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Cninsure Inc. (CISG)

-NasdaqGS

6.43 Up 0.03(0.47%) 4:00PM EDT

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Cninsure Inc.
Yinhai Building
22nd Floor
Guangzhou, 510110
China - Map
Phone: 86 20 6122 2777
Fax: 86 20 6126 2893
Website: http://www.cninsure.net

Details 
Index Membership:N/A
Sector:Financial
Industry:Insurance Brokers
Full Time Employees:4,108

Business Summary 

CNinsure Inc., an insurance intermediary company, provides insurance brokerage and agency, and insurance claims adjusting services in the People’s Republic of China. The company operates in three segments: Property and Casualty, Life, and Claims Adjusting. It sells automobile insurance, individual accident insurance, and homeowner insurance products primarily to individual customers; commercial property insurance, cargo insurance, hull insurance, liability insurance, and construction insurance products to institutional customers; and life insurance products, including individual whole life insurance, term life insurance, endowment life insurance, education annuity, and health insurance, as well as universal insurance and group life insurance primarily to individuals under 50 years of age. The company’s insurance claims adjusting services include pre-underwriting survey, claims adjusting, disposal of residual value, loading and unloading supervision, and consulting services, as well as damage assessment, survey, authentication, and loss estimation to insurance companies and the insured. It also offers value-added services to its customers in conjunction with distributing automobile insurance products. In addition, the company provides consumer financial products and services, and wealth management products and services to individuals. As of March 31, 2013, its distribution and service network consisted of 40 insurance agencies; 2 insurance brokerages; 3 claims adjusting firms; and 1 online insurance service company, 1 automobile service company, and 1 wealth management service company, with 481 sales and service outlets, 47,184 registered sales agents, and 128 in-house sales representatives, as well as 1,258 in-house claims adjustors and 15 financial advisors. The company was founded in 1998 and is headquartered in Guangzhou, the People’s Republic of China.

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Key Executives 
 PayExercised
Mr. Yinan Hu , 48
Co-Founder and Chairman
N/AN/A
Mr. Chunlin Wang , 44
Chief Exec. Officer
N/AN/A
Mr. Qiuping Lai , 60
Co-Founder, Pres and Exec. Director
N/AN/A
Mr. Peng Ge , 42
Chief Financial Officer
N/AN/A
Mr. Zhao Bo ,
Head of insurance brokerage business unit
N/AN/A
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.