About ZA ONLINE Company

Zhongan Online Property Insurance Co., Ltd. (hereinafter: Zhongan Insurance, Zhongan) was unveiled on November 6, 2013, and was founded by well-known companies such as Ant Financial, Tencent, and Ping An of China. As the world's first internet insurance company, Zhongan is also a fintech company that drives financial development through technological innovation. Zhongan Insurance is headquartered in Shanghai, China. It does not have any branches, and provides online underwriting and claims services entirely through the Internet. In June 2015, Zhongan Insurance, which had only been established for 17 months, received nearly 6 billion yuan in Series A financing, adding 5 financial investment institutions: Morgan Stanley, CICC, Dinghui Investment, Saifu Fund, and Casebo. In 2015/12, H2 Ventures, a well-known Australian fintech venture capital, teamed up with KPMG (KPMG) to announce the Global Top 100 FinTech List, and Zhongan Insurance won the crown. As a leading insurance technology company, Zhongan initially started with return insurance to resolve return disputes, and created a series of risk solutions surrounding the e-commerce ecosystem, such as Zhonlebao and account security insurance in the e-commerce scenario. After that, Zhongan quickly entered other scenarios and established core business divisions such as health insurance, air travel and commercial insurance, consumer finance, car insurance, and 3C digital. Since its establishment more than three years ago, Zhongan Insurance has developed core advantages: product design is based on scenario customization and responds quickly to demand; pricing is based on big data on the Internet, with dynamic underwriting; sales are seamlessly connected to scenarios to face customers and cross-sell; and claims services are highly automated, fast and transparent. So far, Zhongan Insurance has connected more than 180 ecological partners to provide a complete set of risk solutions for Internet economic life. As of December 31, 2016, the total number of customers served by Zhongan Insurance was 492 million, and the number of insurance policies exceeded 7.2 billion. In the process of exploring insurance scenarios, as the first domestic financial institution with a core system built on the cloud, Zhongan built an open, flexible, and expandable core system based on a cloud service platform to meet the massive and high-speed business needs of the Internet. At the same time, Zhongan continues to develop and deposit cutting-edge technologies such as artificial intelligence, blockchain, and big data, and is deeply applied to product research and development to enhance experience and improve operational efficiency. Through its wholly-owned subsidiary Zhongan Technology, Zhongan is also committed to exporting its own technology, promoting the upgrading of information technology in the insurance industry, and becoming an incubator for internal and external innovation. The future of fintech is very broad. We look forward to more partners joining Zhongan Insurance and doing cool insurance together!