Ping An, China’s second-largest insurer and the country’s largest private sector company by revenue, now spans finance, health care, autos, real estate and smart cities and relies on a team of artificial intelligence experts and data scientists as much as it does insurance managers. Pin An Deputy CEO Jessica Tan says the company’s advantage is its ability to “connect to the full picture” with online and offline data. The article highlighted how Chinese culture and its interpretation of privacy may have helped to support the company's growth. While Tan noted elaborate systems to safeguard data privacy, Founder and CEO Peter Ma said, “We don’t have aspirations to make acquisitions overseas,” adding, “The Chinese market has the best growth prospects.”
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