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ZhongAn Technologies International Group Limited (“ZA International”) was established in Hong Kong in December 2017 by ZhongAn Online P & C Insurance
Co., Ltd. (HKEX stock code: 6060), an online-only insurtech company in China, to explore international business development, collaboration and investment opportunities in the areas of fintech and insurtech in overseas markets. In August 2018, ZA International
and SoftBank Vision Fund announced cooperation to boost ZhongAn’s technology solutions businesses outside China, with an initial focus on Asia. In September 2018, ZA International announced that it would support the digital transformation of Sompo, a Japanese
insurance giant, with its next-generation insurance system built upon end-to-end cloud technologies. In January 2019, ZA International and Grab, Southeast Asia’s leading online-to-offline mobile platform, announced the establishment of a joint venture to enter
the digital insurance distribution business in the region.
On 24 March 2020, ZA Bank, a subsidiary of ZA International, officially became the first virtual bank in Hong Kong, providing Hong Kong customers with banking products and services that break conventions and time boundaries. On 4 May 2020, ZA Life Limited, a joint venture between ZA International and Fubon Life Insurance (Hong Kong) Company Limited, was granted a digital-only insurer license by the Hong Kong Insurance Authority under its Fast Track pilot scheme, operating under the trade name “ZA Insure”. It aims to serve the needs of different people with innovative insurance services and products, offering protection to a wider population.