Ant Insurance, a platform integrated within Alibaba’s Alipay app, reported a 23% year-on-year increase in health insurance payouts from partner insurers over the past 12 months. The surge in claims was facilitated by Ant’s EasyClaims (AnXinPei) feature, which streamlined online claims processing, resulting in a total of 4.69 million healthcare claims processed in 2023.
The company attributes the rapid expansion of the online health insurance segment to growing demand for online medical consultations and enhanced product offerings from digital insurance providers.- Flcube.com
