Menu

Reinsurance News

ZhongAn partners with Orig3n on new healthtech offerings

3rd August 2018 - Author: Charlie Wood

China’s largest online-only insurer, ZhongAn, has partnered with Boston-based biotech company Orig3n in a move that brings new healthtech solutions to its 500 million Chinese customers.

Having previously raised $1.5 billion during its oversubscribed IPO on the Hong Kong stock exchange in late 2017, ZhongAn was the first online-only insurer in the region and primarily offers products and solutions for the lifestyle consumption, consumer finance, health, auto, and travel markets.

“We had been looking to complement ZhongAn’s product suite with health tech solutions to meet evolving consumer demands and identified Orig3n as the ideal partner due to its technology and industry-leading mobile platform,” explained Liu Haijiao, President of Life Sciences at ZhongAn.

ZhongAn will now offer a suite of DNA tests to its customers while establishing a new laboratory with Orig3n in Shanghai that focuses on the application and innovation of healthcare technologies.

“We are very excited to have ZhongAn as a strategic partner in China,” said Robin Y. Smith, Chief Executive Officer of Orig3n. “With our strong knowledge base and IP and ZhongAn’s brand awareness and extensive reach with consumers, we are confident that together we will make a significant impact in the PRC.”

Haijiao added, “We look forward to partnering with Orig3n to provide innovative new products for our customers and the broader China market.”

Print Friendly, PDF & Email

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous post:
Stronger underwriting performance drives improved P&C results for Swiss Re

Global reinsurance giant Swiss Re has reported its first-half 2018 financial results, announcing higher net income within its Property &...

Close