CNinsure, an independent insurance intermediary company, has entered into an strategic partnership with Sunshine Property and Casualty Insurance (Sunshine P&C Insurance ).

Under the agreement, both the companies will conduct in-depth cooperation in the areas of product distribution, development of custom-designed insurance products, which will be underwritten by Sunshine P&C Insurance and distributed by CNinsure, and also the outsourcing of claims adjusting services.

Yinan Hu, chairman and CEO of CNinsure, said: “The strategic partnership offers an exciting opportunity for both parties to deepen our cooperation, as well as forge a long-term and stable business relationship for mutual benefits. We are proud that this is the fourth corporate-to-corporate agreement that CNinsure has signed with property and casualty insurance companies so far.

“We firmly believe that with CNinsure’s keen sense of the changes in customers’ demands and Sunshine’s underwriting expertise, we will better serve consumers’ diversified needs and differentiate ourselves from our competitors by introducing customized products and participating in the provision of after-sales services.”