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Zhongan Online P&C Insurance Co., Ltd.

A China-based insurer that operates entirely online with no physical branches, selling property and casualty coverage for everyday digital life—from health plans to its famous "return freight insurance" that reimburses shoppers for the shipping cost of sending back online purchases. Founded in Shanghai in 2013, it was backed by three of China's tech titans—Jack Ma of Alibaba, Pony Ma of Tencent, and Mingzhe Ma of Ping An—a trio nicknamed the "Three Mas."