Huize Announces Strategic Partnership with Ping An Health Insurance and the Joint Launch of “Chang Xiang An” – A Customized Long-term Medical Insurance Product
March 24 2023 - 6:00AM
Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ:
HUIZ), a leading digital insurance product and service platform for
new generation consumers in China, today announced the signing of a
new strategic partnership agreement with Ping An Health Insurance
Company of China, Limited (“Ping An Health Insurance”). In
addition, the two companies also announced the launch of “Chang
Xiang An”, a cost-effective long-term medical insurance product
customized to meet consumers’ long-term protection needs.
Compared with other offerings in its category, “Chang Xiang An”
features strengthened protection in three key areas: (i) long-term
protection: guaranteed policy renewals for 20 years to provide
customers with peace of mind over the long run; (ii) designed for
the entire household: with a maximum eligibility age of 70,
discounts on family subscriptions, and family deductible benefits;
and (iii) comprehensive healthcare management services: providing
customers with full-spectrum health and medical protection through
access to 20 major healthcare management services.
Mr. Cunjun Ma, Chairman and Chief Executive Officer of Huize,
commented, “We are pleased to announce the establishment of a
strategic alliance between Huize and Ping An Health Insurance and
the launch of our first co-developed product “Chang Xiang An”
long-term medical insurance. We believe the strategic partnership
will capitalize on Ping An Health Insurance’s extensive expertise
in the health insurance market and Huize’s in-depth customer
insights and digital operation capabilities. We look forward to
accelerating our cooperation with Ping An Health Insurance in the
fields of insurance product customization and promotion, customer
engagement, and health management service going forward.”
About Ping An Health Insurance Company of China,
Limited
Founded in 2005, Ping An Health Insurance Company of China is a
subsidiary of Ping An Insurance (Group) Co. of China Ltd. with a
registered capital of RMB500 million. Major businesses of Ping An
Health Insurance include all types of health insurance business,
accident insurance business, healthcare consulting services and
reinsurance business for health insurance companies.
For more information, please visit
https://health.pingan.com/en/index.shtml.
About Huize Holding Limited
Huize Holding Limited is a leading digital insurance product and
service platform for new generation consumers in China. Targeting
the younger generation, Huize is dedicated to serving its insurance
clients for their life-long insurance needs. Leveraging its online
platform, Huize offers a wide variety of insurance products with a
focus on long-term life and health insurance products and empowers
its insurer partners to reach a large fragmented client base in the
insurance retail market efficiently and enhance their insurance
sales. Huize provides insurance clients with digitalized insurance
experience and services, including suitable product
recommendations, consulting service, intelligent underwriting, and
assistance in claim application and settlement, which significantly
improve transaction experience.
For more information, please visit http://ir.huize.com.
For investor and media inquiries, please
contact:
Investor RelationsHarriet HuInvestor Relations
Directorinvestor@huize.com
Media Relationsmediacenter@huize.com
Christensen AdvisoryIn ChinaMs. Crystal
LaiPhone: +852 2117 0861Email: crystal.lai@christensencomms.com
In U.S.Ms. Linda BergkampPhone: +1-480-614-3004Email:
linda.bergkamp@christensencomms.com
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