U-BX Technology Ltd. (UBXG)

Overview

U-BX Technology Ltd. is a company that specializes in leveraging artificial intelligence (AI) technologies to deliver innovative services to the insurance sector in China. Its primary focus lies in adding value to the operations of businesses within the insurance industry through digital means. U-BX Technology Ltd. advises both property and auto insurance carriers, along with insurance brokers, by offering a variety of digital promotion and risk assessment services. Initially established under the name Famingsur Develop Limited in 2018, the company underwent a rebranding to U-BX Technology Ltd. in October 2021. The firm is headquartered in Beijing, China, signifying its strategic placement at the heart of one of the world's most dynamic technological landscapes.

Products and Services

• Digital promotion services

  These services are designed to help insurance companies enhance their online visibility and reach. By leveraging sophisticated AI tools, U-BX Technology assists insurers in implementing effective digital marketing strategies, thereby expanding their customer base.

• Risk assessment services

  Utilizing AI-driven analytics, the company offers comprehensive risk assessment solutions. These services enable insurance carriers to accurately evaluate risks associated with insuring individuals or assets, facilitating more informed underwriting decisions.

• Value-added bundled benefits
  • Auto maintenance: A service package that offers maintenance benefits for vehicles insured under carriers working with U-BX Technology. This ensures continuous performance and reliability of the insured vehicles.
  • Auto value-added: A range of additional benefits for auto insurance policyholders, aiming to enhance the overall value of the insurance policy through supplementary services or coverages.
  • Vehicle moving notification: A service that notifies insurance carriers of changes or movements in the insured vehicle's status, aiding in the management of risks and policies.
• Insurance-related information to individual consumers

  This offering makes it easier for consumers to access pertinent information regarding insurance policies, coverage options, and industry trends, empowering them to make better-informed decisions when purchasing insurance.

• Magic Mirror algorithm

  An innovative AI algorithm developed by U-BX Technology to calculate payout risks for insurance carriers. This tool is especially useful for underwriting auto insurance, enabling carriers to determine premiums based on accurate, data-driven risk assessments.