Qianhai Insurance Exchange Center
Financial insurance exchange platform for institutional clients.
| Date | Investors | Amount | Round |
|---|---|---|---|
$489k | Angel | ||
| Total Funding | 000k | ||
Qianhai Insurance Exchange Center, approved by the Shenzhen government in 2013, serves as an innovative pilot platform for the "Shenzhen Insurance Exchange." It is recognized as one of the first seven major financial element trading centers in the Qianhai Modern Service Industry Cooperation Zone and was among the initial 18 projects to receive national financial support from the State Council. The center's primary role is to spearhead innovation within Shenzhen's insurance sector.
Operating within the broader Qianhai initiative, which aims to deepen financial cooperation between Shenzhen and Hong Kong, the center is part of a strategic effort to open up China's financial markets. The business model is centered on providing a trading platform and facilitating transactions for institutional clients within the insurance and reinsurance sectors. It supports the development of cross-border RMB-settled reinsurance business and collaborates with various financial institutions and health data companies to explore new applications for commercial insurance. The platform is designed to connect firms with capital, serving the real economy by creating a market-oriented financing venue independent of traditional exchanges and commercial banks.
The center is a key component of the Qianhai Exchange Plaza, which also includes equity and financial asset exchanges, positioning it as a focal point in the Guiwan area of Qianhai. This area is envisioned as an international financial hub and a global headquarters center, with significant infrastructure and transport links. The broader "Qianhai Model" emphasizes institutional innovation, particularly in cross-border finance and data circulation, to drive high-quality development in the region.
Keywords: insurance exchange, financial services, reinsurance, Shenzhen, Qianhai, cross-border finance, institutional trading, financial innovation, risk management, capital markets, wealth management, insurance technology, asset trading, corporate insurance, financial hub, Shenzhen-Hong Kong cooperation, policy pilot, commercial insurance, data application, RMB settlement