Life insurance innovation
This month we consider the efforts underway to evolve the product development and distribution of life insurance in China, which has long been characterised by commodity product lines and legacy distribution channels, but is now being challenged by InsurTech innovations. We also interview Puying Tech CEO Ran Guo, who is localising claims processing software for China, and Swiss Re’s Jonathan Anchen shares his insight into the technological advances that have the potential to radically change the way life insurers interact with consumers.
Your digitally,
Hugh Terry
The Digital Insurer
CHINA IN-DEPTH - Life insurance product innovations
Several startups, combined with regulator encouragement, are challenging the longstanding norms that exist within the life insurance sector.
Digital ecosystems: extending the boundaries of value creation in life and health insurance
Technological advances have the potential to radically change the way life insurers interact with consumers and also help them better assess and price risks.
Spotlight Articles
Spotlight: Taikang Online
Taikang Online is China's only internet licensed life insurer - a special regulatory designation allowing an insurer to conduct all activities online.
InsurTech of the month - Puying Tech
Puying Tech, a Shanghai-based startup is streamlining the processing of public health insurance claims through advanced analytics and OCR.
Interview: Ran Guo
We speak to Ran Guo, the founder of Puying Tech, Shanghai-based claims processing startup.
Latest News
Ins For Renascence (IFR)
Data analytics start providing insurance companies with alternative data sets