Ping An Life Insurance Company Of China

Ping An Life Insurance Company Of China, Ltd., established in 2002, is an important member of Ping An Insurance (Group) Company of China, Ltd. As of December 31, 2017, the registered capital of Ping An Life Insurance was 33.8 billion yuan, with 42 branches (including 7 telesales centers) and over 3,300 business outlets across China. The company has a team of 1.386 million life insurance agents. It operates through multiple channels including individual insurance, bank insurance, telesales, and internet sales, achieving coordinated development. Its operational management level and customer experience lead the market. Relying on the group’s "finance + technology" dual-driven strategy, the company adheres to compliant operations and risk prevention while ushering in a new era of platform-based operations. It continuously enhances its two core competencies—products and technology—to promote sustainable, healthy, and stable growth in intrinsic value and scale.The company adheres to the concept that "insurance is about protection," focusing on the "product+" strategy to extend the boundaries of life insurance products. In 2017, it optimized and upgraded its main protection product, "Ping An Fu," increasing coverage levels; segmented customer groups to develop products with features such as multiple cancer payouts, long-term disability care, and high-end whole life insurance, building a diversified protection supply system. Leveraging group resources, it launched the 360-degree medical service, providing customers with comprehensive solutions and support throughout the "diagnosis-treatment-recovery" process. Combined with the Ping An RUN health initiative, it created a health closed loop encompassing "upstream health prevention, midstream economic compensation, and downstream medical services" to meet customers' all-around health risk management needs.