NEW YORK, November. 11, 2024 — SunCar Technology Group Inc. (NASDAQ: SDA), delivers unique services of e-insurance and auto services via the cloud. The company has teamed up with Wuhan JIDU Automobile Service Co. LTD., which is recognized in China’s intelligent vehicle industry.
Together they intend to implement an AI-based insurance platform, which is being designed to ensure better insurance services for the growing number of customers at Wuhan JIDU.
The platform will consist of virtual and paperless insurance that offers quoting, issuance, and management of policies and claims using big data technology.
The project, which will make use of SunCar’s sophisticated cloud-based technology, allows Wuhan JIDU to further improve its position in China’s fast-growing smart mobility market.
Founded by tech Baidu and Auto Leader Geely, Wuhan JIDU which is a joint venture develops intelligent electric vehicles along with self-driving technology.
Due to this collaboration, SunCar’s platform will provide effective contacts with the most important insurers to JIDU’s customers within JIDU’s platform.
“Wuhan JIDU, a pioneer in intelligent EV, together with us, is the great achievement for us to extend our advanced insurance technology platform to their national clientele,”
Said Ye Zaichang, Chairman and CEO of SunCar Technology Group Inc.
“This partnership is not a service, and is about both working together to change the way auto insurance in China is done.”
Besides pushing further digital transformation of the auto insurance sector, this partnership also emphasizes the role of Artificial Intelligence in enriching customers’ experience in the entire automobile industry in China.
The emphasis of the collaboration is on improving customer experience through digitalization and hopes to play a role in reshaping auto insurance for the future.
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