China Insurance Consulting

YCP provides expert consulting service to navigate the China Insurance market, blending local insights with global reach.

YCP Solidiance Insurance Experts in China

In China's insurance industry, rapid growth meets complex regulatory changes, challenging firms.

YCP leverages global expertise and local insight to navigate China’s insurance market, ensuring clients surmount regulatory and operational barriers.

As a trusted consulting firm, YCP is your strategic partner to unlock potential in China’s insurance sector.

YCP in Numbers

Projects across Asia

Offices

Portfolio Businesses

Professionals

Unlocking Potential: Your Path to Excellence with China's Insurance Professionals

The Insurance sector in China is evolving, driven by regulatory changes and tech innovation. YCP offers unparalleled insights to navigate this landscape.

With China's growing middle class, the demand for insurance products is surging. YCP's expertise can help clients capitalize on these emerging opportunities.

YCP's deep understanding of China's complex regulatory environment ensures our clients are always ahead. Let's lead the way in the Insurance industry together.

Our Services

Marketing & Sales

Boost your Marketing & Sales in China's insurance sector with YCP's expert guidance.

Branding & Brand Management
Product & Portfolio Management
Pricing
Digital Marketing
E-commerce
Customer Experience
Sales Channel Strategy
Digital Sales

Operations

Elevate your operations in China's insurance sector with YCP's expert guidance.

Project Management Office (PMO)
Growth Strategy Implementation
Operation Transformation
Manufacturing
Organization Design

Supply Chain Management

Optimize your supply chain in China for efficiency and agility with YCP's expertise.

Supply Chain
Digital Supply Chain
Procurement
Logistics

M&A, Transactions, and PMI

Expert M&A, Transactions, and PMI advice for China's insurance sector.

M&A Strategy
Divesstiture/Curb-out Strategy
M&A Target Scouting
Buyer/Investor Search
Commercial Due Diligence
M&A Execution (Buy-side & Sell-side Financial Advisory)
Valuation
Post-Merger Integration (PMI)
Value Creation
IPO PMO
Joint Venture
Corporate Venture Capital

Strategy

YCP crafts tailored strategy solutions for insurers in China, enhancing market position.

Business Strategy
Corporate Finance
Growth Opportunity Identification
New Business Development
Organization Strategy
Enterprise Risk Management
Asset/Project Risk Management
Digital Strategy
Strategic Partnership & Channel Strategy

Digital Transformation

Empowering China's insurance sector with advanced digital transformation solutions.

DX Vision
Digital Roadmap
CIO/CDO Support
System Architecture Design
DX PMO
Artificial Intelligence (AI)
Robotic Process Automation (RPA)
Big Data Analysis
IT Organization Design & Restructuring
IT Portfolio Management
Off-shore Development Centre Set-up

Public Services

YCP tailors public services guidance for the China insurance sector.

Economic Development
Public Policy Development
E-Governance

Sustainability

Harness YCP's deep expertise in sustainability solutions for China's insurance sector

Sustainability Strategy & Implementation
Double Materiality
Decarbonization & Net-Zero Strategy
Climate Change Risks and Opportunities
Sustainability Due Diligence
Supply Chain Assessment
ESG Reporting
Investor Relations & Fundraising
Organization & Governance Design

Market Research

YCP offers in-depth Market Research for China's insurance sector, ensuring expert guidance.

Market Landscape
Market Size
Industry Structure and Trend
Competitive Benchmark
Business Partner Search & Screening
B2B/B2C Customer Survey
B2B Customer Survey
Consumer Research

Navigating Insurance Sector in China

Regulatory Framework Complexity

China's insurance sector is heavily regulated, allowing few freedoms to operators, creating hurdles to entry. Currently, China has approx. 236 insurers operating within this rigorous landscape.
To navigate regulatory complexities, businesses should collaborate closely with local regulators, leveraging China's projected insurance market worth of $722 billion by 2025.

Market Penetration Barriers

Although China is the second-largest insurance market globally, rural areas remain underserved, showing penetration of less than 5% as of 2022.
Businesses must develop products tailored to rural needs, leveraging technology trends and predicted insurance premium growth of 8% annually through 2023–2025.

Expanding Digital Transformation

China's insurtech market is ready for growth, with around 35% CAGR expected over the next few years, more companies need to integrate innovative technologies outright.
Intelligent solutions can drive growth, allow firms in 2024 ease processes aimed at a 12% hike in digital policyholder participation.

Rising Demand for Specialized Insurance Products

With a growing Chinese middle-class, health and life insurance demand is rising, exhibited by a surge behind more personalized policies in the past conjecture of 120% adoption popularity.
Companies venturing into tailor-made insurance options will likely anticipate capital servicing branded services deploying China's deployment effort stretching to 15.5% by 2027.

Our Clients

We have worked with more than 2000 companies throughout various industries.

What Our Clients Say About Us

"YCP Solidiance has been our partner since the initial strategic planning stage of our China business. They have helped us identify market opportunities, establish our local team and have effectively incubated our ongoing operation. I have the utmost confidence in both their capabilities and integrity."

Chief Executive Officer

Assurance

"We are pleased to recommend the management services of YCP Solidiance, who led us in the planning, set-up and operational start of our China manufacturing facility. Their team was dedicated, innovative at problem solving and creative in their support. Without leadership, we would have never been able to navigate the complex environment in a timely fashion so as to meet our customer requirements."

General Manager

Vari-Form

Results Through Expertise: Case Studies

Learn how we help clients build and implement strategies
that drive sustainable growth in today’s complex business landscape.

IP Management Analysis and Strategic Decision Support for a Global Technology Leader

Client

A global leader in technology solutions

Area

Greater China

Expertise Scope

IP Management Analysis, Data Insights Extraction, Strategy Recommendations

Project Summary

Our approach included analyzing IP management indicators, organizing technology and business-related information, and extracting insights to support business decision-making. We tracked IP and business information, analyzed both quantitative and qualitative data, and provided recommendations for revising the IP strategy.

Operational Expansion Support for Assurance

Client

A financial services company

Area

Greater China

Expertise Scope

Market Entry and Expansion Strategy, Operational Transition and Localization Support

Project Summary

We supported Assurance in expanding its operations in China through a comprehensive range of services. This included hosting employees in Shanghai, overseeing the Qingdao initiative, advising on partner selection and deal structuring, and addressing specific challenges related to Assurance’s growth in the Chinese market. Additionally, we assisted in planning and implementing strategies to transition activities from the U.S. to China, facilitating a smooth operational shift.