
China’s first Internet-based insurer ZhongAn Online P&C Insurance Co., Ltd. today announced that its subsidiary ZhongAn International and SoftBank Vision Fund have entered into a shareholder agreement to boost ZhongAn’s technology solutions businesses outside China. The partnership will help ZhongAn expand its insuretech, fintech and other technology solutions businesses in overseas markets with an initial focus on Asia. As part of this agreement, ZhongAn International will establish a new operating entity to partner with SoftBank in exploring international opportunities and …
SoftBank Vision Fund Helps Zhongan Insurance To Go International appeared first on China Money Network.