Quarterlytics / Financial Services / Insurance - Brokers / Fanhua Inc.

Fanhua Inc.

FANH · NASDAQ Financial Services
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Ticker FANH
Exchange NASDAQ
Sector Financial Services
Industry Insurance - Brokers
Employees 1001-5000

Business description

Fanhua Inc., a major insurance product distributor in China, has two primary business segments focusing on insurance agency and claims adjusting. Under the Insurance Agency segment, the company provides a wide range of property and casualty insurance products, including individual accident, travel, homeowner, and indemnity medical insurance products. It also offers life insurance products such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as participating insurance products. Meanwhile, the Claims Adjusting segment covers pre-underwriting survey, claims adjusting, residual value disposal, loading and unloading supervision, and consulting services. In addition, Fanhua Inc. operates a number of digital platforms such as baoxian.com, an online insurance marketplace, Lan Zhanggui, an all-in-one insurance sales and service platform, ehuzhu.com, an online mutual aid platform, Chetong.net, an online claims services resource aggregating platform, as well as Fanhua RONS DOP, a digital marketing platform, Fanhua RONS Guanjia, a customer service platform, and Fanhua WeCom that enables agents to directly interact with existing and potential customers. Fanhua Inc. serves its clients through insurance sales and service groups, insurance agencies, sales and service branches and outlets, registered independent sales agents, and in-house claims adjustors. The company, founded in 1998, is based in Guangzhou, China, and was previously known as CNinsure Inc. before changing its name to Fanhua Inc. in December 2016.

fanhuaholdings.com/
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Company facts
TickerFANH
ExchangeNASDAQ
Sector Financial Services
Industry Insurance - Brokers
Employees1001-5000