CHECHE

The comprehensive reform of auto insurance is a test for the entire insurance industry. On September 19, does the new regulationbring out competition or cooperation? Progression or recession?

Cheche Technology is one of the earliest InsurTech companies in Chinathat engage in digital auto insurance transactions. In six years, it not only has committed to developing technologies, but also has built anationwide offline service network. Currently Cheche Technology has developed into China's largest auto insurance digital transaction platform. Belowis an abstract of Mr.Zhang Lei’s speech from the 2020 Wuzhen InsurTechConference.

We believe that three things will emerge in the auto insurance market since the comprehensive reform. First, the focus in operation should change from distribution competition to refined pricing and user management completion. Second, product innovation should be encouraged and will be the key in driving the evolution of the market. At last, auto insurance value chain will be enabled to technology from all aspects from pricing, underwriting, distribution to claims, etc.

After six years of development and experiences, Cheche Technology has developed and experimented with unique technical capabilities in the whole process of digital auto insurance transaction as well asintelligent underwriting, dynamic pricing, reporting management systems,UBI and etc.In order to promote the healthy development of the industry and accelerate the smooth implementation of the comprehensive reform of auto insurance, Cheche Technology would like to open its technology and service capabilities to the entire industry. Ultimately Cheche Technology wants to collaborate with all participants in the ecosystem to facilitate the digital transformation of the industry and serve the customers the best way it can.