AIX Tech

Name

AIX Tech

Legal name

北京爱选信息科技有限公司

Website

https://aixbx.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

AIX Tech (爱选科技) is a Beijing-based B2B insurtech providing an AI-driven underwriting system for non-standard-risk applicants (700+ diseases, 50,000 scenarios) plus a long-term care health management platform, serving Chinese insurance carriers via enterprise licensing and partnerships.

Ownership category

akta.pro rank

Product category

Insurance Underwriting Software

NAICS

Other Insurance Related Activities (52429), Direct Health and Medical Insurance Carriers (524114), Computer Systems Design and Related Services (54151)

SIC

Accident & Health Insurance (6321), Insurance Agents, Brokers & Service (6411), Services-Computer Programming Services (7371)

akta.pro primary industry

Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)

akta.pro secondary industries

Document, Workflow & Policy Servicing Automation (RPA/No-Code) (FSAGAGAK), Simplified Issue Whole Life / UL Insurance (FSAIABAH)

Keywords

• Insurance underwriting technology
• Non-standard health risk assessment
• Predictive underwriting systems
• Insurtech software platform
• Health insurance analytics

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Technology Solutions for Insurance Companies: Providing intelligent underwriting systems and technology solutions to insurance companies, likely through licensing or subscription model. The company serves insurance companies with tools to process non-standard insurance applications more efficiently.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

AIX Tech (爱选科技) develops and sells an AI-driven intelligent underwriting system (非标智能承保系统) for non-standard body insurance applicants, covering 700+ diseases with 50,000 underwriting solutions. The company provides this technology to insurance companies (life, health, and long-term care insurers) to enable faster, more accurate, and humane underwriting for people with pre-existing conditions and elderly populations. It also operates the Baomi Health Management Platform (苞米新生活健康管理平台) that delivers long-term care services.

Differentiator

Problem solved

Functional benefit

Brands

• 苞米新生活健康管理平台: Health management platform offering nursing services including home care, home rehabilitation, long-term care, and in-hospital care services for post-operative, accident, elderly, and disabled populations. Covers commercial care insurance, medical insurance, accident insurance, and critical illness insurance.

Products and services

• Non-standard Intelligent Underwriting System (非标智能承保系统) AI-driven intelligent underwriting software designed specifically for non-standard insurance applicants (people with pre-existing conditions and elderly populations). Covers 700+ diseases and offers 50,000 underwriting solutions, enabling insurance companies to assess risk faster, more accurately, and more humanely.
• Baomi New Life Health Management Platform (苞米新生活健康管理平台) Health management and long-term care service platform offering home care, home rehabilitation, long-term care, and in-hospital care services for post-hospital, post-surgery, accident, elderly, and disabled populations. Spans commercial nursing insurance, medical insurance, accident insurance, and critical illness insurance claims workflows.
• Weekly Product Information Service (每周产品资讯服务) Subscription-style weekly information service that delivers insurance product intelligence to industry participants, helping accelerate the speed and quality of insurance product development.

Quantifiable outcome

• 700+ diseases covered by the intelligent underwriting system
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• 简单心理 (Simple Psychology)coreStrategic or Co-development Partner · 23 February 2022AIX Tech and Simple Psychology formed a strategic partnership on February 23, 2022 to create new applications for mental health in the insurance industry. The collaboration combines Simple Psychology's expertise in mental health with AIX Tech's insurance technology to develop innovative insurance products and models. This partnership aims to promote the integration of psychological counseling and insurance, adding new vitality to insurance innovation.
• 分子实验室 (Molecular Lab)coreStrategic or Co-development PartnerAIX Tech and Molecular Lab co-hosted the 2021 China Life Insurance Product Research Report conference on January 21, 2022. The event featured industry leaders sharing insights on life insurance products, with Molecular Lab founder Liu Yang serving as moderator.

Scale indicators3 records

Direct peers

• ZhongAn Online P&C Insurance: China's leading online-only insurtech, providing technology-enabled insurance products and underwriting for non-standard and digital-first consumers. Most directly comparable as a Chinese insurtech with AI-driven underwriting capabilities targeting similar carrier and consumer segments.
• Waterdrop Inc. Chinese insurtech platform focused on health insurance with crowdfunding and broker capabilities. Highly comparable given its health-insurance orientation, B2B2C model with insurance carriers, and focus on critical illness and non-standard coverage.
• Lemonade: AI- and behavioral-economics-driven insurance carrier that uses automated underwriting. Comparable as a tech-first insurance platform using AI to underwrite non-standard and underserved customer segments, though operating in US/Europe.
• Root Insurance: US insurtech using telematics and AI-driven underwriting to price risk for non-standard drivers. Comparable as a technology-led insurance platform that leverages data and AI to underwrite categories traditional insurers consider high-risk or non-standard.

Broad incumbents

• WeSure (Tencent): Tencent-backed online insurance platform in China offering health, life, and accident products. Comparable as a major Chinese digital insurance platform, though backed by a much larger ecosystem with significantly broader distribution.
• Ant Insurance (Ant Group): Insurance distribution and technology arm of Ant Group, embedded in Alipay. Comparable as a Chinese insurance technology and distribution platform, but with vastly greater scale, capital, and consumer reach.
• Ping An Insurance: One of China's largest insurance and financial services groups with significant in-house technology and health insurance operations. Comparable as a major Chinese health and life insurance provider that AIX Tech's carrier clients compete against or partner with.

Emerging players

• Insurify: AI-driven insurance comparison and underwriting platform for personal and commercial lines. Comparable as a technology-led insurance intermediary using AI for risk assessment, though US-focused and broader across multiple lines of business.

Regional players

• LexinFintech: Chinese fintech platform providing credit and insurance technology services to financial institutions. Comparable as a Chinese fintech B2B platform selling technology to financial services firms, though more credit-focused than insurance.
• Lufax Holding: Chinese fintech platform serving financial institutions with technology solutions, including retail credit and wealth management. Comparable as a Chinese B2B technology provider selling to financial institutions, though primarily credit-focused.

Market position

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AIX Tech