FinTech Magazine August 2019 | Page 57

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03 ZhongAn

[ Jeffrey Chen ]

Chinese insurtech company ZhongAn was founded in 2013 with backing from Alibaba ’ s Jack Ma , Tencent ’ s Pony Ma and Ping An Insurance ’ s Mingzhe Ma . The company ’ s meteoric rise has seen it capture a younger demographic compared to most insurance companies thanks to its focus on the technological side of the business . Jeffrey Chen has been CEO and Executive Director of the Shanghai-based company since 2014 . In 2018 , the company received a $ 100mn investment from the SoftBank Vision Fund .
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