Sunshine Insurance Group is considered as one of China's top 500 enterprises as well as China's top 100 enterprises specialized for services. In its third year, the Group became one of the top seven insurance groups; in its fifth year, the Group founded Sunshine Corporation in the same period with incorporation of 71 insurance companies; in its ninth year, the Group set foot in the online finance and overseas real estate investment sectors; in its tenth year, the Group successfully entered the health care industry and came out as one of the fastest-growing enterprises in the world. At present, the Group owns a number of specialized subsidiaries, including Sunshine Property and Casualty Insurance, Sunshine Life Insurance, Sunshine Credit and Guarantee Insurance, Sunshine Asset Management, Sunshine Union Hospital and HFAX. It has grown into a symbol for the leading force in the transformation and development of the insurance industry.
On basis of business advantages, people-oriented business value and advanced techniques, Sunshine Insurance Group has effectively integrated insurance with investment resources, continuously researched and developed products that meet customer demands and constantly upgraded services featuring rapid and direct compensations. In addition, it has strived to develop extraordinary capabilities in marketing, customer services, risk management and asset management, as so to achieve a healthy, sustained and rapid development.
Established in July 2005, Sunshine Property and Casualty Insurance mainly engages in property insurance business nationwide. Since its founding, Sunshine has set new records for many consecutive years in annual insurance premium among newly-established domestic insurance companies, having achieved a sound and rapid development. At present, it owns 36 sub-offices and more than 1,500 third- and fourth-level branches with the service network covering the whole country.
Established in December 2007, Sunshine Life Insurance specializes in all types of life insurances nationwide including life, health and accident injury. Since its founding, Sunshine Life Insurance has gained adequate momentum and witnessed a growing corporate value. Today, with 33 sub-offices and more than 800 third- and fourth-level branches, the company is considered as the professional one specialized in providing customers with life, endowment, medical, health, and accident insurance services.
Since its founding in December 2012, with a professional team and the philosophy of “robust, standard and professional investment”, Sunshine Asset Management has been ranked among the industry’s top three companies in investment returns for many consecutive years and boasts one of the best asset management teams in the industry. Today, it handles with a complete set of business scope covering stock, credit debt, equity, and stock index futures investments; product innovations under infrastructure and real estate investment plans; entrusted management on insurance funds; insurance asset management product business; domestic trusteeship in overseas investments, etc.
Established in January 2016, Sunshine Credit and Guarantee Insurance is a professional commercial credit insurance company based on big data and Internet platform to provide individuals, small businesses and various institutions with the following services: credit and guarantee insurances, relevant accident insurance, property insurance, liability insurance, reinsurance and insurance fund application business in accordance with laws and regulations. The Company is committed to creating value from credit and leading a good credit life together with its customers through powerful data management, excellent risk management, first-class product innovation, and advanced platform operation.
Established in 2015 as the first large general hospital in the insurance industry, Sunshine Union Hospital incorporates diverse services including medical treatment, teaching, research, prevention, care, rehabilitation, translational medicine and industrial development. Built on basis of international advanced medical concepts, JCI and Grade-ATertiary Hospital standards, the hospital has gathered a large number of medical scientists and experts, developed innovative diagnosis and treatment standards, introduced cutting-edge technology, and worked with Joslin Diabetes Center of Harvard University to create a world-class diabetes center.
At Sunshine Insurance, responsibility increases with development of overall strength. Since its founding, Sunshine Insurance has taken on social responsibilities in a series of major events. Over the past 11 years, it has achieved remarkable results: the total amount of insurance has exceeded RMB 175 trillion with the total indemnity payments exceeding RMB 76.6 billion; more than 198,000 jobs have been created and more than RMB 23.6 billion of taxes have been paid; and a total of 210 million customers have been provided with professional insurance services. Under the institutionalization and normalization of public welfare activities, Sunshine Insurance set up the industry-leading Sunshine Insurance Young Volunteers Association and Beijing Sunshine Insurance Charity Foundation in March 2009. The Group has invested more than 110 million yuan in charitable events. It has fulfilled its social responsibility by donating money in the 5.12 Wenchuan Earthquake, 4.14 Yushu Earthquake, 4.20 Lushan Earthquake, Typhoon Rammasun in Hainan. In addition, Sunshine Insurance has sponsored China’s 22nd Antarctic scientific expedition, worked with the Central Committee of the Communist Youth League of China in promoting labor transference and entrepreneurship among young people in rural areas, and built 33 Sunshine schools in Hunan, Guizhou, Sichuan, Shandong, Fujian, Tibet, Yunnan, Guangxi and Gansu. In 2010, Sunshine Insurance initiated the allowance program for employees to support their parents; in October 2012, this program was extended to life insurance salespeople. Now the allowance is paid monthly to the parents of more than 10,000 employees.
Highly recognized by the society for its innovative management model, excellent corporate culture and sense of social responsibility, Sunshine Insurance has received a number of honors: China’s Top 50 Units in Public Welfare, China Red Cross Medal, Most Socially Responsible Insurance Company, China’s Best Business Model, Best Management Innovation Award, First National Corporate Culture Demonstration Base in the Financial Industry, Best Employer, Best Corporate Culture Award, Best Insurance Company for Claims Settlement, Most Competitive Insurance Company, Happiest Company, Best Annual Overseas Merger & Innovation Award, China's Best Insurance Asset Management Company, China's Top 500 Companies in Credit. In general, the Company’s brand image and influence have been increasing.
At the beginning of its second decade, the Group has initiated a new development strategy of “One Body & Four Wings”, which means the company aims to further strengthen its main insurance business while stretching to four subsidiary fields (i.e., Data, Finance, Health and Overseas) so that we are better positioned to solve social problems through commercial means and to provide our customers with more financial and insurance services.
With the vision of “Creating a customer-oriented and dynamic group of financial and insurance services”, Sunshine Insurance Group will embrace reform and scale new heights to create more value for customers whom business growth of the company are shared, so as to bring sunshine to the lives of more people.