CHECHE

The third Insurtech 100 selection initiated by FinTech Global, a Fintech focused British research and advisory firm, was announced on November 4th. Cheche Technology was the only Chinese Insurtech selected in the top 100 list.With its leading innovations insystem integration, technology application and service efficiency, Cheche Tech has become one of the prime case studiesin the space of digital insurance startups globally.

FinTech Global was established in 2016. Its team members have come from global corporationssuch as McKinsey, Accenture, JPMorgan Chase, Barclays Bank and others. It is a well-known institution focusing on research and consulting in the field of financial technology. The 2020 Insurtech 100 selection brought togetherindustry experts and research analysts to review, interview and vote on 100 most innovative Insurtech companies in the world froma pool of more than 1,200 companies.

Other notable companies that werechosenin the Insurtech 100 include Cambridge Mobile Telematics, Vertafore, CyberCube, dacadoo and other. Vertafore is a major provider of SaaS services for the property and casualty insurance industry in the United States, serving thousands of insurance institutions. Cambridge Mobile Telematics was incubated at MIT in 2010 to provide data analytics and machine learning algorithms to improve driving behavior for the general public.CyberCube is well-knownfor constructing data-driven network analysis for the insurance industry and serves customers all over the world. Dacadoo has more than 100 patents and its products have beentranslated into 15 languages and widely used. Insurtech companies such as Root and Lemonadewere selected in prior years.