Founded in 2016, Waterdrop Inc. operates an online insurance brokerage platform that connects users in China with health and life insurance products underwritten by domestic insurance companies. The company functions as a digital intermediary in the Chinese insurance market, offering both short-term and long-term coverage options to customers seeking insurance solutions through its platform.
Beyond insurance brokerage, Waterdrop operates complementary healthcare and pharmaceutical services. The company runs a medical crowdfunding platform that enables users to seek financial assistance for healthcare expenses, and it operates E-Find, a clinical trial patient recruitment platform that matches patients with pharmaceutical companies conducting clinical studies. Additionally, Waterdrop provides technical services to insurance brokers and agencies through a customer relationship management system.
The company operates from its headquarters in Beijing with approximately 3,057 full-time employees. Waterdrop is incorporated in the Cayman Islands and listed on the New York Stock Exchange, providing it with access to international capital markets while maintaining operations focused on the Chinese insurance and healthcare sectors.
No 10-K filings found.