Digital Life Insurance in China
Editorial by Hugh Terry
Welcome to the second edition of the China in Focus newsletter, in partnership with Swiss Re. This month we look at the innovations taking place, and the challenges persisting for life insurance in China.
While digital life insurance is still developing in the region, we find advances in mobile distribution are invigorating the market, with companies entering into innovative, disruptive partnerships with already established tech giants.
And in our profile this month we hear from Generali’s Andre Chan, on how the insurer plans to grow in China, and what role InsurTech will play in its plans.
In thought leadership, our China in Focus partner, Swiss Re, tackles the role that InsurTech and BigTech have in the insurance industry, and looks at how they should be increasingly viewed as partners rather than competitors.
As always, enjoy the edition.
The Digital Insurer
CNinsure is China's largest and only publicly listed broker. In 2013, CNinsure launched the CNpad, a mobile app designed specifically for CNinsure's agents to distribute health and life insurance policies throughout China.
FundMyLife is trying to breath transparency into financial advisory by aggregating financial advisers on one platform.