Reborn 2005: The Internet Myth

Midland's insurance business is very developed, with a wide range of types, and it is also very popular.

Basically, as long as you have enough money to buy insurance, if the glass in your house is broken, the insurance will compensate you.

And because Midland’s estate tax is very high, if ordinary people want to avoid the high estate tax, the best way is to buy life insurance, because the insurance company’s compensation does not need to be taxed.

Midland is a federal country, and each state has its own laws. People in different states need to purchase different insurances. There are more than 1,500 insurance companies in Midland, and it is of course impossible to include them all.

of.

Therefore, Wang Zheng’s initial goal is to focus on those leading companies. Only they have enough resources to enrich the content of QuickPass and launch insurance plans suitable for local laws for users in different regions.

Gabriel experienced it very carefully, not missing every small function, and sometimes asked a few questions carefully.

After seeing all the functions, she nodded with satisfaction and said: "The functions are indeed very complete. As long as the bank connection is perfect, it will indeed be more attractive than PayPal."

However, Wang Zheng is not very satisfied yet. QuickPass is still a semi-finished product at best. "It's a pity that there is no chance to connect energy payments for the time being. You and Dickens need to handle this aspect of the work."

Gabriel understood it as soon as he heard it. He spread his hands and said helplessly: "This is too difficult. If we don't amend the legislation, I'm afraid we won't be able to complete it in our lifetime."

Water, electricity, gas and other energy sources in the West are basically private companies and implement tiered billing. The most important thing is that prices may be different in different areas of the same state.

Moreover, this price will also change with the market conditions and the rise and fall of atmospheric temperature. There are almost countless energy companies, and there is basically no possibility of complete docking.

Not to mention Phil International, even the general leadership cannot solve this problem.

We can only wait until the mobile Internet era begins, and after Phil International becomes the maker of mobile payment rules, perhaps it will be possible for energy companies to actively participate in this change.

The two chatted about the operation of QuickPass for more than an hour, and the time soon reached 11 o'clock.

Wang Zheng looked at his watch and realized that it was already very late, so he stopped the work discussion, looked at Gabriel who was still in high spirits and asked: "Gabriel, it's already very late now, should I take you to the hotel?

"

Gabriel looked at Wang Zheng with a half-smile but did not object.

There is indeed an extra room in the house, but...

This beautiful woman in front of me can be said to be full of temptation.

But this is not a fuel-efficient lamp, and Wang Zheng himself does not have even this little control.

A truly successful man either has insight into the world or understands himself.

It's not that women shouldn't be touched, but you need to know which women shouldn't be touched, so that you don't end up not tasting the fishy smell and getting all messy.

Gabriel is the kind of woman who cannot be touched for the time being.

As for what Gabriel thinks, that's none of his business.

The next day, classes at Stanford had officially begun. While Wang was sitting in the classroom, Dickens and Gabriel, the father and daughter, had officially assumed the positions of CEO and Assistant to the Chairman of QuickPass Group.

In order to facilitate communication and collaboration, the group headquarters will be located in Menlo Park, but an office will also be set up on Wall Street in New York for financial business docking.

Gabriel is responsible for daily management at the headquarters. She has very high authority and reports directly to Wang Zheng.

The older Dickens went to New York and used his rich contacts to handle a series of equity interests in the company, financial product docking and other business.

The cooperation between father and daughter is indeed successful. By the end of August, all equity distribution issues of Quick Pass Company have been completely resolved, and all the investment funds of each company have been received.

Phil International holds 57% of the shares based on technology and users, and Wang Zheng serves as chairman.

Rock Hill Consulting, also known as the Midland Rothschild family, completely merged Seattle-based Merchant Bank, worth $1 billion, into QuickPass Group, accounting for 20% of the shares and three board seats.

Sutong Capital invested US$150 million, accounting for 3% of the shares. A total of six investment banks and commercial banks from Midland and Europe accounted for 10% of the shares. The remaining 10% was invested in equal proportions by a total of 16 large insurance companies around the world.

, a total of 5 rotating director seats are provided.

After a series of operations, the QuickPass Group, with Seattle-based American Commercial Bank as its main operating body, has reached an account capital of US$1.15 billion.

The cooperation between insurance companies and investment banks is also very smooth. For different users, insurance and investment funds in different regions are constantly integrated into the Quick Pass platform, relying on the recommendation algorithm provided by Phil International, allowing shareholders to have a clear understanding of Quick Pass during the internal testing phase.

Fu is full of confidence.

As long as the user logs in, the recommendation algorithm will recommend the most suitable products to the user based on the user's gender, age, region and other characteristics.

Insurance shareholders, in particular, are simply ecstatic about this new model.

Traditional insurance services rely more on publicity and promotion, and there are so many competitors.

This also makes it very difficult for many large insurance companies to expand their markets, and their investments are slow to bear fruit.

The emergence of QuickPass has solved this pain point for them. Network services have eliminated a large number of intermediate links, which can not only reduce premiums to attract users, but also directly cater to global users.

The financial management part including stock funds has also allowed investment banks to discover a new blue ocean.

Especially for funds, in the past when investment banks issued funds, the audience was usually relatively fixed large customers.

Each investment bank has a fixed customer base, and investment banks invest heavily in cultivating customer loyalty.

Some people say that 1% of the population in the United States accounts for 99% of society's assets. There is nothing wrong with this.

In the past, the middle class was the leek that major investment banks competed for.

The emergence of quick passes has also brought the people at the bottom into the ranks of "leeks".

The bankers on Wall Street are so smart. They are all the ancestors of playing numbers games.

Coupled with Wang Zheng's guidance from a future perspective, the insurance plan and financial management plan stand out as "cheap".

The critical illness insurance is US$9.9 per month and has a coverage of US$1 million, which seems very tempting.

It's just that people who don't see the truth are easily fooled by this. In fact, one disease costs 20,000 yuan, and fifty diseases only costs 1 million.

If you really get a one million insured amount, you probably won’t be cured.

For example, accident insurance costs RMB 20 a month, and the insured amount can be RMB 3 million!

In fact, aviation accident insurance accounts for 2 million, and when combined with other ways of death, the total is 3 million.

This is a typical word game. When taking transportation such as airplanes and trucks, you will be forced to buy an accident insurance when you pay for the ticket. This cannot be superimposed. The one with the highest insurance amount determined by the China Insurance Regulatory Commission will be effective.

These plans basically use low prices to attract users, and they can deceive each one one by one.

Wang Zhengcai doesn't worry about whether this is a sinister thing. Westerners are none of my business.

Let these capitalists taste the sweetness and trust Phil International until they become dependent on Phil International and can no longer do without Phil International. This is his ultimate goal.