In 2022, Sino-Parsons and Taishan Property & Casualty Insurance formed their strategic cooperation.

With Sino-Parsons's extensive experience in retail finance and sophisticated technologies , Taishan Insurance has unlocked a platform for its digital credit insurance services. Through the joint operation cooperation model, Taishan Insurance has expanded scale and boosted profits.

1.Sino-Parsons has customized a digital platform for Taishan Insurance’s credit insurance. Sino-Parsons’s professional teams of business, R&D, product and operation provide 24/7 services, ensuring the delivery of zero-cost digital transformation of Taishan Insurance’s credit insurance business.
2.Through integrating traffic, scenarios etc. in the ecosystem, Sino-Parsons filters high-quality assets for Taishan Insurance, which has greatly improved customer acquisition.
3. Sino-Parsons developed a risk control management system which enables a full life cycle risk control from customer acquisition, loan access/anti-fraud, credit approval to loan monitoring and post-loan early warning.
4. Up to now, Taishan Insurance’s digital credit insurance platform has reached partnerships with financial institutions such as Hebei Bank and Yantai Bank, the scale of which amounts to billions in RMB. Taishan Insurance’s business and profits thus has immensely expand.