近日，全球领先的AI保险科技公司Seel联合亿邦动力，分别在深圳和杭州成功举办"品牌独立站美国市 场增长峰会暨Seel合作伙伴答谢会"。会议聚焦"信任与增长"主题，Seel创始人兼CEO Zack Peng、亿邦 动力联合创始人/马蹄社CEO刘宸、美国前保监会长Susanne Murphy、Fastlane联合创始人&CEO廖浪 沙、MTC Global联合创始人周涌、ShopShops创始人兼CEO Liyia Wu、Seel VP Pyro Chen、OOU全球事 业部负责人林楚平、苏嘉科技（SUGA）创始人&CEO Jaron Tam、Urtopia联合创始人侯广辉、如果科技 全球售后服务负责人周宁等出席了峰会并上台分享，大家重点围绕品牌独立站如何继续深耕美国市场， 给中国出海企业带来一些全新视角，共同探讨中国品牌如何通过构建"信任基建"实现可持续增长。 拥有30年保险监管领域经验的美国前保监会长Susanne Murphy在独立演讲中提醒广大出海品牌，美国各 州对延保服务有严格监管，不合规会导致法律风险。受监管的金融产品能够有效减轻消费者的购买风 险，从而建立消费者信任。她特别指出，Seel在美国提供 ...

Investment Rating - The report maintains an "Increase" rating for the Southeast Asian fintech sector [8] Core Insights - Southeast Asia's fintech industry has significant growth potential, driven by a robust macroeconomic environment, improving infrastructure, and a friendly policy landscape [13][16] - The four main areas of fintech development are digital payments, internet lending, insurtech, and virtual assets [17][20] - The region's GDP growth is approximately 5%, with a population of 630 million, predominantly under 40 years old, providing a strong consumer base [22][23] Digital Payments - Digital payment penetration is expected to increase, with 44% of transactions still conducted in cash as of 2024, compared to 5.8% in China [39][40] - The COVID-19 pandemic has shifted consumer habits towards online payments, with 33% of consumers using e-wallets for the first time during the pandemic [40] - The main digital payment methods are card payments and e-wallets, with a competitive landscape lacking a dominant player like Alipay or WeChat Pay in China [38][50] Internet Lending - The internet lending market in Southeast Asia is projected to grow from $48 billion in 2022 to $71 billion in 2024, with a penetration rate of only 1.8% [4][14] - The lending market is characterized by high pricing limits (18-180%), small loan amounts (average $18), and short durations, providing substantial profit margins [4][14] - The risk profile is relatively stable, with SeaMoney's 90-day overdue rate at 1.1%, lower than domestic platforms in China [14][16] Insurtech - The insurtech market in Southeast Asia is in its early stages, with a market size of approximately $2.4 billion in 2024, expected to reach $7.5 billion by 2030 [5][14] - The penetration rate of insurtech is low, at about 1.5-3.1%, compared to 8.8% in China [5][14] - Three main business models exist: insurtech platforms, full-stack insurtechs, and insurtech enablers, with the latter focusing on B2B solutions [5][14] Virtual Assets - Southeast Asia shows high interest in virtual assets, with six countries ranking in the top 20 for global cryptocurrency adoption, and Indonesia ranked third [6][14] - The regulatory environment is generally supportive, with governments encouraging the development of the virtual asset market while managing risks [6][14] - Indonesia's cryptocurrency transaction volume reached $157.1 billion from July 2023 to June 2024, the highest in the region [6][14]

Core Viewpoint - The strategic partnership between Fanmo Technology and Zhihua Technology aims to address the risk barriers in the low-altitude insurance sector, leveraging technology and insurance to support the safe development of the global low-altitude economy [1][3][9] Group 1: Strategic Cooperation - Fanmo Technology, the world's first drone insurance service provider, has partnered with Zhihua Technology's subsidiary, Sunshine Insurance Brokerage, to enhance low-altitude insurance offerings [1][3] - The collaboration is timely as the drone industry faces challenges related to safety and development, with low-altitude insurance becoming a crucial risk management tool [3][4] - The partnership will utilize Zhihua's PaaS technology platform and extensive sales network to provide customized insurance brokerage services to Fanmo's clients [3][5] Group 2: Market Potential - The global drone service market is projected to reach 230 billion yuan by 2025, with China expected to surpass 1 trillion yuan, becoming a key driver of global low-altitude economic growth [3][9] - The Chinese low-altitude economy is forecasted to exceed 1.5 trillion yuan by 2025, while the global drone insurance market is anticipated to reach 20 billion yuan [9] Group 3: Technological Synergy - Fanmo Technology has developed a comprehensive "data + product + ecosystem" model, establishing itself as a benchmark in the low-altitude insurance sector [5][7] - The company has created three core product systems, serving over 10,000 enterprise clients and thousands of individual users across various low-altitude scenarios [5] - Zhihua Technology's innovative insurance brokerage model and digital solutions are set to transform the drone insurance industry into a new era of "precise prevention + intelligent service" [7] Group 4: Risk Management and Industry Standards - The partnership aims to establish unified risk standards, data-sharing mechanisms, and emergency response systems within the low-altitude economy [9] - The collaboration is expected to provide a "Chinese solution" for global low-altitude risk governance, promoting a safer and more efficient development trajectory for the industry [9]

2025年5月8日，"三人行天下·出海∞计划"第二届全球化创新企业论坛在上海成功举办。此次由全球化创 新企业联盟、凤凰WEEKLY财经、Indiegogo、行云集团和浙江大学管理学院联合主办的行业盛会，吸 引了600余位来自跨境品牌、科技平台、资本机构的嘉宾汇聚一堂，围绕品牌全球化与信任体系搭建展 开深入探讨。 论坛期间，美国AI保险科技企业 Seel 凭借其"AI科技+安全合规"双核驱动的创新型延长保障服务，成功 入选"2025全球化创新力品牌"。Seel为独立站卖家提供了嵌入式、零成本、覆盖全链路的"无忧购"解决 方案，正在重塑跨境电商的售后保障与消费信任机制。 Seel将保障从"成本中心"转化为"增长杠杆" AI引擎驱动全流程保障，构建新型"无忧消费"体验 Seel以AI技术为核心驱动保障服务流程，从自动判责到智能定价、交易欺诈识别、秒级赔付处理，再到 全天候多语种客服支持，全面提升跨境售后处理效率。 Seel跨境延保服务采用API接口形式对接，商家可通过插件快速集成到独立站系统，无需开发投入，即 可实现保障服务的嵌入式上线。当前已全面支持Shopify、Shoplazza、Shopline等主流Saa ...

Core Viewpoint - Bai Ge Online has submitted its prospectus to the Hong Kong Stock Exchange for a main board listing, reporting continuous net losses during the reporting period [1][2]. Group 1: Financial Performance - Bai Ge Online reported net losses of 25.075 million, 17.18 million, and 15.576 million yuan for the years 2022, 2023, and the first three quarters of 2024, respectively [1][2]. - The company achieved revenues of approximately 405 million, 660 million, and 631 million yuan during the same periods, with net losses increasing from 14.7 million yuan in the first three quarters of 2023 to 15.576 million yuan in the first three quarters of 2024, primarily due to increased sales, distribution expenses, and R&D costs [2]. - R&D expenditures were reported as 14.1 million, 15.7 million, and 16.5 million yuan, accounting for 3.5%, 2.4%, and 2.6% of revenue during the respective periods, with expectations for continued increases in R&D spending [2]. Group 2: Market Position and Client Dependency - Bai Ge Online holds a 4.4% market share in the digital risk management solutions for scenario-based insurance in China, with the market size growing from 51.1 billion yuan in 2019 to 79.4 billion yuan in 2023 [2]. - The company collaborates with a limited number of clients, primarily domestic insurance companies, with total revenue from the top five clients accounting for 55.3%, 69%, and 79.2% of total revenue during the reporting periods [3]. - Revenue from risk management financial services constituted 77%, 81.2%, and 91% of total revenue during the respective periods, indicating a high dependency on this segment [3].

Core Viewpoint - The company, Easy Health Group, is accelerating its IPO process on the Hong Kong Stock Exchange, positioning itself as a leading technology-driven platform in comprehensive health services and insurance solutions, with a focus on leveraging AI and big data for product and service enhancement [1] Group 1: Company Overview and IPO Plans - Easy Health Group aims to raise funds for brand enhancement, technology upgrades, and market expansion, particularly emphasizing its technological capabilities [1] - The company has experienced a significant user decline from 70.5 million to 50 million due to the separation of its core business units, which has raised concerns about its growth prospects [2] Group 2: Business Adjustments and Challenges - The company has undergone substantial structural and operational changes to facilitate its IPO, including the divestment of its core platforms, which has led to a loss of primary user traffic [2] - Easy Health Group is now focusing on health services and insurance sectors, facing increased competition and regulatory pressures that are impacting growth in these areas [3] Group 3: AI Technology Investment - Easy Health Group has heavily invested in AI technology, with R&D expenditures of 53 million, 61 million, and 52 million yuan for the years 2022, 2023, and the first three quarters of 2024, respectively, representing 13.4%, 12.5%, and 8.0% of total revenue [4] - The company has registered 48 patents and 34 software copyrights related to AI and big data, with 42.3% of its workforce dedicated to these technologies [4] Group 4: AI Implementation and Challenges - The AI technology stack, AIcare, is designed to enhance the company's digital health ecosystem, with applications in medical consultation and operational efficiency [5] - However, the effectiveness of AI applications is hindered by significant user attrition and the need for high-quality data, which is critical for accurate algorithm performance [6] Group 5: Competitive Landscape and Strategic Positioning - The health insurance technology sector is dominated by well-capitalized competitors, making it challenging for Easy Health Group to establish a foothold [3][8] - The company faces risks from regulatory changes, economic fluctuations, and rapid technological advancements, which could impact its strategic execution [7][8] - Easy Health Group's reliance on AI as a potential breakthrough strategy reflects both a desperate need for transformation and alignment with industry trends [8]

通过本项目的落地实施,预计将带动厦门市科技型企业融资金额年均增长10亿元,年均增长率15%;全年预 估新增投保金额增长约2亿元,科技型企业保险覆盖率增长30%。并推广至省内各市,为福建省科技型企业 提供更为安全、高效、便捷的融资渠道,助力科技创新与实体经济发展迈向新高峰。 白鸽在线作为国内领先的数字化风险管理商,依托自主研发的"MaaS模型体系"和AI大数据处理能力, 为"科技保险增信贷"项目打造了"风险预警-精准定价-智能理赔-个性推荐-信用评估-黑名单拦截"的全链 条保险科技解决方案。白鸽在线通过整合企业研发、知识产权及市场动态数据,帮助银行识别创新企业 潜力,并运用大数据与机器学习评估企业信用,协同银行自动核算信贷额度并实现线上审批。该方案通过 打通"政银企保"数据壁垒,有效优化科技型中小企业融资环境,助推政府惠企政策落地和产业升级。 4月30日,在第八届数字中国建设峰会福建分论坛上,由白鸽在线联合中国农业银行厦门市分行、中国建设 银行厦门市分行、交通银行厦门分行、厦门银行、厦门信用信息技术有限公司、厦门大数据有限公司共 同打造的"科技保险增信贷"项目,正式入选"福建省公共数据赋能产业发展第一批重点培育 ...

保险科技新星元保成功登陆纳斯达克，开启新篇章。 近日，国内领先的保险科技企业元保（股票代码YB）正式在纳斯达克证券交易所挂牌上市，标志着其在资本市场的新起点。 据悉，元保此次公开发行的美国存托股（ADS）定价为每股15美元，位于发行价格区间的上限。公司共发行了230万股ADS，成功募资约3450万美元。若承 销商全额行使超额配售选择权，元保上市后的估值将达到约6.81亿美元。 元保的IPO发行由高盛、花旗、中金公司及老虎证券等多家知名投行联合承销，显示出市场对其未来发展的高度认可。上市首日，元保股价表现抢眼，开盘 后一度飙升超过93%，最终收盘价为15.96美元/股，较发行价上涨6.4%。 根据元保的招股书披露，近年来其业绩表现亮眼。2022年至2024年间，公司的营收从8.50亿元人民币增长至32.85亿元人民币，年度增长率分别达到141%和 61%。尽管在2022年和2023年，公司归母净亏损分别为4.35亿元和3.33亿元，但在2024年成功扭亏为盈，实现归母净利润4.36亿元。 元保专注于互联网人身险领域，特别是在普惠健康险这一增量市场上深耕细作。公司利用AI技术全面优化保险分销和理赔等环节，极大提升 ...

Core Viewpoint - Yuanbao, an insurtech company, successfully went public on NASDAQ under the ticker "YB," raising $34.5 million through the issuance of 2.3 million shares at an IPO price of $15 per American Depositary Share (ADS) [1] Group 1: Company Overview - Yuanbao was founded in 2019 and leverages an "AI + insurance" model to enhance efficiency and user experience in insurance sales and claims processes [1] - The company has developed nearly 4,700 AI models by the end of 2024, covering various dimensions such as users, media, and products, which support multiple scenarios from user targeting to after-sales service [3][5] - Yuanbao's employee structure is heavily focused on technology, with 69.2% of its 497 employees in research and development [4] Group 2: Market Position - Yuanbao has become the second-largest distributor in China's life insurance market based on first-year premiums, and the largest independent distributor when excluding large internet company-affiliated distributors [5] - The company targets a broader market by providing inclusive health insurance products, significantly lowering the barriers for users to obtain coverage [9] Group 3: Financial Performance - Yuanbao reported revenues of 2.045 billion yuan in 2023 and 3.285 billion yuan in 2024, with a notable turnaround from a net loss of 333 million yuan in 2023 to a net profit of 436 million yuan in 2024 [7] - The company's revenue in Q4 2024 grew by 63% year-on-year, reaching 889 million yuan [7] Group 4: Leadership and Support - The founder and CEO, Fang Rui, has extensive experience in fintech and e-commerce, previously serving as Vice President at NetEase [9] - Yuanbao's strong shareholder base includes prominent investment firms such as Shanhang Capital and Northern Light Venture Capital, providing solid financial and resource support for its growth [9]

元保表示，此次IPO募资主要用于公司核心技术模型的创新升级，并扩大消费者触达范围和提升理赔等售后服务能力，未来将继续根植中国本土市场，让更 广泛人群能够享有普惠可及的保险保障。 招股书显示，元保2022、2023、2024年的营收分别为人民币8.50亿元、20.45亿元和32.85亿元，年度增长率分别为141%和61%；同期，2022年和2023年归母 净亏损分别为4.35亿元和3.33亿元，2024年归母净利润为4.36亿元。 元保深耕互联网人身险领域，聚焦普惠健康险这一增量市场，将AI技术引入保险分销和理赔等全部环节，极大提升了国内保险销售与理赔等售后服务的体 验和效率。其核心业务模式为联合保险公司定制与分销人身险产品，并为客户提供理赔等售后服务。根据沙利文数据，如果以首年保费口径计算，元保已成 为我国人身险市场的第二大分销商。从人员结构来看，截至2024年底，元保员工总人数497人，研发人员344人，占比69.2%。 保险科技界领军企业元保于北京时间4月30日在纳斯达克证券交易所挂牌上市，公司股票代码为"YB"。 元保本次公开发行的价格为每ADS(美国存托股)15美元，位于拟定发行区间顶部。元保此次共计 ...