China has turned its focus to the country’s insurance technology platforms as the nation’s banking and insurance watchdog continues its regulatory crackdown on businesses in a variety of vertical markets, to the dismay of investors around the world. The latest order instructs insurance companies and local agencies to stop improper marketing and pricing practices and increase user privacy protection, according to a Bloomberg News report. Companies are urged to address these issues voluntarily or face “severe punishment.” Online insurance had been expected to grow into a 2.5 trillion yuan ($385 billion) industry within the next 10 years, according to Bloomberg….