Ping An Launches Home-Based Elderlycare Service to Pursue “Finance + Elderlycare” Business Strategy

HONG KONG and SHANGHAI, March 11, 2022 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that subsidiary Ping An Life has launched an elderly home care service. Building on the strength of Ping An’s healthcare ecosystem and high-quality elderly care resources, the service brings together insurance protection for customers with a professional “one-stop” elderly care service for an easier and more affordable living experience.

In recent years, Ping An has been committed to the strategic upgrade of integrated finance and healthcare services. It has developed “finance + elderlycare” and “finance + healthcare” business ecosystems, and launched innovative products and services, including insurance with healthcare management, insurance with high-end elderlycare, and insurance with home-based elderlycare, to meet the growing demand for healthcare and elderlycare. The launch of home-based elderlycare service creates a ‘closed loop’ in an innovative “insurance + service” product ecosystem. This is a business model that brings together healthcare management, high-end elderlycare and home-based elderlycare.

Capitalizing on the strength of Ping An’s healthcare ecosystem, the elderly care service addresses major pain points of elderly care at home.  It provides customers with a dedicated concierge, 10 service scenarios and a single supervision system. The customer-centric one-stop elderly care service…