China United Property Insurance Co.Ltd

Name

China United Property Insurance Co.Ltd

Legal name

中华联合财产保险股份有限公司

Website

https://e.cic.cn

Company type

Private

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Property and Casualty Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Direct Life, Health, and Medical Insurance Carriers (52411), Direct Insurance (except Life, Health, and Medical) Carriers (52412)

SIC

Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321)

akta.pro primary industry

Commercial Auto & Fleet Insurance (FSAJAMAB)

akta.pro secondary industry

Public Liability (Premises/Operations) (FSAJADAD)

Keywords

• Property casualty insurance
• Vehicle insurance products
• Medical health insurance
• Accident insurance coverage
• Insurance claims processing

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property & Casualty Insurance Premiums: China United Property Insurance generates revenue through the collection of insurance premiums across property insurance, vehicle insurance, medical insurance, and accident insurance product lines. The company operates as a P&C (property and casualty) insurer collecting premium payments in exchange for risk coverage.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

China United Property Insurance Co.Ltd is a state-controlled property and casualty insurance company selling auto (vehicle) insurance, medical insurance, and accident insurance policies to individual and enterprise customers across China. The company distributes policies through a digital platform (e.cic.cn), phone hotlines (95585 and 400-11-95585), WeChat, and a nationwide physical service branch network (服务网点). It complements its core insurance products with claims processing (理赔服务), policy inquiry (保单查询), a "China Manager" (中华管家) consultation service, and value-added service privileges for policyholders.

Differentiator

Problem solved

Functional benefit

Products and services

• Auto Insurance (车险) Vehicle insurance coverage providing financial protection against vehicle accidents, theft, and natural disasters for private cars, commercial vehicles, and fleet owners; supports motor accident claims, roadside assistance, and policy renewal.
• Medical Insurance (医疗险) Health and medical insurance coverage for individuals providing protection against medical expenses, hospitalization benefits, and healthcare financial risk.
• Accident Insurance (意外险) Personal accident insurance providing coverage for personal injury, disability, accidental death, travel accidents, and occupational accidents for individuals and groups.
• Claims Service (理赔服务) Insurance claims processing and settlement service available to policyholders through 24-hour hotline (95585) and online channels.
• China Manager Consultation Service (中华管家) Professional insurance consultation service providing advice, support, and answers to customer insurance questions.
• Service Privileges (服务享权) Value-added services and privileges that policyholders can enjoy alongside their insurance coverage.
• Policy Query Service (保单查询) Comprehensive policy information lookup service allowing customers to view their complete insurance policy details through digital self-service.

Quantifiable outcome

• 230+ million cumulative service users
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Emerging players

• ZhongAn Online P&C Insurance: ZhongAn is a Hong Kong-listed Chinese insurtech that underwrites P&C products (auto, health, accident) through a fully digital, AI-driven platform. Comparable product lines but opposite go-to-market: tech-first versus China United's legacy distribution model—making it the key disruptive benchmark.

Direct peers

• PICC Property and Casualty Company: PICC P&C is the largest state-owned property and casualty insurer in China, directly competing with China United Property Insurance across auto, commercial property, and liability lines. Comparable in state-controlled ownership structure and product breadth, but significantly larger in premium volume and market share.
• China Pacific Property Insurance: CPIC Property is one of China's 'Big Three' P&C insurers and a direct competitor in vehicle, accident, and commercial insurance. Highly comparable in multi-channel distribution and Fortune 500 stature, with stronger brand recognition and deeper investment capabilities.
• Tianan Property Insurance: Tianan P&C is a mid-tier Chinese property and casualty insurer offering auto, commercial, and accident insurance through multi-channel distribution including phone (95556) and digital. Comparable scale and product focus to China United Property Insurance as a regional/national mid-tier competitor.
• Sunshine Property Insurance: Sunshine Insurance Group's P&C arm is a mid-tier Chinese property and casualty insurer with overlapping auto and accident insurance product lines. Comparable as a mid-sized non-top-three P&C carrier competing for similar customer segments.
• China Continent Property & Casualty Insurance: China Continent Insurance is a state-affiliated Chinese P&C insurer offering auto, accident, and commercial coverage. Comparable as a state-backed P&C carrier competing for similar government, fleet, and individual customer segments in China.
• Anbang Insurance Group: Anbang was a Chinese P&C and life insurance group with comparable product breadth in auto and accident insurance before being taken over by the state. Historically a direct competitor in the mid-tier P&C segment alongside China United Property Insurance.
• Ping An Property & Casualty Insurance: Ping An P&C is a top-tier Chinese P&C insurer and direct competitor in auto and accident insurance. Comparable in product mix (auto, accident, health-adjacent), but differentiated by superior technology stack, integrated finance ecosystem, and substantially larger scale.

Market position

Customer concentration

• LinkedInlinkedin.com/company/property-cic

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 China United Property Insurance Co.Ltd