China based online third-party insurance provider has raised $31m of Series B financing, led by a number of unconfirmed Chinese investors. The company targets both consumers and businesses, and aggregates insurance products from over 20m users.
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Chinese Online Insurance Firm Huize Raises $31M Series B Round
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The company, which previously received series A financing from SAIF Partners, operates three divisions targeting individuals, corporations and insurance brokers. Its platform aggregates insurance products from over 70 insurance companies in China, and has over 20 million users, according to the reports.
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