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

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.

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