Ping An accelerates AI push with new tech leadership

New addition to drive transformation and integration

Ping An accelerates AI push with new tech leadership

Transformation

By Roxanne Libatique

Ping An Insurance (Group) Company of China Ltd has named Ray Wang (pictured) as its chief technology officer and general manager of Ping An Technology.

The company said Wang’s appointment is intended to strengthen its capabilities in artificial intelligence and accelerate the integration of proprietary large language models and open-source big data platforms.

This move is part of Ping An’s broader plan to develop five digital systems – covering business, operations, management, marketing, and services – under its “integrated finance + health and senior care” strategy.

Wang’s experience in financial technology

Wang holds a master’s degree in computer science from the National University of Singapore. He previously held senior technical roles at Google and Bloomberg.

At Baidu, where he served as chief architect, Wang led the development of Baidu Wallet and digital financial services.

Later, at Ant Group, he was vice president and CTO for Ant Fortune and Ant Insurance, overseeing technology and research teams in areas such as wealth management, insurance, and consumer finance.

Wang’s experience includes launching AI-driven financial products and managing teams responsible for digital transformation projects across the financial sector.

Ongoing investment in technology and talent

Ping An continues to prioritise technology investment as a core part of its business strategy.

The company has established a technology foundation known as “953,” which includes nine major databases, five laboratories, and three technology subsidiaries.

At the end of 2024, Ping An reported a technology workforce of more than 21,000 developers and over 3,000 scientists.

By March 2025, the company had secured 45 wins in AI competitions and filed more than 55,000 patent applications, reflecting its focus on research and development.

Digital healthcare platform relaunch

Ping An Healthcare and Technology Company Limited has relaunched its health services platform under the “Ping An Good Doctor” brand.

The updated offering includes annual healthcare services built around three main areas:

  • Proactive family doctor support
  • Direct access to medical specialists
  • Coordinated care throughout the patient journey

The platform serves 400 million registered users and has 20 million subscribers to its family doctor service.

It also works with 2,100 corporate clients, providing healthcare services to over 5 million employees.

Global expansion of disaster risk platform

In May 2025, Ping An Property & Casualty Insurance Company of China expanded its disaster risk intelligence platform, EagleX, to a global audience.

EagleX uses artificial intelligence, satellite data, and analytics to help insurers, governments, and businesses assess risk, receive early warnings, and verify claims.

Originally designed for the Chinese market, EagleX now supports risk management in multiple countries, processing more than 2 trillion data points related to natural disasters such as typhoons, earthquakes, and heavy rainfall.

The platform’s global version offers disaster risk mapping, real-time alerts, and satellite-based loss assessment.

These features are intended to assist insurers with underwriting and pricing, and to provide businesses and authorities with information for preventive action.

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