SunCar partners with Li Auto for cutting-edge insurance technology upgrade.

TLDR:

Key Points:

SunCar Technology Group Inc. has announced a new business cooperation with Beijing Li Auto Insurance Brokerage Company.
The partnership aims to develop an advanced information technology system for insurance brokerage to improve operational efficiency within the insurance sector.

SunCar announces deal with Li Auto for insurance tech upgrade

SunCar Technology Group Inc. has entered into a new business cooperation with Beijing Li Auto Insurance Brokerage Company. The agreement, valued at RMB 1.74 million, involves the development of an advanced information technology system for insurance brokerage, focusing on enhancing operational efficiency within the insurance sector. The project, expected to be completed by November 15, 2024, will be led by SunCar’s subsidiary Shanghai Chengle Network Technology Co., Ltd.

This collaboration underscores SunCar’s commitment to innovation in the insurance industry and aims to set a new standard for technology-driven solutions in insurance brokerage. SunCar Technology Group Inc., founded in 2007, is a leader in China’s B2B automotive after-sales services market and the online insurance market for electric vehicles. The company’s cloud-based platform connects drivers with a range of automotive services and insurance coverage options through a nationwide network of provider partners.

Post Views: 208

Latest from Blog

AI boosts UK insurance fraud, revealed in report.

AI Helping Rise in UK Insurance Fraud, Report Shows TLDR: Nearly one in five insurance claim handlers believe many fraud claims now involve fake supporting documents created using AI tools A Law360

“Swiss Re boosts GenAI-powered partnership for P&C reinsurance expansion.”

TLDR: Swiss Re has expanded its partnership with a generative artificial intelligence (GenAI)-powered company to include property and casualty (P&C) reinsurance operations. Swiss Re partners with GenAI-powered company for P&C reinsurance operations.

Cutting-edge Risk Management Solutions for Insurance Companies.

Enhancing Risk Estimation and Pricing Strategies TLDR: Key Points: AI and big data analytics are transforming risk management in the insurance industry. Regulatory pressures and new technologies are driving AI adoption in

Your Daily InsurTech Briefing – 2024-09-24

Let’s see what’s in the news today. Insurers grapple with AI ethics and regulation USAA, MMG Insurance and Munich Re executives spoke about these insurers’ efforts to model risk and use data

AI fuels surge in UK insurance fraud with falsified claims

“`html TLDR: 65% of insurance claims handlers have noticed an increase in fraudulent claims since the cost-of-living crisis hit. 19% suspect that up to one in four claims are now using fake

Japan Insurers Group Urges Members to Reduce Cross-Shareholdings for Success.

TLDR: Key Points: Bloomberg article discussing unusual computer activity Users are being prompted to confirm they are not robots Article Summary: The Bloomberg article addresses the issue of users being asked to

Revolutionize ridesharing in Japan with Automobile Insurance for Mobility Providers.

TLDR: Tokyo Marine & Nichido Fire Insurance will begin selling “Automobile Insurance for Mobility Service Providers” in Japan starting in January 2025. This insurance policy is designed for ridesharing services utilizing private

LinkGevity scores Deep-Tech EU Grant for cutting-edge innovation!

“` Key Elements of LinkGevity Article TLDR: LinkGevity awarded Women TechEU grant for AI-driven drug discovery Company uses proprietary Blueprint Theory of Aging for innovative approach to drug discovery Article: LinkGevity, an

Insurance companies battle ethical and regulatory challenges of AI technology.

TLDR: Insurers and insurtechs are grappling with the ethics and regulations surrounding the use of AI in their businesses. The U.S. and Europe have adopted models and frameworks for AI use in

Genius.AI teams up with ClickBank for AI digital marketing!

TLDR: Genius.AI partners with ClickBank to revolutionize digital marketing with AI-powered solutions. The collaboration introduces cutting-edge AI technology to ClickBank’s affiliate network, simplifying processes for new and experienced users. Genius.AI, a leader

Suggestions

SunCar partners with Li Auto for cutting-edge insurance technology upgrade.

TLDR:

SunCar announces deal with Li Auto for insurance tech upgrade

Latest from Blog