# Yuanbao > Online insurance brokerage and distribution platform serving individual consumers in China ## At a glance | Field | Value | | --- | --- | | Type | Broker | | Region | APAC | | Headquarters | Beijing, China | | Founded | 2019 | | Employees | 201-500 | ## Overview Yuanbao is an online insurance brokerage platform distributing personal life, health, and accident insurance products to individual consumers in China. The platform enables consumers to discover, compare, purchase, and manage insurance products from multiple carriers through a single digital interface, covering the full policy lifecycle from initial consultation through claims settlement. Yuanbao's portfolio spans medical insurance, critical illness coverage, and accident risk policies, primarily targeting Chinese families in the personal lines market. The company also provides system services to insurance carrier partners, offering marketing analytics and consumer service tools that help carriers reach and engage digital-first buyers. In fiscal year 2025, Yuanbao reported system services revenue of RMB 774.1M in Q4 2025 and insurance distribution revenue of USD 57.4M in the same period, reflecting a dual-revenue model that combines direct consumer brokerage with B2B carrier services. Carrier partners include Taikang Insurance and Huatai Insurance. Founded in Beijing in December 2019, Yuanbao raised a USD 156M Series C in 2021 and subsequently listed on NASDAQ under the ticker YB. The company reported total revenue of USD 625.4M for fiscal year 2025, up 33.1% year over year, with a net income margin of 29.9%. Yuanbao is the largest independent insurance distributor in China's personal life and accident and health insurance market by first-year premiums as of 2023. ## Notable customers - Personal Lines / Consumer Insurance - Health and Life Insurance ## Links - Website: - Directory profile: - Linkedin: - News releases: - Investor relations: --- *Last updated: 2026\-07\-21*