16 Jan 2019

Joint venture between ZhongAn Technologies International Group Limited and Grab Inc

Partners Tracy Ang, Benjamin Cheong, Senior Associate Clement Chan and Associate Justin Lee advised ZhongAn Technologies International Group Limited ("ZA International") on its joint venture with Grab to create a digital platform to distribute insurance products in South East Asia. ZA International is the overseas business development subsidiary of ZhongAn Online P&C Insurance Co., Ltd. a Chinese online-only insurance company listed on the Hong Kong Stock Exchange. The platform will offer a range of insurance products at reduced premiums to users through the Grab mobile app. Grab and ZA International’s JV will collaborate with global insurance partners to develop products that are tailored specifically to South-east Asians’ lifestyle needs.