Cheche Group launches AI underwriting agent for auto insurance

Cheche Group is pushing farther into the underwriting stack with ABAO Agent, an AI-powered intelligent underwriting agent it said is already commercially deployed in auto insurance renewal scenarios at scale. The company framed the product as more than a front-end intake tool: it sits on Cheche’s proprietary large language model and is deeply integrated with core insurance workflows, with end-to-end automation across underwriting and policy renewal.

That positioning matters in auto, where speed and consistency often decide whether a submission gets bound cleanly or stalls in manual review. Cheche said the launch marks a strategic evolution from a digital insurance transaction platform to an AI-driven insurtech company. For carriers and distribution partners, the real test is whether ABAO Agent shortens quote-to-bind time while also improving risk selection, not just whether it fills forms faster.

The timing is hard to ignore. Cheche was established in 2014 and is headquartered in Beijing, China, and it says it operates about 108 branches licensed to distribute insurance policies across 25 provinces, autonomous regions and municipalities. That footprint gives it a broad operating base for a line where the volume is enormous: Swiss Re said China’s motor insurance premiums exceeded CNY 913 billion in 2024, and motor accounted for more than 54% of total non-life gross written premiums. Swiss Re also said China’s registered vehicle parc climbed to almost 353 million units in December 2024 from 336 million a year earlier.

The market is also moving deeper into digital distribution. Cheche’s filing said China’s digital auto-insurance transaction penetration rose from 10.9% in 2018 to 34.8% in 2021 and was expected to reach 72.9% in 2026, while the broader auto insurance market was projected to grow from RMB 777.3 billion in 2021 to RMB 1.1 trillion in 2026, according to iResearch. In its first-half 2025 results, Cheche said partnerships with 15 new energy vehicle companies generated 810,000 policies and RMB 2.6 billion in written premium, a reminder that higher-volume, data-rich channels are already central to its business.

ABAO Agent also fits into a broader product push. On May 28, 2026, Cheche launched an AI large model-driven intelligent connected vehicle pricing product, signaling that pricing, underwriting and renewal are being assembled into one AI stack rather than treated as separate experiments. For China’s auto insurers, that is the bigger story: a platform trying to move from digitizing transactions to automating the decisions that sit behind them.