The Hong Kong Monetary Authority (HKMA) has approved the first batch of digital banking licenses for Standard Chartered, a Bank of China...
Lend Academy talks with Jeffrey Chen, CEO of ZhongAn Insurance; firm has seen great success in insurtech in China, issuing billions of small dollar value insurance policies through the internet; Chen talks about the insurance products offered through the platform, how they have scaled the business, some of the innovative technologies they are using and their goals for the future. Source
At Lang Di Fintech (LendIt's Chinese event), Peter Renton, the founder of Lend Academy, conducted an interview with ZhongAn Insurance CEO Jeffrey Chen; they talked about how the biggest insurtech company uses big data and artificial intelligence to measure risk, the scale of ZhongAn's business, regulatory issues and the future of the company; the article provides five key takeaways from the interview. Source