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
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

1 technologies & apps tracked

Create a free account — 10 credits a month to unlock the full tech & app stack, funding history, and valuations.

Sign up to view the funding chart

Create a free account — you'll get 10 credits a month to unlock funding history, valuations, and tech stacks.

Funding History

Private EquityPrivate EquityJul 2025
$500.0M

Sign up to see all 2 rounds

Full funding history, per-round amounts, and investor participation.

Investors

Similar Companies