Source: Whig Standard
As the wave of digitalization sweeps the world, technological innovation and digital empowerment have become the engines driving the development of the industry.
Behind this strategic investment is the high consensus between Zhibao Technology and Sport Covers on future development trends and the deep recognition of the value of technological innovation. Zhibao Technology’s strong advantages in insurance brokerage and digitalization, allows Sport Covers to become the first sports insurance technology platform under a listed insurance brokerage company in China, and continue to provide digital, scenario-based and convenient sports risk protection services.
“I am pleased with the strategic partnership that we have reached with Sport Covers which will provide mutual benefits and allow both of our organizations to grow and diversify our respective customer bases,” said Botao Ma, Founder, Chairman, Chief Executive Officer, Zhibao Technology. “The sports insurance market is expected to see substantial growth over the next several years and we are well positioned to realize the revenue, margin, and profitability benefits of being an active player in this dynamic industry.”
In the future, the Company will continue to penetrate the sports insurance market. Through close cooperation with Sport Covers, it will provide users with more secure and convenient sports insurance services, jointly promote the development of national fitness and national sports, help more people participate in sports activities with peace of mind, enjoy a healthy life, and achieve a perfect combination of sports and protection.
