Yuanbao Insurance Brokerage Co., Ltd. is a national insurance brokerage company with a national insurance brokerage license, and its Internet insurance intermediary platform Yuanbao was officially launched in 2020 [8].
By May, 20021year, it had accumulated millions of paying users, covering more than 90% of China. Yuanbao completed nearly 654.38 billion yuan of Series C financing led by Source Capital, Caive Fund, Xingshan Capital, Northern Lights Venture Capital, Qiming Venture Capital and SIG, with Yuan Qi Capital as the exclusive financial advisor, becoming the fastest Internet insurance platform in China to complete Series C financing [8].
Company name: Yuanbao Insurance Broker Co., Ltd. [1] Industrial Insurance [1 1] Headquartered in Beijing [1 1] referred to as Yuanbao Insurance Broker.
catalogue
1 founding team
2 its business
3 development process
4 corporate vision
5 business scope
Won six honors
Founding team editing broadcast
Fang Rui, the founder and CEO of Yuanbao [4], once served as the vice president of Netease Group [5] and the head of the technical department of the group [6], founded Netease e-commerce and Netease Payment, and served as CEO. He has 17 years working experience in Netease [6], graduated from Wudaokou Finance College in Tsinghua University, and obtained Tsinghua University EMBA. He used to be a special technical expert of CPPCC National Security Center in Haidian District, Beijing [18].
Its business editor broadcasts.
Yuanbao Insurance Mall [2] is an internet technology insurance platform, with Yuanbao Insurance Brokerage Co., Ltd. as the main operator, and it is a national insurance brokerage company approved by China Banking Regulatory Commission [3].
Its platform, Yuanbao, was launched in 2020 [7] and has a national insurance brokerage license [7]. Based on big data and AI technology, Yuanbao accurately matches insurance products for millions of users, providing one-stop guarantee services such as health management, insurance consultation, intelligent underwriting, convenient insurance and assistance in claims settlement [9]. Yuanbao focuses on cost-effective inclusive health insurance products and services [10].
By May of 20021year, it had accumulated millions of paying users, covering more than 90% of China [7].
Editing and broadcasting of development process
In June 2020 [15], Yuanbao obtained the license of national insurance brokerage company [8].
In June 2020, the Internet insurance business was put on record and officially entered the Internet insurance industry [15].
In 2020, Yuanbao was officially put into operation. By May of 20021year, it had gained millions of paying users, covering more than 90% of China [8].
2021[12] In March, the platform released the "Intelligent Insurance Brain" for the first time. Based on the advantages of big data and AI technology, we can accurately match insurance products for millions of users according to the characteristics and needs of different users [6], reduce the selection cost of users, promote insurance companies to reverse develop customized products according to user needs, and quickly optimize user experience [13].
2021[12] In March, the platform launched a "special service line for the elderly", which can realize exclusive functions such as telephone priority access, intelligent dialect communication and matching, and special control of speech speed and volume [8].
2021[12] On March 8th, Yuanbao and Taikang launched "Yuanbao Elderly Fracture Medical Insurance" online, providing free medical insurance for accidental fractures for women aged 50 -70 as a gift for Women's Day [13].
In May of 20021year, Yuanbao and Taikang Online launched the "Struggle Insurance" comprehensive insurance, covering medical treatment+accident+sudden death, with a cumulative maximum protection of 9.2 million yuan, which completely solved the worries of hundreds of millions of ordinary struggling people [13].
On May, 20265438 1, Yuanbao completed the C-round financing of nearly 1 100 million yuan, which was led by source capital, Caive Fund, Xingshan Capital, Northern Lights Venture Capital, Qi Ming Venture Capital and SIG Investment, and Yuan Qi Capital served as the exclusive financial consultant, making it the fastest Internet insurance platform to complete the C-round financing in China [4][7-8].
On 2021May 2 1-22, earthquakes occurred successively in Yunnan and Qinghai. Yuanbao started the emergency plan for insurance services as soon as possible, opened a green channel for claims with a number of insurance companies, and launched seven emergency insurance service measures to fully protect the life safety and health of customers in disaster areas [16].
In June, 20021,the 3rd China Insurance Digitalization and Artificial Intelligence Development Conference and the "Golden Insurance Award" awarding ceremony was held in Shanghai. In 20021year, more than 100 institutions and individuals participated in the selection of "Golden Insurance Award". After public voting and the final judgment of the judges, Yuanbao won the "New Force Award of Insurance Technology" [17].
In September, 20021year, Yuanbao officially launched the intelligent claims upgrade. Based on claims knowledge map recognition, robot audit, intelligent risk control and other technologies, a number of fast claims services such as direct claims, flash claims and quick claims have been realized [26-27].
202 1, 1 1, Yuanbao, together with China Insurance and Pension Research Center of Tsinghua University National Finance Institute and Kaidu Group * * *, issued the "20021China Internet Insurance Consumer Insight Report", which systematically studied the behavior and psychology of China consumers buying insurance on the Internet, and transformed the insurance industry from the user's point of view.
202165438+February, Yuanbao donated "Yuanbao Anxin Growth Insurance" and "Yuanbao Anxin Education Insurance" to the teachers and students of the "One Village, One Park" project in Ji 'an City, Jiangxi Province [29-30], with a total insurance coverage of over 200 million [3 1]. The insurance donation project will last for more than 3 years [30].
Corporate vision Editorial Broadcasting
Yuanbao will actively lay out a big health ecological platform of "health+insurance+medical treatment": health management helps users to prevent and control disease risks, insurance provides users with protection and claim settlement services to resist the risk of economic losses caused by diseases and accidents, and medical services provide users with more comprehensive risk solutions and resource support. Through the combination of all-round services of health, insurance and medical care, a closed loop of big health ecology is formed, and the system improves the ability to cope with risks, while constantly improving the healthy living standards of users and making contributions to the health of the whole people [2 1-23].
Scope: editing and broadcasting. Editing and broadcasting. Scope: Editing and broadcasting. Editing and broadcasting.
Including drawing up insurance plans for the insured, selecting insurance companies and handling insurance procedures nationwide; Assist the insured or beneficiary in making claims; Reinsurance brokerage business; Provide customers with disaster prevention, loss prevention or risk assessment and risk management consulting services; Other businesses approved by China Banking Regulatory Commission.
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From June, 5438 to February, 2020, Yuanbao was selected as "Top 25 of 2020InsurStar Insurance Technology Growth Award" [15].
In February, 20021year, it was recommended by Beijing Insurance Intermediary Industry Association as "Beijing Integrity Enterprise" [15].
In May, 20021,Yuanbao won the annual "Service Innovation" case award of the 6th Financial Consumer Protection Summit Forum of Xinhuanet, becoming the first Internet insurance company in China to win this honor [14].
In August of 20021year, Yuanbao was selected as one of the "Top 202 1 00 Insurance Technologies in China" [24].
202 1, 1 1, Yuanbao won the "Star Award-Innovative Enterprise Award in Data-Driven Industry" and became the only Internet insurance brokerage platform to win this honor this year [33-34].
202 1, 1 1, and Yuanbao won the title of "20021year outstanding competitive insurance technology influential enterprise" [32].
In February, 2002165438+,Yuanbao was among the top 60 "20021China top 500 invisible unicorns" [27].
2002165438+On February 29th, KPMG released the list of "20021Top 50 Financial Technology Enterprises in China" and held an award ceremony. With its innovative products and services in the field of insurance technology, Yuanbao has promoted the digital transformation and high-quality development of the industry and become one of the youngest listed financial technology companies. [25]
In February 2022, Yuanbao was selected as "202 1 Hurun Global Gazelle Enterprise", becoming the only insurance company in China and the only newly listed financial technology company in China in 2002/KLOC-0. [35]
Which insurance company is Yuanbao Million Medical Insurance?
Yuanbao Million Medical Insurance belongs to Taikang Insurance. The so-called million medical insurance is 1 yuan insurance is 6 million. You can't unilaterally understand that this product only needs to pay 1 yuan, but it means that if you choose to pay the premium monthly, you only need to pay 1 yuan in the first month.
1. How to insure Taikang Yuanbao Million Medical Insurance? Insurance rules
Insurance age: 30 days -65 years old
This product covers a wide range of ages, from children who have just reached the full moon to 65-year-old people, and many millions of medical products only cover 60 years old.
Moreover, this product can be insured at the age of 65, and 6 1-65 is more friendly.
2. What does Taikang Yuanbao Million Medical Insurance cover?
1, general medical care
The general medical insurance coverage of Taikang Yuanbao Million Medical Insurance is 3 million yuan, which can basically cover medical expenses. However, the deductible of general medical insurance is 1 10,000 yuan, which raises the claim threshold and is unfavorable to the insured.
2. Hospitalization for serious illness
There are 99 kinds of critical illness insurance for this product, with the insured amount of 6 million, and the hospitalization for critical illness insurance is zero.
3. Others
Taikang Yuanbao Million Medical Insurance also has outpatient surgery and special outpatient support, and can reimburse outpatient and emergency expenses for 7 days before hospitalization and 30 days after hospitalization.
What insurance company does Yuanbao Million Medical Insurance belong to?
Yuanbao Million Medical Insurance is underwritten by Taikang Online. It should be noted that Taikang Online is not Taikang Life Insurance. Taikang Online and Taikang Life Insurance are wholly-owned subsidiaries of Taikang Group, among which Taikang Online is an internet insurance company and Taikang Life Insurance is a national and joint-stock life insurance company. Taikang Online takes "insurance+technology" and "insurance+service" as its main business models, and its products cover Internet property insurance, auto insurance, health insurance, accident insurance, transportation insurance, liability insurance and credit guarantee insurance.