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Associated Press
a day ago
- Business
- Associated Press
Zhibao Technology Announces Participation in the Skyline Signature Series Webinar
Shanghai, China--(Newsfile Corp. - July 15, 2025) - Zhibao Technology Inc. (NASDAQ: ZBAO) ('Zhibao,' 'we,' or the 'Company'), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced that Zhibao Technology's executive management team will be delivering a live Company presentation on Thursday, July 17 at 12 PM ET via the Skyline Signature Series. About The Skyline Signature Series The Skyline Signature Series is Skyline Corporate Communications Group, LLC's proprietary branded live virtual webinar event that provides public companies with a convenient and effective forum to communicate their story to a diverse audience of financial professionals through live CEO virtual presentations. Following Zhibao's Company presentation, a Q&A session will be held where audience members will have the opportunity to submit their questions, which will then be answered live by Zhibao's management. Presentation Details Presenters: Daniel Tao (Underwriting & Product Director & Investor Relations Director) Date: Thursday, July 17, 2025 Time: 12:00 PM ET Location: Virtual Fee to Attend: Free Registration Link: Sign-Up Here 'The Skyline Signature Series offers an excellent opportunity for Zhibao to connect with both current and potential shareholders,' said Mr. Botao Ma, CEO of Zhibao Technology. 'Participating in events like this allows us to share our latest innovations and progress with a broader audience of investors, industry experts, and potential collaborators. This upcoming event serves as a valuable platform for building strategic relationships, gaining insight into investor sentiment, and enhancing communication and transparency with our shareholder community.' About Zhibao Technology Inc. Zhibao Technology Inc. (NASDAQ: ZBAO) is a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities ('Zhibao China Group') in China. 2B2C ('to-business-to-customer') digital embedded insurance is the Company's innovative business model, which Zhibao China Group pioneered in China. Zhibao China Group launched the first digital insurance brokerage platform in China in 2020, which is powered by their proprietary PaaS ('Platform as a Service'). Zhibao has developed over 40 proprietary and innovative digital insurance solutions addressing different scenarios in a wide range of industries, including but not limited to travel, sports, logistics, utilities, and e-commerce. Zhibao acquires and analyzes customer data, utilize big data and AI technology to continually iterate and enhance its digital insurance solutions. This iterative process, in addition to continually improving its digital insurance solutions, will keep it abreast of the new trends and customer preferences in the market. For more information, please visit: Forward Looking Statements Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute 'forward-looking statements' within the meaning of The Private Securities Litigation Reform Act of 1995. The words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'is/are likely to,' 'potential,' 'predict,' 'project,' 'should,' 'target,' 'will,' 'would' and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the 'Risk Factors' section of the registration statement filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at Investor Relations Contact Zhibao Technology Inc. Investor Relations Office Email: [email protected] Skyline Corporate Communications Group, LLC Scott Powell, President Avenues Tower 1177 Avenue of the Americas, 5th floor New York, NY 10036 Office: (646) 893-5835 Email: [email protected] To view the source version of this press release, please visit
Yahoo
09-07-2025
- Business
- Yahoo
wefox garners €151m in funding
wefox, a digital insurance company in Germany, has raised €151m ($177m) to support its new strategic focus on its managing general agent business and smart insurance distribution. The funding comprises a €76m capital raise, primarily from existing investors, and a €75m refinancing of an existing credit facility from Searchlight Capital Partners' credit fund, Searchlight Opportunities Fund II. The move follows the completion of wefox Group's business restructuring programme, which included the divestiture of wefox Insurance AG in Liechtenstein and its Italian entities, wefox MGA and wefox Services Italy. The company plans to use the new capital to expand its market presence in Austria, the Netherlands, and Switzerland. Joachim Müller, CEO of wefox Holding AG, commented: 'Our strengths and our focus on MGA and smart distribution services make us an attractive partner for risk carriers and downstream brokers. 'I would like to express my gratitude to my team and all employees who have contributed to our successful transformation, as well as our investors for their continued trust and support. I would also like to thank the outgoing board members for their support and collaboration, and I look forward to working with Prateek on the board.' Additionally, wefox Holding disclosed changes to its board of directors. Prateek Puri from Searchlight Capital Partners and Joachim Müller, CEO, have joined the board. Julian Teicke, Fabian Wesemann, Dario Fazlic, and Nikolaus Frei have resigned from their board positions. "wefox garners €151m in funding " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Irish Times
01-07-2025
- Business
- Irish Times
More than 30 Irish jobs to be lost as Swiss insurer pulls out of Ireland
More than 30 Irish jobs are to be lost after Swiss company La Mobilière moved to close its digital insurance operation in Dublin on Tuesday. The group founded the Dublin-based insurtech Companjon in 2020 with the aim of opening a new line of business and gaining insights into the behaviour of customers and partners in the digital insurance business. It designs, builds, and underwrites protection for global online businesses seeking to enhance their existing customer offerings. It specialises in embedded insurance that's fully digital. La Mobilière said the decision was taken following a review and the development of a new corporate strategy as the company pivots to a stronger focus on its core insurance and pensions business in Switzerland. READ MORE The company said the decision 'will have a significant impact' on the approximately 60 employees at Companjon, of which 34 are based in Ireland with the others across Europe. The group began a consultation process with staff on Tuesday. La Mobilière chief executive Michèle Rodoni said 'further development and scaling of this business area is not in line with our strategic focus on the core business in Switzerland'. The existing embedded insurance policies, the 'vast majority' of which have short term liabilities, will be run off. Companjon said it will work closely with its business partners and the regulatory authorities following the decision. It said the consultation with its employees and business partners will determine the specific timelines of the run-off. A third households and businesses in Switzerland are insured by La Mobilière. Active in all lines of insurance, it had an annual premium volume of around 4.9 billion swiss francs (€5.3 billion) at the end of last year. It has 80 agencies with their own claims service at about 160 locations, serving about 2.3 million customers. It also has 6,600 employees in its home markets of Switzerland and Liechtenstein, as well as 350 trainees. Founded as a co-operative in 1826, La Mobilière is Switzerland's oldest private insurance company.
Yahoo
27-06-2025
- Business
- Yahoo
Ph fintech GCash unlocks insurance for 14 million Filipinos
MANILA, Philippines, June 27, 2025 /PRNewswire/ -- Insurance has traditionally been perceived as a luxury for many Filipinos, often sidelined due to daily financial priorities. GCash, the country's leading finance super app, is changing this through its digital insurance platform, GInsure. Launched in 2021, GInsure offers flexible, straightforward, and affordable coverage and is conveniently available on a platform trusted by millions. As of the first quarter of 2025, GInsure has unlocked insurance for over 14.6 million users, issuing more than 51.4 million policies. "We are humbled to be able to come to the aid of users who are looking for a more affordable and accessible way to protect themselves and their loved ones," said Winsley Bangit, GCash VP and Head of New Businesses. Focusing on affordability, GCash enables more Filipinos to build financial resilience. Users can select from over 48 insurance products in the app's Marketplace, covering Health, Life, Travel, and more, underwritten by GCash's partners. Protection can also be enhanced when transacting online. For instance, "Express Send Scam Insurance" provides personal cyber protection for just Php30 for 30 days. More recently, GInsure introduced "Buy Load Plus Health Insurance", offering free health and accident insurance to customers purchasing mobile load credits via the GCash app. Eligible users can receive up to Php 30,000 in free accident and health insurance benefits, including hospital income coverage of Php 500 per day for up to 5 days if unable to work at no additional cost. For GCash, micro-insurance is a practical way to extend financial protection to those traditionally uninsured or under-insured, addressing communities with the greatest need but limited access to conventional products. This initiative helps make financial protection a realistic part of everyday life for millions of Filipinos. For more details, visit View original content to download multimedia: SOURCE GCash Sign in to access your portfolio
Yahoo
19-06-2025
- Business
- Yahoo
Willis unveils digital insurance platform for Australian SMEs
Willis, a business under the WTW umbrella, has introduced Zest Insurance, a digital insurance platform designed for small and medium-sized enterprises (SMEs) in Australia. The platform aims to streamline the insurance process, enabling SMEs to purchase, manage and renew their policies entirely online. Zest Insurance seeks to meet the evolving insurance needs of modern business owners by providing a fully digital customer journey. Types of coverage include cyber liability, professional indemnity, public and product liability, business contents, glass insurance and business theft. The platform features one dedicated insurer per industry, with initial services available to businesses in the administration and support services sector. This includes a range of professions such as bookkeepers, payroll service providers and management consultants. Chubb is set to be the exclusive underwriter for policies within this initial industry focus. Zest Insurance also ensures that expert advice is accessible for SMEs that require additional support. Willis head of Commercial & Affinity, Pacific, Brent Lehmann said: 'SMEs are the backbone of the Australian economy, yet many still face outdated, complex processes when it comes to insurance. They increasingly demand convenience, speed and tailored insurance solutions. 'Zest Insurance is our answer to that challenge, bringing together digital convenience and trusted expertise in one powerful platform. It aims to make purchasing business insurance more straightforward for small business owners.' In April, Willis rolled out FinTech Plus, an insurance solution targeted at fintech companies. "Willis unveils digital insurance platform for Australian SMEs " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
