Huize Partners with Ruihua Health Assurance to Launch A Customized Critical Illness Insurance Product
Portfolio Pulse from Benzinga Newsdesk
Huize Holding Limited (NASDAQ:HUIZ), an insurance technology platform, has announced a partnership with Ruihua Health Assurance to launch 'Darwin Critical Care No.9', a new customized critical illness insurance product in China. This addition to the 'Darwin Critical Care' series, first introduced in 2018, leverages data-driven and AI-powered solutions to connect consumers, insurance carriers, and distribution partners.
April 15, 2024 | 9:01 am
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Huize Holding Limited has expanded its product line through a partnership with Ruihua Health Assurance, launching a new critical illness insurance product in China.
The launch of 'Darwin Critical Care No.9' by Huize, in partnership with Ruihua Health Assurance, represents a significant expansion of Huize's product offerings and its commitment to leveraging technology in the insurance sector. This move is likely to be viewed positively by investors, as it demonstrates Huize's ongoing innovation and potential for capturing a larger market share in the critical illness insurance market in China. The use of data-driven and AI-powered solutions could also enhance operational efficiencies and customer satisfaction, potentially leading to increased sales and profitability.
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