Acquiring Company
Huize
Acquired Company
Global Care
Shenzhen
District 1InsuranceInformation TechnologyHealth CareInsuranceDescription
Huize, a leading InsurTech provider, has successfully acquired Global Care, an InsurTech company based in Vietnam. This acquisition marks the first step in the global expansion of Huize’s new international brand Poni Insurtech, as Southeast Asia offers significant market parallels to China in terms of rapidly growing economies, large and young demographics, urbanizing middle-class populations, and increasing demand for digital insurance solutions.
Quick answer
Huize is acquiring Global Care, announced June 28, 2024. Huize is based in Shenzhen, Guangdong, China.
- How much did Huize pay for Global Care?
- The deal value was not disclosed.
- What does Huize do?
- Huize Holding Limited (NASDAQ: HUIZ) is a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China.
- Where are Huize and Global Care based?
- Huize is based in Shenzhen, Guangdong, China. Global Care is based in District 1, Southeast region of Vietnam, Vietnam.
- Who are the decision-makers at Huize?
- Fundz holds 1 contact at Huize. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- NSM Insurance Group completes acquisition of InsurEVO (AllClear and InsureandGo) to strengthen global presence in travel insurance (May 29, 2024)
- Hub International Limited acquires Insurance Management Company to strengthen commercial insurance and risk management capabilities (August 6, 2024)
- Hub International acquires McClements Insurance Services, LLC to expand employee benefits services (July 19, 2024)
- Beacon Specialized Living acquires Community Concepts Inc. and Community Visions, LLC. (July 17, 2024)
- Hub International Limited acquires assets of Wyatt Insurance Services, Inc. to expand nonprofit and construction commercial insurance and employee benefits services (July 10, 2024)
Who to call at Huize, and when
When Huize changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Huize raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Huize, from your own LinkedIn network
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Frequently asked
Who acquired Global Care?
Global Care was acquired by Huize, based in Shenzhen. The deal was reported on July 1, 2024. Huize Holding Limited (NASDAQ: HUIZ) is a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China. Huize is publicly traded (HUIZ) and operates in Insurance.
When did Huize acquire Global Care?
Huize's acquisition of Global Care was reported on July 1, 2024. Huize, a leading InsurTech provider, has successfully acquired Global Care, an InsurTech company based in Vietnam. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Global Care do?
Global Care provides solutions for insurance agencies to streamline sales and administration process. The platform is available for both cloud-based and on-premises installation It is privately held, operating in Information Technology, and is based in District 1.
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