Beijing, 100007,
China
New China Life Insurance Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by New China Life Insurance and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 102817 New China Life Insurance employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that New China Life Insurance has purchased the following applications: Beisen Recruitment for Recruiting, Applicant Tracking System in 2016, SAP Treasury and Risk Management for Treasury Management in 2010, Microsoft Azure Cloud Services for Application Hosting and Computing Services in 2018 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems New China Life Insurance is running and its propensity to invest more and deepen its relationship with Beisen , SAP , Microsoft or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing New China Life Insurance revenues, which have grown to $91.25 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for New China Life Insurance intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Beisen | Legacy | Beisen Recruitment | Recruiting, Applicant Tracking System | HCM | n/a | 2016 | 2016 |
In 2016, New China Life Insurance implemented Beisen Recruitment as its applicant tracking solution. Beisen Recruitment sits in the Recruiting,Applicant Tracking System category and was provisioned to run Baisen iTalent as the ATS on the company careers site to support external candidate intake and on-site vacancy publication.
The deployment focused on standard Recruiting,Applicant Tracking System capabilities, including job posting and career site integration, requisition management, candidate profile capture and resume parsing, interview scheduling, offer workflow configuration, and recruiter hiring pipeline dashboards. Beisen Recruitment was configured to provide recruiter and hiring manager workflows, role-based access to candidate records, and standardized recruiting templates and statuses to enforce consistent selection processes.
Operational coverage emphasized the enterprise recruiting function, with the Beisen Recruitment application embedded into New China Life Insurance corporate hiring processes and the public careers portal. Architecture inference aligns with a web delivered ATS integrated into the career site front end, instrumenting candidate submission, recruiter dashboards, and requisition lifecycle tracking without reference to internal HR system integrations.
Governance centered on centralized configuration of job templates, approval routing for requisitions, and candidate data management policies within Beisen Recruitment. The implementation narrative reflects a structured ATS rollout for talent acquisition at New China Life Insurance, using Beisen Recruitment in the Recruiting,Applicant Tracking System category to formalize hiring workflows and career site driven sourcing.
|
TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Legacy | SAP Treasury and Risk Management | Treasury Management | TRM | n/a | 2010 | 2010 |
In 2010 New China Life Insurance implemented SAP Treasury and Risk Management as its Treasury Management platform to consolidate treasury operations across the insurer. The deployment targeted corporate treasury, risk control, and investment accounting functions for a company with 102,817 employees, using SAP Treasury and Risk Management to standardize treasury workflows and position keeping.
The SAP Treasury and Risk Management implementation encompassed core Treasury Management capabilities typical of the application category, including cash and liquidity management, market risk measurement, deal capture and position management, and hedge accounting. Configuration focused on instrument level treatment, treasury book structures, and regulatory reporting data models consistent with enterprise insurance treasury requirements.
The solution was deployed as a centralized platform to orchestrate treasury procedures across finance, investment, and risk governance teams, aligning treasury operations with enterprise finance practices. Operational scope covered corporate treasury activities and investment oversight, with SAP Treasury and Risk Management serving as the system of record for treasury exposures and policy enforcement.
Governance and process changes emphasized standardized controls, consolidated treasury reporting, and formalized approval workflows for trading and hedging activities. New China Life Insurance SAP Treasury and Risk Management Treasury Management supported a shift toward centralized treasury governance and consistent risk accounting across the organization.
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft Azure Cloud Services | Application Hosting and Computing Services | IaaS | n/a | 2018 | 2018 |
In 2018 New China Life Insurance deployed Microsoft Azure Cloud Services to host and deliver its public website, establishing a cloud-based Application Hosting and Computing Services footprint for web application delivery. The deployment centers on Microsoft Azure Cloud Services as the platform for hosting the corporate web property and related web application components.
The implementation emphasizes platform-level compute and storage provisioning, web application hosting, content delivery and traffic routing, and secure transport termination for public-facing traffic. Microsoft Azure Cloud Services provides the compute and platform services used to run website application code, store web assets, and manage content delivery and scalability.
Operational coverage is focused on the company website and the site delivery stack, including application lifecycle operations such as deployment orchestration, monitoring, logging, and incident response workflows. The configuration supports standard Application Hosting and Computing Services functions, including automated scaling of web instances, centralized logging and monitoring, and managed content delivery to improve site availability.
Governance is structured around web operations and cloud resource lifecycle management, with IT application owners controlling provisioning, access, and operational runbooks for the website environment. New China Life Insurance Microsoft Azure Cloud Services Application Hosting and Computing Services relationship is explicitly applied to the public website, aligning cloud platform management with ongoing web operations and maintenance responsibilities.
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