Huize Holding, Ltd.
Huize Holding, Ltd. is a leading independent online insurance product and service platform in China that is not affiliated with insurance companies or other insurance industry participants. As a licensed insurance intermediary operating an online platform, it does not bear underwriting risks. Huize distributes on its platform insurance products underwritten by insurance companies it cooperates with, whom Huize refers to as our insurer partners, and help them reach a large number of purchasers of insurance products, or Huize's insurance clients. Huize primarily generates revenues from the insurance brokerage fees paid by its insurer partners. Huize believes, leveraging internet, technology and data analytics expertise, its business model enables Huize to reach the insurance retail market in a cost-effective manner.
In order to serve clients' protection needs, Huize offers a wide variety of insurance products with easy-to-understand terms and focusing on protection. Huize's products cover two major categories' life and health insurance products, and property & casualty insurance products. A substantial portion of its insurance client base are the younger generation, particularly life and health insurance clients. The younger generation are typically tech-savvy, with strong preference to online transactions. The online platform offers digitalized insurance experience and services efficiently and effectively through various internet and mobile internet channels, attracting the younger generation and meeting the growing trend in online insurance purchase. Targeting the younger generation, Huize is dedicated to serving its insurance clients for their life-long insurance needs. Huize believes that its insurance clients are at an early stage of establishing insurance protection for both themselves and their families. By focusing on long-term life and health insurance products, it creates long-term engagement with its insurance clients, which enables Huize to provide insurance services to insurance clients along their life journey, generate long-term recurring revenues from commission fees, and accumulate multi-dimension data from such clients to improve its product development and risk management capabilities.
Location of Key Operations
Pricewaterhousecoopers Zhong Tian LLP
IPO (February 2, 2020)
Harriet Hu, Internal
September 25, 2021: Huize Announces Definitive Agreement to Acquire Leading Regional Insurance Agency Shengs Life & General | Huize Holding Ltd
September 9, 2021: Huize Holding Limited Reports First Half and Second Quarter 2021 Unaudited Financial Results | Huize Holding Ltd
September 3, 2021: Huize Partners with Hengqin Life to Launch “Hui Xin An No.5” – A Customized Child Critical Illness Insurance Product | Huize Holding Ltd
August 31, 2021: Huize Holding Limited to Report First Half and Second Quarter 2021 Financial Results on September 9, 2021 | Huize Holding Ltd
August 24, 2021: Huize to Acquire Leading Regional Insurance Agency Shengs Life & General to Accelerate its Online-to-Offline Integration and Open Platform Strategy | Huize Holding Ltd
August 18, 2021: Huize Partners with Sun Life Everbright Life Insurance to Launch “Everbright Smart Choice” – A Customized Retirement Annuity Insurance Product | Huize Holding Ltd
August 17, 2021: Huize Announces Management Share Purchase Plan to Demonstrate Confidence in the Prospects for Its Business | Huize Holding Ltd
July 13, 2021: Huize Partners with Sungrow to Launch Immune Cell Cryopreservation as a New Value-added Service | Huize Holding Ltd
June 18, 2021: Huize Launches “Darwin Critical Care 2021” with Sunshine Insurance Group – An Innovative Critical Insurance Product for Consumers with Pre-existing Conditions | Huize Holding Ltd
May 18, 2021: Huize Holding Limited Reports First Quarter 2021 Unaudited Financial Results | Huize Holding Ltd
May 11, 2021: Huize Holding Limited to Report First Quarter 2021 Financial Results on May 18, 2021 | Huize Holding Ltd
March 10, 2021: Huize Holding Limited Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results
March 4, 2021: Huize Holding Limited to Report Fourth Quarter 2020 Financial Results on March 10, 2021
February 9, 2021: Huize Holding Limited Announces Changes to Board of Directors
January 26, 2021: Huize Preannounces Preliminary Estimated Unaudited Operating Revenue for Fourth Quarter 2020