The company is headquartered in Lujiazui Financial District, Pudong, Shanghai, with a registered capital of 550 million yuan, mainly engaged in compulsory motor vehicle traffic accident liability insurance and commercial motor vehicle insurance. Tian Ping Insurance pioneered the insurance market in China, and was the first insurance company to implement non-core business outsourcing mode and provide comprehensive automobile safety services. The business model of "low-cost specialization based on non-core business outsourcing" advocated and implemented by Tian Ping Insurance is being recognized by the industry, and "Tian Ping model" has gradually become a hot topic in theoretical and practical circles.