Name

Cheche Technology

Legal name

Cheche Group Inc.

Website

https://chechegroup.com

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Insurance Technology Software

NAICS

Insurance Agencies and Brokerages (524210), Other Insurance Related Activities (52429)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Data, Analytics & AI for Insurance (Risk, Pricing, Personalization) (FSAGAGAE)

akta.pro secondary industries

Telematics & Usage-Based Insurance (UBI) Platforms (FSAGAGAF), Document, Workflow & Policy Servicing Automation (RPA/No-Code) (FSAGAGAK), Claims Management & Digital FNOL Platforms (FSAGAGAC)

Keywords

• Auto insurance technology
• Insurtech platform
• AI insurance underwriting
• NEV insurance solutions
• Digital insurance transactions

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Insurance Transaction Services: Platform fees and transaction fees from facilitating auto insurance purchases between consumers and insurance carriers. Operates as a digital insurance transaction and service platform.
2. SaaS Solutions: Insurance SaaS solutions provided to NEV manufacturers, insurance carriers, and insurance intermediaries including Digital Surge platform for management and operations.
3. Insurance Product Distribution: Portfolio of more than 1,000 insurance products across auto, health, accident, and other categories distributed through the platform.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Cheche Technology operates China's leading AI-driven digital insurance transaction and service platform for auto insurance. The company delivers AI-powered intelligent underwriting, dynamic pricing, claims processing, and risk management solutions to NEV manufacturers, insurance carriers, and intermediaries. Its core platform enables 30-second precise quoting and 5-minute fully automated processing, distributing 1,000+ insurance products across auto, health, and accident categories through a nationwide network of 110+ licensed branches and embedded OEM partnerships.

Product overview

Cheche Technology operates as an integrated InsurTech platform offering a comprehensive portfolio of products and services for China's auto insurance market. The core offering consists of an AI-Driven Insurance Transaction Platform featuring 30-second precise quoting and 5-minute fully automated processing. The platform includes the New Energy Vehicle Insurance Service Platform for NEV manufacturers, the Intelligent Claims Platform for cross-entity data sharing, and the Sky Frontier Risk Control System for AI-driven risk management. Additional products include Digital Surge (SaaS management platform for insurance institutions), Easy-Insure (mobile tool for referral partners), IntelliDrive Innovation (supplementary coverage for intelligent driving), and the Certification Claims Platform (anti-fraud system). Recent additions include Cheche Score (AI-powered dynamic pricing) and ABAO Agent (AI underwriting agent), which leverage proprietary large language models for intelligent automation. The company also offers the Sky Dome anti-fraud model for connected/autonomous driving scenarios.

Differentiator

Problem solved

Functional benefit

Brands

• Easy-Insur: An intelligent insurance transaction platform that equips millions of referral partners with a digital mobile tool for customer acquisition and business growth
• Digital Surge
• Cheche Score
• ABAO Agent
• Sky Frontier Risk Control System
• IntelliDrive
• Certification Claims Platform

Products and services

• New Energy Vehicle Insurance Service Platform Provides customized system deployment and intelligent operational services tailored to specific business scenarios for NEV manufacturers. Enables embedded insurance within NEV ownership ecosystems for automakers such as BYD, Volkswagen, and Xpeng.
• Intelligent Claims Platform Integrates automakers' EPC systems with insurers' DRP networks to build a cross-entity data-sharing ecosystem featuring on-site data capture, integrated inspection and damage assessment, and flexible parameter configuration. Targets insurance carriers and NEV manufacturers for cross-entity claims management.
• IntelliDrive Innovation A dedicated supplementary insurance coverage plan designed to address incremental risks associated with intelligent driving assistance scenarios. Sold as a distinct insurance product to NEV owners with advanced driver-assistance features.
• Digital Surge
• Easy-Insure
• Sky Frontier Risk Control System
• Certification Claims Platform (Sky Dome) An intelligent anti-fraud system tailored for connected and autonomous driving scenarios, designed to detect and prevent fraudulent insurance activities. Built on the Sky Dome anti-fraud model and sold to insurance carriers for fraud detection.
• Cheche Score A proprietary AI-powered dynamic pricing solution for NEV insurance that integrates driving characteristics, real-time behavior data, and 200+ dynamic risk-control indicators for five-tier A-E risk segmentation and per-vehicle dynamic pricing. Sold to insurance carriers under dedicated AI-powered renewal cooperation agreements.
• ABAO Agent An AI-powered intelligent underwriting agent built on proprietary large language model that delivers end-to-end automation across underwriting and policy renewal workflows, executing customer outreach, needs identification, policy follow-up, and conversion autonomously with 24/7 capabilities. Commercially deployed in auto insurance renewal scenarios at scale with carrier partners.
• AI-Driven Intelligent Connected Vehicle Pricing Product An AI-driven pricing product targeting China's approximately 20 million NEVs, using real-time driving behavior, usage patterns, and localized risk scenarios to deliver personalized insurance pricing. Designed for embedding within automaker apps and ownership ecosystems.

Quantifiable outcome

• 11% year-over-year growth in total written premiums to RMB27.0 billion
• +5 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability9 records

Feature6 records

Scale indicators16 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• ZhongAn Online P&C Insurance: Chinese InsurTech publicly listed in Hong Kong, offering digital auto and consumer insurance products with proprietary AI and big data capabilities. Closest direct peer as a Chinese digital-first insurance platform with similar technology-driven distribution model.
• Waterdrop: Chinese InsurTech listed on NYSE focused on crowdfunding and health/life insurance with AI-driven underwriting. Similar InsurTech business model targeting Chinese consumers through digital channels, though with different product mix.
• Root Inc: US telematics-based auto insurance company using driving behavior data for personalized pricing. Direct comparable to Cheche's Cheche Score product and usage-based insurance approach, though in the US market.
• Lemonade: AI-native insurance platform using chatbots and behavioral economics for digital insurance sales. Comparable as an AI-driven, digitally-native insurance intermediary using proprietary technology to automate underwriting and claims.

Regional players

• LexinFintech: Chinese fintech platform serving consumers with embedded financial products including insurance. Comparable as a digitally-native Chinese fintech with embedded distribution and data-driven underwriting, though more focused on consumer credit.

Others

• Swiss Re: Global reinsurer with technology partnerships including iptiQ digital insurance platform. Partner of Cheche through iptiQ Accidental Insurance initiative, representing a reinsurance/insurance ecosystem connection.

Broad incumbents

• Ping An Insurance: One of China's largest insurance conglomerates with significant auto insurance market share and major technology investments through Ping An Technology. Serves as both partner and competitor to Cheche in the auto insurance space.
• Ant Group: Chinese fintech giant with insurance distribution, AI capabilities, and embedded financial services across digital ecosystems. Competes in adjacent InsurTech space with massive scale and embedded distribution through Alipay.
• PICC Property and Casualty: China's largest P&C insurer with dominant auto insurance market share and proprietary technology capabilities. Partner of Cheche but also a potential competitor as it develops AI-driven underwriting platforms.

Emerging players

• ByteDance/TikTok Insurance Initiatives: Chinese tech giant exploring insurance distribution and embedded financial services. Represents emerging competition from large Chinese tech platforms with massive user bases and AI capabilities entering InsurTech.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

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 Cheche Technology