ZhongAn generates 70pc of 2017 car insurance premiums in just one month

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ZhongAn Online Property and Casualty Insurance has seen explosive growth in car insurance premiums, making nearly 70 per cent of the segment’s revenue this January than it did for entire 2017, thanks to its strategy to use big data and artificial intelligence to provide more innovative products and create an online platform that encompasses companies along the car value chain to build customer loyalty.
The online insurer ZhongAn’s car insurance premiums surpassed 56 million yuan (US…

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