Cheche Group Announces Partnership with NIO Insurance Broker
Cheche's accessible digital platform, powered by industry-leading technology, will digitalize the process of completing auto insurance for NIO, while reducing front-end insurance delivery costs and enabling NIO to digitally manage its insurance business. This customized digital insurance service system for NIO is expected to launch in the next quarter.
"The global NEV industry continues to experience substantial growth led by the Chinese NEV manufacturers," said
This announcement marks another positive milestone for Cheche's NEV insurance business. Building on the solid foundation of established relationships with top Chinese NEV manufacturers, Cheche intends to continue its gradual expansion by securing agreements with additional NEV companies to administer new policy issuances, insurance renewals, contract management, claims management, and risk pricing.
Cheche empowers NEV manufacturers to deepen their relationship with consumers by offering comprehensive insurance solutions that, over time, can include customized pricing based on driver behavior, comprehensive claims management and repairs, and fraud prevention by leveraging the rich data generated by the auto's sensors and Cheche's AI and data analysis tools.
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