2007
Hyundai Insurance (China) Co Ltd. founded
Qingdao Branch opened
2011
2020
Joint venture set up
New era of transformation and development
2021
2021
Guangdong、Hubei、Sichuan Branch opened
Technology-driven Innovation
Hyundai Insurance (China) Co., Ltd. (“HI” as an abbreviation), which is headquartered in Beijing, first came to market in 2007. It has built a strong reputation after more than fifteen-year sustainable practices, assuming risks amounted CNY600 billion since the opening.
HI had increased its registered capital to CNY1.67 billion on March 2020. Legend Holdings Corporation and DiRun (Tianjin) Technology Company are both listed as the company’s second-largest shareholders via acquisition of 32% of the total shares respectively. Since that time, HI had changed from a wholly foreign-owned insurance company to a joint venture company.
We provide comprehensive insurance products, including auto insurance, property insurance, construction insurance, liability insurance, cargo insurance, short-term health insurance, accident insurance, etc. We serve millions of customers domestically and internationally.
We are dedicated to provide our customers with high-quality services through technological empowerment, innovative products, and enhanced user experiences, fueling HI’s growth through collaboration with our customers, partners and employees.
Focusing on mobility, shaping the Insurtech, build China's prominent innovative insurance company.
Hyundai Insurance (China) Co Ltd. founded
Qingdao Branch opened
Joint venture set up
New era of transformation and development
Guangdong、Hubei、Sichuan Branch opened
Technology-driven Innovation
Strength shareholders
Technology driven
Mindset innovation
User centric
Chairman of IAC visited HI for research
Yu Hua, Chairman of IAC , visited HI on August 24th, 2022.Jiang Xinwei, CEO of HI, met the leaderships of IAC with HI's management team.Jiang introduced HI's history, the transformation as a joint venture, major innovative measures and key chanllenges faced.Yu highly praised HI's achievements in strategic planning, compliant business operations, and innovative practices. She pledged that IAC will firmly support the development of HI.
HI's AIHS was nominated "Annual Innovation Product"
In July, 2022, the 7th session "Top Chinese Insurance Billboard" was released by National Business Daily. HI's Accident Insurance for Highway Safety ("AIHS")was nominated "Annual Innovation Product". The product was officially launched in March 2022,which is an innovative practice for HI to deepen the application of technology in various niches.The product is epotiom of HI's innovative driven transformation, which get highly recognized by the industry and community.
HI won "Zhongguancun High-tech Enterprise" qualification
On Mar 29th, HI won the"Zhongguancun High-tech Enterprise" qualification, issued by Administrative Committee of Zhongguancun Science City. The qualification highly shows HI's technological advances, research strength, and sustainable development potentials. Looking into the future, HI will further accelerate its technological development, holding to its commitment in building a innovative insuanrance company.
HI launched accident insurance for highway safety
HI's innovated accident insurance for highway safety is officially launched in Mar 2022. Featured by customization and promptness, it is the first usage-based accident insurance product for drivers and passengers. Differentiated from traditional ones, it offers extra coverage and full stack services on tap supported by LINGMAO system. It is one of HI's steady move towards Insurtech innovation.
The headquarter of HI was officially moved to New Actuation Fintech Center
On January 26, 2022, the headquarter of HI was officially moved to New Actuation Fintech Center, which had emerged as a pioneer in the core area of Beijing Fintech and Services Innovation Demonstration Zone. HI and New Actuation share a common interest in building China's prominent innovative insurance company. The relocation will inject new momentum into HI's development.
Opening of HI Sichuan Branch
On December 29, 2021, HI Sichuan Branch was officially lauched. It is HI's fourth branch office after Qingdao, Guangdong and Hubei. Located at Chengdu, the central city of Southwest China, the Sichuan branch is dedicated to expand its footprint in the promising market. HI's strategic trasnformation will get accelerated with an enlarged business scope.
HI emerged as "Top ten Risk management Insurance Company"
On Decmber 17, 2021, the first Chinese Insurance Digitalization Summit was held in Chengdu. HI emerged as "Top ten Risk management Insurance Company" out of dozens of competitors. The prize shows HI's excellent risk management solutions and application of digital approaches. HI will continuously promote its sustainable development through preventative risk control mechanisms and efficiency enchancement.
Opening of HI Hubei Branch
On October 18, 2021, HI Hubei Branch was officially lauched. It is HI's third branch office after Qingdao and Guangdong, the second branch after the setup of the joint venture. The preparations of Hubei branch had last for less than three months since authorization to registration. Established as a regional center, the Hubei branch will integrate itself with local communities and boost the development of Hubei insurance market by fully exploring products and services innovation.
HI was honored as "Top Chinese Insurance Company in 2021"
On July 8, 2021, the 6th session "Top Chinese Insurance Company Award" was announced by the National Business Daily. In view of its excellent innovative achievements, HI was honored as "2021 Top Chinese Insurance Company - Annual tech innovation list". HI will continuously enhance its technological advances through fully exploring the disruptive innovation opportunities, with an aim to reshape the industry.
Strategic cooperation between HI and Burning Rock
On May 28, 2021, HI had announced a strategic partnership with Burning Rock, collaborating closely in the areas of health insurance innovation, R&D, marketing, insurance customer services, health management services, etc. The connection of precision medical solutions and insurance services has given into full play of HI and Burning Rock’s advantages. Empowering health helps us make a social impact by improving the health and wellness of our customers and the community.
HI issued Beijing's first digital RMB insurance policy
On May 17, 2021, HI had issued Beijing’s first digital RMB insurance policy for Ms. Fu. – a “Chengyibao” insurance policy. “Chengyibao” is a million-yuan medical insurance product launched by HI, whose underwriting age limit is raised up to 75 years old. This attempt had given a boost to further cooperation between HI and Lakala. HI endeavors to provide innovative solutions to complex challenges within building an InsurTech ecosystem. Lakala gives help by providing digital payment services.
Opening of HI Guangdong Branch
On January 28, 2021, HI Guangdong branch was officially launched. It marks the HI’s second branch after Qingdao, and HI’s first branch after the setup of the joint-venture. It is a significant footprint in the company’s national expanding. The Guangdong branch has been authorized for preparations since September, 2020. Within only four months, the preparatory group had accomplished all the work before registration. The opening ceremony took place on January 28, 2021.
HI has been making efforts to implement a sustainable development strategy, focusing on technological innovation and efficient use of resources, contributing to effectively control greenhouse gas emissions. HI had released a guideline for customers to apply for insurance and claims online. Meanwhile, we actively work on developing innovative insurance products related to new energy vehicles.
Staying true to our original aspirations, HI hold our mission firmly in mind, with a keen emphasis on charity and public welfare. We support initiatives that help underserved people get the care and resources they need for everyday living. On July 9, 2021, HI had donated urgent supplies to Beijing Children's Home. Their president expressed sincere gratitude by presenting a thank you banner.
Consumer protection is our highest priority. We are committed to provide consumers with up-to-date information and resources to protect and manage their finances, and help them understand and comply with rules. Adhering to our user-centric philosophy, we are striving to continuously improve our customer experiences on a company-wide level.
1-16-401a,401b, 4F, No. 136 Xiwai Street, Xicheng District, Beijing
4006-080808
hi-ins-callcenter @hi-ins.com.cn
Beijing Qingdao Guangdong Hubei Sichuan
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