The 20 years that Taikang has gone through: from the staking circle to the integrator of the new medical ecological chain

On August 18th, 2016, “Tai Kang 20th Anniversary Celebration Series Health Care + Internet Insurance Innovation Forum” was held in Beijing. The forum also marked Taikang’s successful completion of the “Looking for China Medical New Policy”.

Mr. Chen Dongsheng, Chairman of Taikang Life Insurance, made the following remarks:

Taikang Online is Taikang's innovation in the Internet age

After the promulgation of the China Insurance Law in 1996, Taikang was the first group-based market-based insurance company established. At the conclusion of the ten-year period, Taikang is still a single professional life insurance company. It is still in the middle of the road, making a nationwide network layout, building and building a huge sales system.

Life Insurance is a capital investor and the most important thing is to build a great sales system. A new technological revolution such as the Internet is a subversive and revolutionary flaw in traditional channels and traditional sales.

Although Taikang is a life insurance company, it established Taikang Online in 2000 and established Taikang Online Innovation Division in 2008, which has given Taikang Online a higher historical status and more resources. In 2015, Taikang Online obtained the first Internet license of a large insurance company and established Taikang Online Insurance Internet Company, which is the second insurance Internet company in the country.

Everyone here today is a common developer and maintainer of the Internet industry, and a collaborator of Internet finance and Internet insurance. In the past years, Taikang has accumulated millions of customers through cooperation with Ali, Ctrip, 360, Tencent and Baidu.

The 20 years that Taikang has gone through: from the staking circle to the integrator of the new medical ecological chain

Taikang Life Insurance Chairman and CEO Chen Dongsheng

Taikang has fully entered the medical pension industry and is a human-innovative insurance financial services group.

Taikang Insurance has a total of 170 million customer service customers and more than 40 million customers who purchase long-term life insurance. Now, there are 21 million effective customers, and there are 50 million Internet-paid customers. There should be 80 million customers and the accumulated assets have exceeded one trillion. This means that Taikang will manage one trillion US dollars in the future and become the largest pension fund manager in China, becoming the long-term, largest and stable capital provider and capital investor in China's capital market.

Taikang Future will be a huge ecological chain. Future cooperation will not be limited to insurance. As long as anyone has a good business model, as long as anyone wants to have good development, we may be the most important investor. Taikang currently has 4,200 sales outlets, from Mohe to Yili to Sanya, and there are 500,000 insurance agents in the country.

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