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ZhongAn Online P&C Insurance Co. Ltd.
Traded as
SEHK: 6060
ISIN
CNE100002QY7
Industry
Insurance
Founded
2013
Headquarters
Shanghai
,
China
Area served
China, Asia Region
Key people
Yaping Ou (Chairman and Executive Director), Jin "Jeffrey" Chen (CEO and Executive Director) Jack Ma (Founder), Pony Ma (Founder), Ma Mingzhe (Founder)
Services
Online insurance
Revenue
CN¥19.771 billion (2021)
Net income
CN¥818.640 million (2021)
Subsidiaries
ZhongAn International
ZhongAn Information and Technology Services and Co.
Website
https://www.zhongan.com/
ZhongAn Online P&C Insurance Co. Ltd. is a Chinese online-only insurance company. Founded in 2013, the company's headquarters are based in Shanghai, China. ZhongAn's chairman and executive director is Yaping Ou who is also an executive director. The company's CEO is Jin “Jeffrey” Chen but was initially co-founded by China's most notable business magnates- the chairmen of Chinese multinational conglomerates. This includes Alibaba’s Jack Ma, Tencent's Pony Ma and Ping An Insurance's Mingzhe Ma.[1] Together, the three businessmen created the country’s first and largest insurance company to offer and sell products through the internet. There are five important areas of service that the company offers and sells; lifestyle consumption, consumer finance, health, auto and travel. In addition to insurance services, ZhongAn has established numerous subsidiaries such as ZhongAn International and ZhongAn Information and Technology Services and Co. As of January 2019, ZhongAn has a total market capitalization of HK$38.5 billion.[2]
^"Chinese online insurer ZhongAn raises $1.5bn in IPO". The Financial Times. Retrieved 12 September 2018.
^"Grab and ZhongAn team up for insurance joint venture in Southeast Asia". South China Morning Post. 2019-01-16. Retrieved 2019-05-15.
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Global Information
CN¥19.771 billion (2021)