An insurer, a search engine and an investment group…

German insurer Allianz, Chinese search engine Baidu, and investment group Hillhouse Capital form a joint venture that will allow the trio to sell insurance online to individuals and small businesses in China. Read in the context of: The Chinese version of Yahoo, Alibaba, social network/instant messenger Tencent, and insurance company Ping An form a new company called ZhongAn to sell insurance online. That was 2013. This is now.