From Insurance Giant to Tech Platform: The Story of Ping An
Azeem Azhar's Exponential View
EPIIPLUS 1 Ltd / Azeem Azhar
4.9 • 1.1K Ratings
🗓️ 10 February 2021
⏱️ 52 minutes
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| 0:00.0 | Asana is the only work management platform built for scale. |
| 0:05.5 | AI has joined the team to maximize impact by automating workflows. |
| 0:10.0 | Asana, a smarter way to work. Learn more at asana.com. |
| 0:19.0 | HBR presents |
| 0:30.0 | Hi there, I'm Azim Azar and you're listening to Ex Financial View. |
| 0:33.0 | Now every week I'm in deep conversation with a brilliant mind exploring technology business |
| 0:37.0 | and their intersection in the near future. |
| 0:40.0 | Now my guest today is Jonathan Larsen, the Chief Innovation Officer of Ping-An. |
| 0:44.0 | Now you probably haven't heard of Ping-An but I think it's one of the most interesting companies |
| 0:49.0 | anywhere in the world today. |
| 0:52.0 | It is a Chinese insurance and finance giant with annual revenues of in excess of $150 billion |
| 0:58.0 | and a market capitalisation well north of $220 billion. |
| 1:03.0 | And the fascinating story about Ping-An is that this company's just over three decades old |
| 1:09.0 | started from nothing and has not only become a major player in the Chinese insurance market |
| 1:14.0 | and has an incredible track record in spinning up and spinning off multi-billion dollar businesses |
| 1:20.0 | in areas as diverse as wealth management and health care. |
| 1:24.0 | The Ping-An story is truly fascinating. |
| 1:27.0 | The company has come from the rather stayed environment of property and casualty insurance |
| 1:32.0 | to build itself up as a technology behemoth, |
| 1:35.0 | operating a platform and an ecosystem strategy that we would normally associate |
| 1:40.0 | with the very fastest moving, very biggest technology and internet companies like |
| 1:46.0 | an Alibaba or a Google or an Amazon. |
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