Zheshang Insurance

Zheshang Property Insurance Co., Ltd. (referred to as "Zheshang Insurance") was established on June 25, 2009, with its headquarters in Hangzhou and a registered capital of 5 billion yuan. It is a nationwide, comprehensive property insurance company headquartered in Zhejiang in China.
Zheshang Insurance was jointly founded by large-scale and financially strong comprehensive groups such as Zhejiang Communications Investment Group, Zhejiang Provincial Energy Group, Youngor Group, and Chint Group, together with well-known enterprises such as Zhejiang Qinye Construction Group and Supor Group.
Since its establishment, Zheshang Insurance has been committed to professional risk protection services and promoting the steady development of the company. From 2009 to 2020, it achieved cumulative premium income of approximately 34 billion yuan and provided risk protection exceeding 19 trillion yuan. In 2013, it ranked among the top 20 property insurance companies nationwide, and in the first blue book of the insurance industry, the "China Insurance Industry Competitiveness Report," it ranked 11th in comprehensive competitiveness among property insurance companies.
As of the end of 2020, Zheshang Insurance had established 16 secondary institutions and a total of 269 branches at all levels across the country, with a network covering the economically developed regions of central and eastern China as well as economically active areas in the west. The company's business covers major property insurance categories such as vehicle insurance, enterprise property insurance, and liability insurance.
Zheshang Insurance upholds the spirit of "Zheshang," forging ahead and pioneering innovation. It fully serves national strategies and, as one of the initiators, participated in the innovative practice of new material and first-set insurance products; it actively integrates into the construction of Yangtze River Delta integration, founded the Yangtze River Delta Green Insurance Innovation Laboratory, and gives full play to the function of insurance in serving social governance and the real economy; it strengthens the application of internet technology and enhances customer service experience.
With the mission of "Integrity Accompanies, Trust Forever," Zheshang Insurance adheres to the business philosophy of "segmented specialization, distinctive services, innovative models, and high-quality development," striving to build a digital and professional insurance company with Zheshang characteristics; it pursues the values of "shared responsibility, shared vision, and shared creation," uniting strength through a family culture to promote common development.
Zheshang Insurance takes building a high-quality development insurance company with brand, characteristics, responsibility, and value as its medium-term strategic goal, focusing on six major strategic projects: differentiated competition, specialized operation, intensive management, market-oriented mechanisms, digital operations, and group-based operations, actively seeking new takeoff in the new decade.
In the future, Zheshang Insurance will further deepen innovation in products, services, technology, and systems and mechanisms, base itself on the transportation sector, cultivate the Zhejiang market in depth, actively fulfill its industry responsibilities, seriously perform its social responsibilities, seek happiness for the people, and add peace to society.