubiquitous messaging app, WeChat, to acquire users and re-invent the concept of mutual insurance.
Spotlight Articles
Spotlight: Mobile payment in China
This month we consider the role that mobile payment services such as WeChat Pay and Alipay will play in China's digital insurance evolution.
InsurTech of the month - XinKaishi
Few companies can successfully integrate hardware, software and services. This month we examine one such example from Allianz China.
Interview: Hui Zhang
This month we speak to Hui Zhang, General Manager of Answern Online in Beijing, one of only five holders of internet insurer licenses in China.
Latest News
PICC's Virtual product insurance
PICC (China's largest property insurer) has partnered with 5173.com (gaming giant) to provide insurance for the loss of virtual equipment or virtual currency.
4Paradigm - China's A.I leader
4Paradigm is leading machine learning developments in China.4Paradigm is a Beijing based AI startup that is pioneering machine learning software in China.
Zurich / Apple
Apple and Zurich have come together to deisng a new app for UK brokers. The app will be fully integrated with Zurich systems.
Haven Life
Haven Life is a rare example of intrapreneurship within the life insurance industry. Owned by US based MassMutual, Haven Life offers term life insurance entirely online.