China’s “insurtech” star over-stresses the tech

Zhong An was founded by the chairmen of internet heavyweights Alibaba and Tencent, Jack Ma and Pony Ma, and their counterpart at Ping An,, the insurer, Ma Mingzhe. A mooted valuation of up to $12.9 billion for this financial technology-meets-insurance business owes more to the first two Mas than to the third.