# Nanyan Insurtech > SaaS, MGA, and TPA platform serving insurance companies, agencies, and intermediaries in China ## At a glance | Field | Value | | --- | --- | | Category | Core Administration | | Type | Solutions Provider | | Region | APAC | | Headquarters | Jingan District, Shanghai, China | | Founded | 2015 | | Stage | Growth | | Employees | 51-200 | | Funding | Series C+ | ## Overview Nanyan Insurtech (formally Shanghai Nanyan Information Technology Co., Ltd.) is a SaaS, MGA, and TPA platform for insurance companies, intermediary agencies, and reinsurers operating in China. Founded in December 2015 by CEO Gong Xun, the company builds technology to support insurance operations across product design, sales, policy administration, claims handling, and health services delivery. The core SaaS offering -- marketed as Youyang Cloud -- includes ERP, CRM, and sales platform modules covering the full insurance business process. The platform connects over 70 insurance companies through a cloud-based insurance exchange called the 618 Insurance Platform, through which over 12 million policies have been issued. Supplementary products include Qiuhao, an internet insurance sales traceability system for regulatory compliance. Nanyan Group also operates MGA services through its Youtai Insurance Broking subsidiary and TPA services through Medilink-Global, which it acquired and expanded through the addition of Columbia China clinic operations in 2023. Nanyan raised a CNY 250M (approximately USD 37M) Series C round in October 2020 led by Cenova Capital, bringing total funding to over CNY 500M. The company reports a 95% customer renewal rate, serves over 500 agencies, and is connected to more than 70 insurance companies across China. ## Products & services ### Youyang Cloud \(ERP, CRM, Sales Platform\) Cloud-based SaaS platform with three core modules: Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and a sales platform. Supports insurance companies and intermediaries with end-to-end operations including product configuration, agency management, sales enablement, and reporting. The catalog covers over 450 product SPUs and more than 4,000 SKUs. **Key features:** - Full policy lifecycle management from product design through administration - Agency CRM and sales tracking - Big data and AI for customer segmentation, product pricing, and underwriting support - 95% customer repurchase rate *Target users:* Insurance companies, reinsurers, insurance intermediary agencies ### 618 Insurance Platform Cloud-based insurance exchange connecting insurance companies with agencies and distribution channels. Built on cloud architecture with API integration to insurance company core systems. **Key features:** - Connected to 70\+ insurance companies - Serves 500\+ agencies - 12M\+ policies issued - Internet insurance sales traceability via Qiuhao system *Target users:* Insurance carriers and intermediary agencies ### Qiuhao System Internet insurance sales traceability management system launched in October 2020 for regulatory compliance. Designed to meet China regulatory requirements for transparency in online insurance sales. **Key features:** - Sales traceability and audit trail - Regulatory compliance reporting - Integration with Youyang Cloud sales module *Target users:* Insurance agencies and intermediaries distributing insurance online ### MGA Services \(Youtai Insurance Broking\) Insurance brokerage and managing general agent operations via Youtai Insurance Broking (Beijing), established 2004. Operates across three business segments, distributing insurance products as MGA. **Key features:** - MGA/brokerage services across health and specialty lines - Product development for the group insurance market - Direct access to carrier relationships *Target users:* Corporate clients, insurance carriers ### TPA Services \(Medilink\-Global\) Third-party administrator services through Medilink-Global subsidiary, originally a Malaysia-based health insurance administrator. Expanded with the April 2023 acquisition of Columbia China clinic operations, which added a direct billing hospital network to the TPA capability. **Key features:** - Claims administration for health insurance - Direct billing network \(from Columbia China clinic acquisition\) - Pioneer HMO\-style management services in China *Target users:* Health insurers, self\-insured employers, multinational companies in China ### Healthcare Services \(Liangxing Health Technology\) Consumer and group healthcare services through Liangxing Health Technology subsidiary. Provides comprehensive health management products covering serious medical care and consumer healthcare for Chinese families and enterprises. **Key features:** - Full\-lifecycle health products - HMO management model - Integration with Medilink\-Global TPA services *Target users:* Employers, individuals, health insurers ## Category & focus - Subcategories: Policy Administration, Agency Management, Claims Management, TPA Services - Insurance verticals: Health, Life & Annuity, P&C Commercial - Target customers: Carriers, Agents/Agencies, MGAs/MGUs, TPAs ## Notable customers - 70\+ insurance companies connected to the core platform - 500\+ insurance agencies served - Over 1,000 clients across more than 110 insurance companies \(as of 2020\) ## Links - Website: - Directory profile: - The digital insurer: --- *Last updated: 2026\-06\-04*