FingerMotion (OTCQX: FNGR), a communications and big data technology platform builder, is expanding reinsurance industry opportunities for its Sapientus data analysis platform. The company recently announced that its subsidiary Shanghai JiuGe Information Technology Co. Ltd. inked a collaborative alliance with Munich Re, a global reinsurance powerhouse, to improve understanding of morbidity and behavioral patterns in China’s marketplace, focusing on life and health insurance. According to FingerMotion CEO Martin Shen, who is quoted in a recent article, the news “sets the stage for a longer-term strategic mission to reinvent the way we provide insurance to customers in the future and transform the overall industry… All the vital elements are in place. With our distribution platform that enables wide-scale marketing throughout China, a growing network of partners and ongoing accumulation of increasing data points and observations will further strengthen our analytic power and extend our reach, enabling us to aid in the industry’s effort to better stratify risks and contain moral hazard, ultimately augmenting the efficiency of the overall insurance system.”
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About FingerMotion Inc.
FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. It is one of only a few companies in China with access to wholesale rechargeable minutes from China’s largest mobile phone providers that can be resold to consumers. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. The vision of the company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets. For more information about the company, visit www.FingerMotion.com.
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