Live Insurance News

Alibaba and Tencent’s insurer rolls out blockchain health insurance technology

June 5, 2018June 4, 2018 Logan B.

The new infrastructure tech is already being used with 100 hospitals in China. ZhongAn, a massive insurer in China, recently started using blockchain health insurance technology in a partnership with 100 hospitals. The insurance company is a massive one, providing infrastructure to 10 local providers. The importance of this technology in the Chinese and global insurance sectors The insurance industry, the health care industry and technology are deeply intertwined among each other. They are now dependent on each other as well. Now, Alibaba and Tencent’s insurer has entered into one…

Break-up insurance for “Hiddleswift” cancelled

July 5, 2016July 2, 2016 Julie Campbell

break-up insurance - Tom Hiddleston Taylor Swift Hiddleswift

Taobao had been selling policies against a split between Taylor Swift and Tom Hiddleston. The massive Chinese marketplace, Taobao, was selling break-up insurance against a split in the relationship between Tom Hiddleston and Taylor Swift. However, those sales have now been shut down. Alibaba, the company that owns Taobao, put a stop to the sale of the celebrity insurance policies. Taobao sold the break-up insurance policies just in case the Hiddleswift relationship isn’t forever. The coverage promised double the purchase price in payment if the celebrity couple were ever to…