#China #Beijing #HealthTech #Waterdrop Inc #Inclusive Insurance

Waterdrop's Recognition at the 2025 Global Best Case Brands Awards

Waterdrop Inc. (NYSE: WDH) has recently been celebrated with the esteemed Global Best Case Brands Award during the 3rd International Conference on Management Change and Sustainable Development (MCSD). This recognition highlights Waterdrop's exceptional advancements in creating inclusive insurance solutions through innovative technology. Out of over 100 firms nominated for this award, Waterdrop distinguished itself for its impactful contributions aimed at enhancing accessibility within the insurance and healthcare sectors.

The MCSD conference, held at Jiangxi University of Finance and Economics (JUFE), brought together nearly 300 experts from various industries, including academia, business, and technology. Participants engaged in enlightening discussions centered around the theme of "AI Development and Enterprise Continuous Innovation." It was co-hosted by the International Case Research Association (ICRA) and the Canada China Business Council (CCBC), aiming to honor companies that have made substantial strides in business case research and its practical applications.

William Wei, the President of ICRA and Dean at Algoma University, elaborated on the stringent evaluation criteria that determined the award's recipients. The honor was presented to Waterdrop by Que Shandong, Vice President of JUFE, and Mike Annett from MacEwan University, underscoring the collective recognition of Waterdrop's unique position in the market.

The Mission and Innovative Offerings of Waterdrop Inc.

Established in 2016, Waterdrop is not just an insurance technology company; it is a vision driven by the desire to make healthcare accessible for everyone. The company focuses on providing comprehensive solutions that benefit millions of families across China. Their portfolio encompasses several services, including Waterdrop Medical Crowdfunding, an innovative crowdfunding platform that assists patients in funding their medical treatments, and Waterdrop Insurance Marketplace, which offers a range of insurance solutions.

Waterdrop has also committed nearly RMB 300 million annually towards research and development in AI since 2019, with the intention of solving the challenges related to insurance accessibility and coverage tailored for specific consumer groups. In 2024, their proprietary language learning model, GuardianShuishou LLM, achieved a significant milestone by securing trademarks and patents with the Cyberspace Administration of China, demonstrating the company's expertise in integrating AI into its products.

The GuardianShuishou LLM is designed to offer expert guidance to insurance agents and users alike, which not only simplifies complex insurance terminologies but essentially boosts efficiency in the insurance value chain. In doing so, Waterdrop has managed to address the unique protection requirements of various groups such as seniors, individuals with pre-existing conditions, plus expectant mothers and newborns.

In 2025, for instance, the Waterdrop Insurance Marketplace launched an impressive 214 insurance products tailored explicitly for individuals with pre-existing conditions, with many of these offerings being unprecedented in China. With an average release of a new product every 1.14 days, Waterdrop has effectively paved the way for innovative solutions that cater to the health challenges of numerous individuals. This commitment to inclusivity ensures that insurance coverage is not a luxury but a necessity accessible to all.

A Commitment to Lasting Impact

Another cornerstone of Waterdrop's innovation strategy is the Medical Crowdfunding Platform, which bridges the gap for patients needing urgent medical assistance. Through this channel, individuals are able to initiate fundraising campaigns quickly, leveraging social networks such as WeChat to reach potential supporters. As data suggests, by June 2025, close to 480 million contributors had raised around RMB 70 billion for over 3.54 million patients requiring support. Impressively, every 53 seconds, a new fundraising campaign is launched, with an average of seven dedicated Waterdrop staff providing vital support behind each campaign.

Waterdrop's accolade as the recipient of the Global Best Case Brands Award perpetuates the recognition of its groundbreaking business model and its positive implications. The company aims to further delve into the realms of inclusive protection as it catapults its AI-driven strategy forward. The focus remains sharp on continuing to deliver unparalleled value to consumers while striving to elevate the quality of life through technology-enabled financial and healthcare services.

To discover more about Waterdrop Inc. and their innovative offerings, visit Waterdrop's official website.