ZhongAn Insurance's estimated revenue for 2024 is $216.75M.
What does ZhongAn Insurance do?
Zhongan is an online-only Insuretech company in China. Leveraging our technologies, we develop ecosystem-oriented insurance products and solutions in different consumption scenarios to better serve our customers. From our inception in October 2013 to December 31, 2016, We sold over 7.2 billion insurance policies and served approximately 492 million policyholders and the insured, ranking us the largest insurer in China by these measures during this period according to the Oliver Wyman Report. As of June 30, 2017, We had sold over 9.5 billion insurance policies. In addition, we are the largest online insurance company in China with GWP of RMB3,408.0 million in 2016.
Zhongan believe our proprietary infrastructure and technologies are critical to our success. We operate our core insurance system on our proprietary cloud-based platform called Wujieshan. We have also developed advanced artificial intelligence capabilities to optimize product features quickly to enhance customer experience and strengthen risk management. We have accumulated extensive user data originating from our large and expanding customer base and third-party data providers. The application of our big data analytics throughout the insurance value chain enhances our results of operations.
Zhongan have adopted a set of effective policies and procedures that is consistent with industry best practice to evaluate and manage risks. We have an experienced team comprised of risk, legal and compliance professional to oversee our risk management efforts. In addition, our data-driven risk management system enables dynamic pricing and risk tracking, which enables us to optimize our product features based on our risk control capabilities.
Zhongan has grown by 30.1% in the last 6 months according to SimilarWeb.
How do people interact with Zhongan?
Last month, Zhongan received 5M visitors who spent an average of 2.2 minutes on the website and visited 2.0 different pages per session. Overall, 48% of people bounce on the first visit.
How do people find Zhongan?
2.4M people (46%) visit Zhongan directly. 2.2M (43%) people search for them in Google. Whereas, 17.3k (0%) discover Zhongan through Facebook, Reddit, and YouTube. 202.2k (4%) visitors come from Zhongan's email newsletters. Finally, 0 (0.0%) people come from affiliates and or paid referrals.
Who uses Zhongan?
Zhongan's top market is the China and they receive 4.5M (87.7%) people.
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