China’s ZhongAn Online P&C Insurance is poised to expand into neighbouring Japan, in a move that could hasten faster adoption of digital insurance in the mature and mostly undisrupted market.
ZhongAn recently partnered with Sompo Japan Nipponkoa to tap into the Japanese insurance market, which could triple in size to ¥179 billion (US$1.59 billion) by 2021, Nikkei reported.
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