Ant Group
Formerly known as Ant Financial, Ant Group is one of China's biggest financial companies and is an affiliate of the Alibaba Group. It operates Alipay, China's largest digital payment platform.
Ant Insurance processes 7.25 million health claims in 2024
Ant Insurance processes 7.25 million health claims in 2024
Its AI-powered solution also processed 1.62 million claims last year.
Ant Insurance’s partners see $1.93b in claims
On a year-on-year basis, this was up 30%.
Ant Insurance unveils privacy-preserving auto insurance tech
Providers like PICC, Ping An, and CPIC have already adopted this type of tech.
Partner insurer payout leaps 23% YoY through Ant Group's insurance arm
Health insurance claims contributed about 5 million claims processed by partner insurers on Ant Insurance
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs
Rethinking insurance for the masses