Industry veteran Jun Xu has joined the board of Zhibao Labuan Reinsurance Company Limited, a China-based insurtech specialising in digital insurance brokerage, as an Independent Director.
With over 30 years of senior leadership experience, the executive brings exceptional depth of international insurance and reinsurance expertise to the company’s leadership.
Her career spans senior leadership roles at some of the most respected international and domestic insurance institutions in China.
“We are truly delighted to welcome Ms. Jun Xu to the Zhibao Labuan board,” said Zhibao’s Chairman and CEO, Botao Ma. “Ms. Xu is a wonderful addition to our team, and her remarkable career – spanning Lloyd’s, Hannover Re, and Ping An – brings a uniquely holistic perspective on both the Chinese insurance market and international reinsurance operations. Her deep regulatory relationships, market development experience, and mastery of the MGA and coverholder ecosystem are gifts to Zhibao Labuan as we build our presence and move toward operations. We feel very fortunate to have her with us.”
Xu’s extensive background gives her a rare combination of regulatory insight, market development expertise, and deep cross-border industry knowledge, which align with Zhibao Labuan’s strategic ambitions.
Most recently, the executive served as Chief Operating Officer and Deputy General Manager at Lloyd’s Insurance Company (China) Ltd., where she spent more than 15 years in progressively senior roles.
In these capacities, she was instrumental in shaping the Lloyd’s China strategy, driving operational efficiency, advancing the MGA and coverholder model in the Chinese market.
Furthermore, Xu has a proven track record of nurturing key relationships with regulators, government authorities, trade organisations, and major industry stakeholders.
Notably, the executive facilitated the introduction of the first Chinese entrepreneur to secure a place in Lloyd’s Lab Cohort 11, marking a proud milestone for innovation within China’s insurance sector.
Prior to Lloyd’s, Ms. Xu served as Chief Representative at the Hannover Reinsurance Company Shanghai Representative Office, and held a senior management role in the Reinsurance Department of Ping An Insurance Company of China before that.
Guangtong (Arthur) Ren, Principal Officer of Zhibao Labuan, commented: “I am personally thrilled to welcome Ms. Xu to our board. Her warmth, wisdom, and firsthand experience navigating the Chinese regulatory landscape and building distribution frameworks for international re/insurers are exactly what we need at this exciting stage of our journey. I very much look forward to the privilege of working with her.”
Jun Xu said: “I am truly honored and delighted to join the board of Zhibao Labuan as an Independent Director. Zhibao has built something genuinely impressive – an innovative and forward-thinking InsurTech platform that is reshaping how insurance services are delivered in China. The establishment of Zhibao Labuan is a bold and exciting step, and I look forward with great enthusiasm to contributing my experience in support of the company’s responsible, sustainable, and rewarding growth in the international reinsurance market.”
