ZhongAn Insurance

IPO

China's first internet-only insurer, powered by technology

Public · Shanghai, China · Founded 2013 · $1.5B raised

Headquarters
Shanghai
Employees
1001–5000
Founded
2013
Business Model
B2B2C
Total Funding
$1.5B
Last Round
$500.0M Private EquityJul 2025
Rounds
3
Type
Public

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

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 $1.5B in total across 3 rounds, most recently a $500.0M Private Equity round in Jul 2025. Investors include Morgan Stanley, SoftBank and CICC.

Tech & App Stack

1 technology or app tracked

Every product and vendor across these categories, with where each signal came from.

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Funding & Exit History

Private EquityPrivate EquityJul 2025
$500.0M

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Funding: Series A through Private Equity. Amounts, valuations, and investors where available.

Investors

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