1. Market Research
  2. > E-Services
  3. > Online Banking Market Trends
FinTech Watchlist Company Profile – ZhongAn

FinTech Watchlist Company Profile – ZhongAn

  • December 2017
  • 45 pages
  • ID: 5281653

Summary

Table of Contents

Online Insurance Company ZhongAn Creating New Markets and Disrupting Existing Markets in the Chinese P&C Insurance Industry
The study covers the leading online insurance provider ZhongAn in China. ZhongAn has launched many new products mostly partnering with the industry participants.

It started by offering Merchant Performance Insurance, Zhonglebao in November 2013. Since then it has ventured in many different market segments covering e-Commerce, Electronic Products, Health, Auto, Travel and Consumer Financing. In the study, Frost & Sullivan has tracked ZhongAn portfolio that has swelled from one product in November 2013 to 245 different products and variants by the end of 2016. The study details key growth strategies adopted by the company to grow at break neck speed across 2013-2016.

For ZhongAn technology is key to progress and it keeps investing substantial amount of revenue it has generated for Research & Development to further develop its technology. It uses its own proprietary technology to automate underwriting, claim processing and to an extent approve claims settlement.

This enables it to generate personalised insurance premiums at a fraction of cost as compared to traditional companies. Although most of its insurance is processed online, it has partnered with both online and offline partners to sell its insurance to customer, thus taking the reach of online insurance provider from Internet only to offline customers. ZhongAn competes with other online insurance companies as well as established insurance companies such as People’s Insurance Company of China, PingAn, China Pacific Insurance (Group) Co and China Continent.

We have further investigated the business model of the company and represented it in the most simplest possible way. The study also covers key technologies used to automate the processes to not only run them more efficiently, but also to reduce the cost of executing the process. Its innovative features have also equipped clients to get loans as per their convenience.

We have added executive summary that brings all of this together in a crisp form, to help busy executive get the gist of the study and then read sections in detail that matters to them.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Crowdfunding Market 2018-2022

Global Crowdfunding Market 2018-2022

  • $ 2500
  • November 2018

About this marketCrowdfunding campaigns as avenues for crowdsourcing to drive market growth. In the traditional funding, marketing, and product launch processes, there was very little interaction with ...

Digital Banking Platforms Market by Banking Type, Banking Mode, Deployment Type And Region - Global Forecast to 2023

Digital Banking Platforms Market by Banking Type, Banking Mode, Deployment Type And Region - Global Forecast to 2023

  • $ 5650
  • November 2018

The digital banking platform market is projected to grow at a CAGR of 11.2% from 2018 to 2023The digital banking platforms market is projected to grow from USD 3.3 billion in 2018 to USD 5.7 billion by ...

Innovative Business Models in Automotive Finance and Insurance, Forecast to 2025

Innovative Business Models in Automotive Finance and Insurance, Forecast to 2025

  • $ 4950
  • December 2018

Fintech Growth in Finance and Insurance Expected to Boost New Car Loan and UBI Policy Volumes by 2025The 24/7 connectivity and instant gratification are transforming the way we operate and automotive F&I ...


ref:plp2017

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on