IYunbao

IYunbao, officially Shanghai Leopard Cloud Network Information Service Co., Ltd., is an insurance technology service platform established in 2015. The company, founded by CEO and Chairman Zhe Li, is headquartered in Shanghai, China, and operates with the mission of making insurance more inclusive through technology. IYunbao has positioned itself as an OMO (Online-Merge-Offline) platform, providing technology-enabled solutions to both insurance institutions and individual insurance professionals in China.

The firm's business model centers on empowering insurance agents and enhancing sales efficiency. It utilizes technologies like artificial intelligence and big data to analyze consumer behavior, enabling the efficient matching of insurance products with consumer protection needs. The platform offers a suite of services including mobile insurance, convenient claims processing, and online settlements. Revenue is generated by providing these technology services and solutions to its clients in the insurance sector. The company has successfully raised significant capital to fuel its growth, including a Series A round of 130 million RMB in 2018, an A+ round of 200 million RMB in 2019, and a Series B round in the same year, attracting investors such as Sun Life Financial, Lingfeng Capital, and Mangrove Capital.

A core component of IYunbao's offering is the proprietary "Cloud Map Big Data Laboratory," which includes an intelligent data center and a super data warehouse. This system analyzes behavioral data to provide insights for both online and localized agent services, tailored to diverse consumer scenarios. Additionally, the company developed the "Smart Mirror Risk Control System" to cover the entire risk control process, aiming to reduce costs and risks for insurance institutions. The "iYunbao" app was launched in 2016, and the company has since released key products and achieved significant milestones, including launching the industry's first metaverse insurance product conference in 2022 and recently receiving approval for a U.S. listing.

Keywords: Insurtech, insurance technology, OMO insurance platform, big data analytics, artificial intelligence in insurance, insurance agent empowerment, mobile insurance solutions, online claims settlement, risk control systems, China insurance market, financial technology, digital insurance, Series B, insurance sales efficiency, consumer behavior analysis, data-driven insurance, agent services, insurtech solutions, policy management, insurance innovation