S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Compare Stocks

Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
$82.17
+1.3%
$84.23
$59.91
$87.99
$23.45B0.781.33 million shs1.40 million shs
Equitable Holdings, Inc. stock logo
EQH
Equitable
$36.57
+0.9%
$35.57
$21.89
$38.44
$11.98B1.422.64 million shs1.88 million shs
Hagerty, Inc. stock logo
HGTY
Hagerty
$8.86
+1.8%
$8.75
$7.52
$10.36
$2.97B0.7755,332 shs57,651 shs
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
$51.22
+1.8%
$51.52
$39.44
$56.51
$13.33B0.52752,403 shs561,889 shs
Waterdrop Inc. stock logo
WDH
Waterdrop
$1.22
-0.8%
$1.22
$0.94
$2.97
$477.01M-0.33272,681 shs358,864 shs
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Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
+0.62%-1.85%-5.10%+8.43%+34.33%
Equitable Holdings, Inc. stock logo
EQH
Equitable
+1.65%-2.24%+0.98%+9.69%+37.22%
Hagerty, Inc. stock logo
HGTY
Hagerty
0.00%+1.65%-2.26%+9.08%-3.24%
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
-0.02%-0.18%-9.68%+14.32%+22.18%
Waterdrop Inc. stock logo
WDH
Waterdrop
0.00%-3.91%0.00%+23.00%-58.02%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
4.4234 of 5 stars
2.23.03.32.51.83.32.5
Equitable Holdings, Inc. stock logo
EQH
Equitable
3.8727 of 5 stars
2.33.03.30.02.62.53.1
Hagerty, Inc. stock logo
HGTY
Hagerty
1.8898 of 5 stars
2.02.00.00.03.11.72.5
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
1.8414 of 5 stars
2.21.00.80.01.82.52.5
Waterdrop Inc. stock logo
WDH
Waterdrop
3.3706 of 5 stars
3.53.00.00.03.61.71.9

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
2.30
Hold$86.805.63% Upside
Equitable Holdings, Inc. stock logo
EQH
Equitable
2.67
Moderate Buy$39.678.48% Upside
Hagerty, Inc. stock logo
HGTY
Hagerty
2.00
Hold$10.0012.87% Upside
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
2.33
Hold$54.255.92% Upside
Waterdrop Inc. stock logo
WDH
Waterdrop
3.00
Buy$2.80129.51% Upside

Current Analyst Ratings

Latest EQH, RYAN, WDH, HGTY, and BRO Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
4/16/2024
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$89.00 ➝ $94.00
4/15/2024
Equitable Holdings, Inc. stock logo
EQH
Equitable
Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOverweight ➝ Overweight$39.00 ➝ $41.00
4/15/2024
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
JMP Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingMarket Perform
4/11/2024
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetEqual Weight ➝ Equal Weight$81.00 ➝ $84.00
4/11/2024
Equitable Holdings, Inc. stock logo
EQH
Equitable
Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOutperform ➝ Outperform$42.00 ➝ $46.00
4/11/2024
Equitable Holdings, Inc. stock logo
EQH
Equitable
Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOverweight ➝ Overweight$43.00 ➝ $46.00
4/11/2024
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOverweight ➝ Overweight$57.00 ➝ $58.00
4/10/2024
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
Keefe, Bruyette & Woods
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetUnderperform ➝ Underperform$75.00 ➝ $80.00
4/10/2024
Equitable Holdings, Inc. stock logo
EQH
Equitable
Keefe, Bruyette & Woods
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetMarket Perform ➝ Market Perform$39.00 ➝ $41.00
4/10/2024
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
Keefe, Bruyette & Woods
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOutperform ➝ Outperform$56.00 ➝ $62.00
4/8/2024
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetUnderweight ➝ Underweight$47.00 ➝ $49.00
(Data available from 4/19/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
$4.20B5.58$3.13 per share26.27$19.60 per share4.19
Equitable Holdings, Inc. stock logo
EQH
Equitable
$10.53B1.14N/AN/AN/A
Hagerty, Inc. stock logo
HGTY
Hagerty
$1.00B2.97$0.20 per share43.75$1.22 per share7.26
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
$2.08B6.42$2.55 per share20.11$3.76 per share13.62
Waterdrop Inc. stock logo
WDH
Waterdrop
$370.53M1.29$0.24 per share5.13$1.65 per share0.74

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
$870.50M$3.0626.8521.912.5020.44%15.46%5.68%4/22/2024 (Confirmed)
Equitable Holdings, Inc. stock logo
EQH
Equitable
N/A$3.3810.825.19N/AN/AN/AN/A4/30/2024 (Confirmed)
Hagerty, Inc. stock logo
HGTY
Hagerty
$20.23M$0.07126.5734.08N/A1.84%4.53%1.16%5/14/2024 (Estimated)
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
$61.04M$0.51100.4324.05N/A9.36%44.84%6.18%5/2/2024 (Confirmed)
Waterdrop Inc. stock logo
WDH
Waterdrop
$23.55M$0.0524.40N/A6.40%3.57%2.75%6/7/2024 (Estimated)

Latest EQH, RYAN, WDH, HGTY, and BRO Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
5/2/2024N/A
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
$0.34N/A-$0.34N/AN/AN/A  
4/30/2024N/A
Equitable Holdings, Inc. stock logo
EQH
Equitable
$1.37N/A-$1.37N/AN/AN/A  
4/22/2024N/A
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
$1.01N/A-$1.01N/AN/AN/A  
3/26/2024Q4 2023
Waterdrop Inc. stock logo
WDH
Waterdrop
N/A$0.02+$0.02$0.02N/A$92.87 million
3/12/2024Q4 2023
Hagerty, Inc. stock logo
HGTY
Hagerty
-$0.01-$0.01N/A-$0.05$245.17 million$245.04 million
2/27/2024Q4 2023
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
$0.35$0.35N/A$0.52$524.08 million$532.90 million    
2/6/2024Q4 2023
Equitable Holdings, Inc. stock logo
EQH
Equitable
$1.17$1.33+$0.16$4.81$3.50 billion$3.55 billion
1/23/202412/31/2023
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
$0.53$0.58+$0.05$0.22N/A$1.03 billion    

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
$0.520.63%+10.98%16.99%30 Years
Equitable Holdings, Inc. stock logo
EQH
Equitable
$0.882.41%+9.22%26.04%5 Years
Hagerty, Inc. stock logo
HGTY
Hagerty
N/AN/AN/AN/AN/A
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
$0.440.86%N/A86.28%N/A
Waterdrop Inc. stock logo
WDH
Waterdrop
N/AN/AN/AN/AN/A

Latest EQH, RYAN, WDH, HGTY, and BRO Dividends

AnnouncementCompanyPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/26/2024
Waterdrop Inc. stock logo
WDH
Waterdrop
--$0.03204/18/20244/19/20245/3/2024
2/27/2024
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
None$0.343/12/20243/13/20243/27/2024
2/14/2024
Equitable Holdings, Inc. stock logo
EQH
Equitable
Quarterly$0.222.54%2/23/20242/26/20243/4/2024
(Data available from 1/1/2013 forward)

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
0.58
1.95
1.95
Equitable Holdings, Inc. stock logo
EQH
Equitable
N/AN/AN/A
Hagerty, Inc. stock logo
HGTY
Hagerty
0.32
1.48
1.48
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
1.98
1.16
1.16
Waterdrop Inc. stock logo
WDH
Waterdrop
0.01
3.96
4.11

Ownership

Institutional Ownership

CompanyInstitutional Ownership
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
71.01%
Equitable Holdings, Inc. stock logo
EQH
Equitable
92.70%
Hagerty, Inc. stock logo
HGTY
Hagerty
20.51%
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
84.82%
Waterdrop Inc. stock logo
WDH
Waterdrop
1.96%

Insider Ownership

CompanyInsider Ownership
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
17.02%
Equitable Holdings, Inc. stock logo
EQH
Equitable
1.02%
Hagerty, Inc. stock logo
HGTY
Hagerty
17.90%
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
11.10%
Waterdrop Inc. stock logo
WDH
Waterdrop
24.60%

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
Brown & Brown, Inc. stock logo
BRO
Brown & Brown
9,705285.34 million236.78 millionOptionable
Equitable Holdings, Inc. stock logo
EQH
Equitable
8,500327.62 million324.27 millionOptionable
Hagerty, Inc. stock logo
HGTY
Hagerty
1,732335.69 million275.60 millionOptionable
Ryan Specialty Holdings, Inc. stock logo
RYAN
Ryan Specialty
4,350260.22 million231.34 millionOptionable
Waterdrop Inc. stock logo
WDH
Waterdrop
2,719390.99 million294.81 millionNot Optionable

EQH, RYAN, WDH, HGTY, and BRO Headlines

SourceHeadline
Waterdrop Inc. (NYSE:WDH) Short Interest UpdateWaterdrop Inc. (NYSE:WDH) Short Interest Update
marketbeat.com - April 15 at 9:14 PM
Waterdrop (NYSE:WDH) Sees Strong Trading VolumeWaterdrop (NYSE:WDH) Sees Strong Trading Volume
americanbankingnews.com - April 12 at 5:26 AM
Waterdrop (NYSE:WDH) Sees Unusually-High Trading VolumeWaterdrop (NYSE:WDH) Sees Unusually-High Trading Volume
marketbeat.com - April 10 at 12:36 PM
Waterdrop Inc ADR WDHWaterdrop Inc ADR WDH
morningstar.com - April 9 at 10:52 PM
Waterdrop (NYSE:WDH) Shares Gap Down to $1.29Waterdrop (NYSE:WDH) Shares Gap Down to $1.29
marketbeat.com - April 3 at 4:50 PM
Waterdrop, Inc. (WDH) Q4 2023 Earnings Call TranscriptWaterdrop, Inc. (WDH) Q4 2023 Earnings Call Transcript
seekingalpha.com - March 28 at 8:32 PM
Waterdrop Inc. Announces -- Dividend of $0.03 (NYSE:WDH)Waterdrop Inc. Announces -- Dividend of $0.03 (NYSE:WDH)
marketbeat.com - March 27 at 5:26 PM
Waterdrop Full Year 2023 Earnings: Revenues Beat Expectations, EPS LagsWaterdrop Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
finance.yahoo.com - March 27 at 9:30 AM
Waterdrop declared a special cash dividend, the aggregate payment of which amounted to approximately US$15 millionWaterdrop declared a special cash dividend, the aggregate payment of which amounted to approximately US$15 million
prnewswire.com - March 27 at 2:35 AM
Waterdrop (NYSE:WDH) Shares Gap Up to $1.26Waterdrop (NYSE:WDH) Shares Gap Up to $1.26
marketbeat.com - March 26 at 12:26 PM
WDH Stock Earnings: Waterdrop Beats EPS, Misses Revenue for Q4 2023WDH Stock Earnings: Waterdrop Beats EPS, Misses Revenue for Q4 2023
investorplace.com - March 26 at 12:22 PM
Waterdrop Inc. Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results and a Special Cash DividendWaterdrop Inc. Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results and a Special Cash Dividend
prnewswire.com - March 26 at 6:00 AM
5WDH : Earnings Preview: Waterdrop5WDH : Earnings Preview: Waterdrop
benzinga.com - March 25 at 5:20 PM
Waterdrop Inc. to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 26, 2024Waterdrop Inc. to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 26, 2024
prnewswire.com - March 13 at 6:00 AM
Why Waterdrop’s CEO sees hydration beverages overtaking soft drinksWhy Waterdrop’s CEO sees hydration beverages overtaking soft drinks
finance.yahoo.com - February 27 at 12:55 PM
Waterdrop Inc ADR (WDH)Waterdrop Inc ADR (WDH)
investing.com - February 2 at 8:15 AM
Waterdrop Inc. (NYSE:WDH) most popular amongst individual investors who own 28%, insiders hold 25%Waterdrop Inc. (NYSE:WDH) most popular amongst individual investors who own 28%, insiders hold 25%
finance.yahoo.com - December 30 at 10:37 AM
Heres what Wall Street expects from Waterdrop As earningsHere's what Wall Street expects from Waterdrop A's earnings
markets.businessinsider.com - December 7 at 10:15 AM
Waterdrop GAAP EPS of $0.00, revenue of $94.09MWaterdrop GAAP EPS of $0.00, revenue of $94.09M
msn.com - December 7 at 10:15 AM
Waterdrop Inc. Announces Third Quarter 2023 Unaudited Financial ResultsWaterdrop Inc. Announces Third Quarter 2023 Unaudited Financial Results
finance.yahoo.com - December 7 at 10:15 AM
Waterdrop Inc. to Report Third Quarter 2023 Financial Results on December 7, 2023Waterdrop Inc. to Report Third Quarter 2023 Financial Results on December 7, 2023
finance.yahoo.com - November 22 at 8:49 AM
Waterdrop Offers 20% Veterans Day Military DiscountWaterdrop Offers 20% Veterans Day Military Discount
military.com - October 29 at 1:36 PM
Goldman Sachs Maintains Waterdrop Inc - ADR (WDH) Buy RecommendationGoldman Sachs Maintains Waterdrop Inc - ADR (WDH) Buy Recommendation
msn.com - September 9 at 3:17 AM
Waterdrop Inc. Announces Second Quarter 2023 Unaudited Financial ResultsWaterdrop Inc. Announces Second Quarter 2023 Unaudited Financial Results
finance.yahoo.com - September 7 at 8:39 AM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Company Descriptions

Brown & Brown logo

Brown & Brown

NYSE:BRO
Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment provides property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also provides public entity-related and specialty programs through a network of independent agents; and program management services for insurance carrier partners. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. Brown & Brown, Inc. was founded in 1939 and is headquartered in Daytona Beach, Florida.
Equitable logo

Equitable

NYSE:EQH
Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through six segments: Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions, Wealth Management, and Legacy. The Individual Retirement segment offers a suite of variable annuity products primarily to affluent and high net worth individuals. The Group Retirement segment provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. The Investment Management and Research segment offers diversified investment management, research, and related services to various clients through institutional. The Protection Solutions segment provides life insurance products, such as VUL insurance and IUL insurance, term life, and employee benefits business, such as dental, vision, life, as well as short- and long-term disability insurance products to small and medium-sized businesses. The Wealth Management segment offers discretionary and non-discretionary investment advisory accounts, financial planning and advice, life insurance, and annuity products. The Legacy segment consists of the capital intensive fixed-rate GMxB business that includes ROP death benefits. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. Equitable Holdings, Inc. was founded in 1859 and is based in New York, New York.
Hagerty logo

Hagerty

NYSE:HGTY
Hagerty, Inc. provides insurance agency services worldwide. It offers motor vehicle and boat insurance products; and reinsurance products. The company provides Hagerty Media, which publishes contents through the Hagerty Drivers Club Magazine (HDC), video content, and social media channels; HDC that offers subscription based products and services, including HDC Magazine, automotive enthusiast events, proprietary vehicle valuation tools, emergency roadside services, and special vehicle-related discounts. In addition, it offers HVT, a valuation tool used by the customer to access current and historic pricing data of collector vehicle models. Further, the company offers Hagerty Garage + Social, a platform that provides clubhouses and car storage facilities. Hagerty, Inc. is headquartered in Traverse City, Michigan.
Ryan Specialty logo

Ryan Specialty

NYSE:RYAN
Ryan Specialty Holdings, Inc. operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, Europe, and Singapore. It offers distribution, underwriting, product development, administration, and risk management services by acting as a wholesale broker and a managing underwriter. The company serves commercial, industrial, institutional, and government sectors. Ryan Specialty Holdings, Inc. was founded in 2010 and is headquartered in Chicago, Illinois.
Waterdrop logo

Waterdrop

NYSE:WDH
Waterdrop Inc., through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services. It also operates a medical crowdfunding platform. Waterdrop Inc. was founded in 2016 and is headquartered in Beijing, the People's Republic of China.