Huize Holdings is a Shenzhen-based company operating an online insurance marketplace that aggregates insurance products and aims to provide a seamless user experience targeting the younger generation. The platform connects insurance providers and customers, providing the insurer with a digital sales channel and the customer with product variety.
Huize offers two broad categories of insurance products, life and health insurance products and property and casualty insurance products. In the six months ended June 30, 2019, the average age of those who purchased life and health insurance products was 32. The company also aims to establish a closed loop by handling user’s claim settlements and other transactions through convenient online access.