Zhong An is China’s first fully digital insurance company that was founded in 2013 through a joint effort of Ping An, Tencent and Alibaba. Zhong An started with a shipping insurance product for merchants and has now expanded to over 240 product lines. They have sold 7.2 billion insurance policies, serve 492 million customers and have close to $500 million in gross written premium in 2016.
"Rakuten Ichiba is Japan’s single largest online retail marketplace. It also provides loyalty points and e-money usable at hundreds of thousands of stores, virtual and real. It issues credit cards to tens of millions of members. It offers financial products and services that range from mortgages to securities brokerage. And the company runs one of Japan’s largest online travel portals—plus an instant-messaging app, Viber, which has some 800 million users worldwide. Retailer? Financial company? Rakuten Ichiba is all that and more!"
Which digital giant has you in their sights? See "Competing in a world of crumbling boundaries" to make sure you anticipate that fate.
Plenty more from Gartner to think about below.
By 2020, five of the top seven digital giants will willfully “self-disrupt” to create their next leadership opportunity. The top digital giants include Alibaba, Amazon, Apple, Baidu, Facebook, Google, Microsoft, and Tencent. Examples of self-disruption include AWS Lambda versus traditional cloud virtual machines, Alexa versus screen-based e-commerce, and Apple Face ID versus Touch ID.