BEIJING, Aug. 17,
2022 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the
"Company" or "we") (NYSE: WDH), a leading technology platform
dedicated to insurance and healthcare service with a positive
social impact, recently opened its first agency outlet in
Wuhan. It will provide local
residents with a range of specialized insurance services, such as
insurance customization, security risk assessment, policy
consulting, and entrusted policy management.
At the end of 2020, China Banking and Insurance Regulatory
Commission ("CBIRC") released relevant policies, encouraging
insurance practitioners to open outlets in urban communities,
counties, and towns.
Over the past few years, Waterdrop Insurance Marketplace has
kept exploring the new path that combines online and offline
presence. In March 2022, Waterdrop
kicked off the recruitment of independent insurance agents
nationwide, with the aim to cultivate professional elites who
are proficient in digital operations.
Aiming at our independent insurance agents, Waterdrop earlier
launched exclusive rules with industry-leading income allocation
methods, thereby improving our agent retention rate and providing
customers with more professional and qualified services.
Besides, by delving into local communities, Waterdrop's agency
outlets in community learn more about customer needs, improve
customers' recognition of insurance products, including the product
features, the processes for insurance application and claims
settlement, as well as the meanings of health declaration and other
relevant clauses, thereby assuring
customers in purchases.
Li Jia, Waterdrop Vice President
in Insurance, said, "the Wuhan
agency outlet is one of the first pilot outlets set up by
Waterdrop; after the sustainable operation capability is proven,
Waterdrop will expand the model into more cities and
communities."
Shen Peng, our Founder, Chairman
and CEO, commented, "Waterdrop will build a highly-specialized and
well-trained professional team, so as to provide clients with
customized insurance services through efficient online and
deep-going offline operations. The agency outlets in community will
enhance the stability and professionalism of insurance practioners,
raise the awareness of compliant operation, improve the industry's
overall image, and facilitate the high-quality development of the
industry."
About Waterdrop Inc.
Waterdrop Inc. (NYSE: WDH) is a leading technology platform
dedicated to insurance and healthcare service with a positive
social impact. Founded in 2016, with the comprehensive coverage of
Waterdrop Insurance Marketplace and Waterdrop Medical Crowdfunding,
Waterdrop aims to bring insurance and healthcare service to
billions through technology. For more information, please visit
www.waterdrop-inc.com.
Safe Harbor Statement
This press release contains statements that may constitute
"forward-looking" statements pursuant to the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "aims,"
"future," "intends," "plans," "believes," "estimates," "likely to,"
and similar statements. Statements that are not historical facts,
including statements about Waterdrop's beliefs, plans, and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. Further
information regarding these and other risks is included in
Waterdrop's filings with the SEC. All information provided in this
press release is as of the date of this press release, and
Waterdrop does not undertake any obligation to update any
forward-looking statement, except as required under applicable
law.
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SOURCE Waterdrop Inc.
