ZhongAn Insurance
China's first internet-only insurer, powered by technology
Shanghai, China · Founded 2013 · $1.4B raised
- Headquarters
- Shanghai
- Employees
- 1001–5000
- Founded
- 2013
- Website
- zhongan.com
- Total Funding
- $1.4B
- Last Round
- $500.0M Private EquityJul 2025
- Rounds
- 2
About
ZhongAn Online P&C Insurance Co., Ltd. is China's first and largest internet-only insurer, founded in 2013 by Jack Ma (Alibaba), Pony Ma (Tencent), and Mingzhe Ma (Ping An). Listed on the Hong Kong Stock Exchange (6060.HK), ZhongAn provides digital insurance products across four ecosystems: health, digital lifestyle, auto, and consumer finance. The company has served over 500 million users and issued more than 9 billion insurance policies as of mid-2024. ZhongAn's proprietary cloud-based insurance core system 'Wujieshan' processes nearly 20 billion policies annually with a 99% underwriting automation rate. Through its technology subsidiary ZhongAn Technology, the company promotes blockchain, AI, and generative AI applications across the insurance industry. ZhongAn holds over 20% market share in China's internet property and casualty insurance market.
Summary
ZhongAn Insurance is a Fintech company based in Shanghai, China, founded in 2013. It has raised $1.4B in total across 2 rounds, most recently a $500.0M Private Equity round in Jul 2025. Investors include Morgan Stanley, CICC and CDH Investments.
Tech & App Stack
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Funding History
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Jul 2025
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Series A through Private Equity — per-round amounts, valuations, and who invested in each round.
Investors
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