WDH
Waterdrop·NYSE
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WDH Profile
Waterdrop Inc.
The China's largest independent insurtech platform
Insurance
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05/07/2021
New York Stock Exchange
3,057
12-31
Depository Receipts (Ordinary Shares)
Block C, Wangjing Science and Technology Park, No. 2 Lize Zhonger Road, Chaoyang District, Beijing 100102, People’s Republic of China
Insurance service
Waterdrop was incorporated in the Cayman Islands in May 2018. Water Drop Insurance is an Internet insurance platform launched by Water Drop Company in May 2017. The operating entity is Water Drop Insurance Brokers Co., Ltd., which is a national insurance brokerage company approved by the China Banking and Insurance Regulatory Commission. Waterdrop is a leading insurance and health service technology platform in China, dedicated to providing users with high-quality and inclusive insurance protection and health service solutions. With its pioneering health protection model of "critical illness fundraising + insurance + health care", Waterdrop has established a huge social security system through businesses such as Waterdrop, Waterdrop, and Waterdrop Health, which has improved people's health awareness and education on universal insurance, and provided users with insurance protection services.
Didibao and Didibao provide users with multiple efficient medical funding channels: Didibao provides medical protection for healthy people, and Didibao helps patients with serious illnesses reduce the burden of diagnosis and treatment costs, and successfully meets the needs of a diverse user group covering the entire social class.
After five years of hard work, iResearch data shows that the brand awareness of DipChip and Dipbao ranks first in personal network help and independent third-party insurance platforms.
Waterdrop is also exploring and strengthening cooperation with medical service partners such as hospitals and pharmaceutical companies, connecting various medical payment methods, and focusing on providing users with a wider range of medical service options, including online drug purchase, online consultation and other health and medical services.
