Top 20 Key Players companies in Group insurance by Highest Patent Value in the world in 2020 – Discovery

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The Group insurance top 20 is Discovery PatSnap’ annual ranking of the top 20 Highest Patent Value Group insurance Key Players in the world. Discovery has identified the top key players, startups & unicorns, fast-growings, news entrants in 2020, ranking from differnt perspectives, including patent filing intensity, academic research capability, news media heat. The company list is generated from various data types.

Group insurance is an insurance that covers a group of people, for example the members of a society or professional association, or the employees of a particular employer for the purpose of taking insurance. Group coverage can help reduce the problem of adverse selection by creating a pool of people eligible to purchase insurance who belong to the group for reasons other than the wish to buy insurance, which might be because they are a worse than average risk. Grouping individuals together allows insurance companies to give lower rates to companies, "Providing large volume of business to insurance companies gives us greater bargaining power for clients, resulting in cheaper group rates."

1	The Lincoln National Life Insurance Co.	Indiana, United States	Annuity,Insurance carriers,Universal life insurance, ...[+2]	Avg patent value: 83,000
2	Ping An Technology (Shenzhen) Co., Ltd.	Guangdong Sheng, China		Avg patent value: 76,750
3	State Farm Mutual Automobile Insurance Co.	Tennessee, United States	Property insurance,Automobile insurance,Disability insurance, ...[+2]	Avg patent value: 75,000
4	Mitsui Sumitomo Insurance Co., Ltd.	Tokyo, Japan	Liability insurance,Casualty insurance,Insurance broker, ...[+2]	Avg patent value: 51,000
5	Meiji Yasuda Life Insurance Co.	Tokyo, Japan	Insurance industry,Insurance carriers,Group insurance, ...[+2]	Avg patent value: 36,000
6	Samsung Life Insurance Co., Ltd.	South Korea	Insurance industry,Pension,Annuity, ...[+2]	Avg patent value: 35,500
7	Tokio Marine & Nichido Fire Insurance Co., Ltd.	Tokyo, Japan	General insurance,Liability insurance,Earthquake insurance, ...[+2]	Avg patent value: 31,266
8	Fubon Insurance Co., Ltd.	Taiwan Province, China	Liability insurance	Avg patent value: 10,375
9	MetLife, Inc.	New York, United States	Risk management,Annuity,Underwriting, ...[+2]	Avg patent value: 4,100
10	Suzuken Co., Ltd.	Aichi, Japan	Pharmaceutical manufacturing,Health care,Medical equipment, ...[+2]	Avg patent value: 3,600
11	Taikang Pension Insurance Co., Ltd.	Beijing Shi, China	Pension,Asset management	Avg patent value: 3,533
12	Taikang Life Insurance Co., Ltd.	Beijing Shi, China	Group insurance,Insurance carriers,Fingerprint recognition, ...[+2]	Avg patent value: 3,520
13	China Life Insurance Co. Ltd.	Beijing Shi, China	Insurance carriers,Insurance industry,Casualty insurance, ...[+2]	Avg patent value: 3,500
14	STARTUP Beijing Zhongxin Yibao Technology Co. Ltd.	Beijing Shi, China	Product optimization	Avg patent value: 3,500
15	Beijing Shudun Information Technology Co. Ltd.	Beijing Shi, China	Computer hardware,Hardware security module,Software-defined storage, ...[+1]	Avg patent value: 3,500
16	Shanghai Insurance Exchange Co., Ltd.	Shanghai Shi, China		Avg patent value: 3,500
17	Cathay Life Insurance Co., Ltd.	Taiwan Province, China	Cathay,Insurance industry,Risk management, ...[+2]	Avg patent value: 3,250
18	Nan Shan Life Insurance Co., Ltd.	Taiwan Province, China	General insurance,Liability insurance,Asset management, ...[+2]	Avg patent value: 3,250
19	Fujitsu Ltd.	Tokyo, Japan	Cloud computing,Enterprise software,Information technology management, ...[+2]	Avg patent value: 0
20	Toppan, Inc.	Tokyo, Japan	Publishing,Semiconductor,Electronics, ...[+2]	Avg patent value: 0