Sipai Insurance Broker (Beijing) Company Limited, a subsidiary of Sipai Health Technology Co., Ltd., has entered into a strategic cooperation framework agreement with Arthur J. Gallagher (Singapore) Pte. Ltd. This collaboration aims to leverage the complementary resources and capabilities of both parties in the health insurance sector. The agreement focuses on the development of customized insurance solutions, promoting product innovation, and enhancing precise risk control. Gallagher plans to establish a presence in Mainland China to collaborate with Sipai Broker on reinsurance businesses, targeting group life insurance, health insurance, and products on Sipai's customer selection platform. This partnership seeks to improve the customer insurance service experience by integrating Sipai's customer resources with Gallagher's expertise in product design and reinsurance.
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