According to reports, the size of the Internet insurance industry is expected to reach 400 billion yuan to 1.75 trillion yuan by 2020. Faced with such a vast market money scene, Internet giants with a keen sense of smell will naturally not let go.
Within the Alibaba system, Ant Golden Clothing has been responsible for deep farming insurance business. According to the information provided by Ant Golden Clothes to the reporters of Securities Daily, Ant Golden Clothes Insurance Service Platform was formally established in 2015, and its insurance team has exceeded 200 people. By the end of last year, the number of users of Ant Gold Service had reached 500 million.
Tencent related parties told the Securities Daily reporter that Tencent has entered the insurance industry in the form of wholly-owned subsidiaries, holding shares, equity participation and other forms, through micro-insurance agents, Tencent insurance brokers, Hetai Life, public security insurance, etc. As Tencents first holding insurance platform, WeSure has cooperated with 18 insurance companies such as Taikang Online and China Peoples Property Insurance.
Baidu and Allianz Insurance, Gaolu Capital, launched the establishment of an Internet insurance company called 100 Security Insurance. In September 2017, Baidu started an insurance brokerage licence through its wholly-owned subsidiary Baidu Pengwei Asset Management (Beijing) Co., Ltd.
Looking from the development trend in recent years, the proportion of Internet insurance in the insurance industry is increasing. Internet giants with traffic resources have unique advantages in the layout of insurance industry. Huang Dazhi thinks.
The entrants of the new-minded faction
In recent years, the field of Internet insurance has also attracted many other Internet companies, the insurance industry cutting-edge map leaps to paper. Standing on the Internet + draught, these enterprises, with the help of strong shareholder resources and breakthroughs in traditional marketing methods, have greatly realized the trend of overtaking corners.
According to incomplete statistics, besides BAT Internet giants, the giants headed by Jingdong, Suning, millet, Sina, Netease, commodity finance and Gome are also working in the field of Internet insurance.
In April 2018, Jingdong invested 536 million yuan into Allianz Property Insurance China, becoming its second largest shareholder. Earlier, Jingdong invested in Tianjin Tianjin Investment Insurance Brokerage Company.
According to the data, since the financial and insurance sector of Jingdong began to operate formally in 2015, it has possessed insurance brokerage licences and insurance agency licences. Another Internet giant, Suning, also laid out insurance earlier. In February 2014, Suning became the first retail enterprise to obtain national professional insurance agency qualification. At present, Suning Insurance has formed a relatively complete product line.
Suning Finance told Securities Daily that Suning Insurance has cooperated with more than 70 insurance companies, serving 6.5 million customers and selling 4.8 billion yuan.
Another cutting-edge school has huge flow resources. According to public data, it is relatively early to enter the insurance field. As early as 2015, the merger of Droplet and Quick announced the financing of 2 billion US dollars, and there was a safe image among investors. In July 2019, Droplet finally got a real insurance license. Guomei Insurance is an open insurance innovation platform under Guomei Finance. At present, Gome has an insurance brokerage licence. The insurance aspect is to provide commodities and personal insurance services around usersfamilies. Millets financial distribution insurance is not too early. In June 2016, millet launched its first insurance product. After getting the insurance brokerage licence, it has launched a series of insurance products. Materialism Finance was granted an insurance agency license in 2015, and Rich Life, which was funded by Materialism in 2017, was approved. According to public reports, Sina has also announced that it will join hands with its holding Xingmin Insurance Brokerage Company to officially enter the field of Internet insurance, with the first push on screen and tourism insurance. Source: Liable Editor of Securities Daily: Yang Bin_NF4368
Guomei Insurance is an open insurance innovation platform under Guomei Finance. At present, Gome has an insurance brokerage licence. The insurance aspect is to provide commodities and personal insurance services around usersfamilies.
Millets financial distribution insurance is not too early. In June 2016, millet launched its first insurance product. After getting the insurance brokerage licence, it has launched a series of insurance products.
Materialism Finance was granted an insurance agency license in 2015, and Rich Life, which was funded by Materialism in 2017, was approved.