Recently, it was learned from the Shanghai Insurance Exchange that the new energy vehicle insurance trading platform was officially launched, and the first batch of new energy vehicle exclusive insurance products of 12 property insurance companies such as PICC Property & Casualty, Ping An Property & Casualty, and CPIC Property & Casualty were listed. It is reported that as of the third quarter of 2021, the number of new energy vehicles in the country has reached 6.78 million.
The new energy auto insurance trading platform is positioned as a comprehensive transaction service platform for exclusive products and services of new energy auto insurance, which can provide one-stop comprehensive services such as online insurance, policy inquiry, order inquiry and so on for new energy auto insurance consumers, and will continue to open functions such as approval inquiry, claim progress inquiry, and electronic policy download in the future to continuously improve the online consumer experience.
In addition, the trading platform also integrates a variety of insurance channels, including exclusive WeChat public account, Alipay life number (name: new energy vehicle insurance).
It is understood that the trading platform has three main advantages.
First, the trading platform supports the listing of various types of new energy vehicle insurance exclusive products and the combination of new energy vehicle traffic insurance and commercial automobile insurance, consumers can easily reach the exclusive products of new energy vehicle insurance of many insurance companies online, and choose satisfactory products and services according to personal needs, fully meet the insurance needs of different customers at different levels, reduce information asymmetry, and effectively protect consumer rights and interests.
Second, the trading platform integrates a variety of insurance channels to enhance the convenience and sense of acquisition of consumer insurance, and effectively improve the coverage and social attention of exclusive products of new energy vehicle insurance.
Third, as an industry infrastructure and comprehensive service platform directly managed by the China Banking and Insurance Regulatory Commission, the Shanghai Insurance Exchange has neutrality and credibility, and the trading platform is built in accordance with the national and other three-level standards, strictly implementing the requirements of national laws and regulations on protecting personal information and privacy security, and ensuring smooth transactions and data security.
In the industry's view, this is another major innovation in the insurance industry in the new energy vehicle insurance service model after the "Exclusive Clauses for Commercial Insurance of New Energy Vehicles (Trial)" and the "Benchmark Pure Risk Premium Table of New Energy Vehicle Commercial Insurance (Trial)", which is a useful practice and exploration of the reform of the auto insurance trading market model.
What are the car insurance policies?
Judging from the "Exclusive Terms" that have been announced, new energy vehicle insurance includes three main insurances and 13 additional insurances of new energy vehicle loss insurance, new energy vehicle third-party liability insurance, and new energy vehicle vehicle personnel liability insurance, which basically takes into account the common risks of new energy vehicles.
In terms of price, according to the "Explanation on the Adjustment of the Pure Risk Premium Table of the Benchmark Pure Risk Premium Table for Exclusive Products of New Energy Vehicle Commercial Insurance" previously issued by the China Association of Actuaries, compared with the current benchmark premium of traditional car insurance, the benchmark premium of the three insurance and the vehicle damage insurance of new energy vehicles has dropped by about 0.8% as a whole. Among them, the benchmark premium of the three insurances decreased by 0.1% compared with the current one, and the benchmark premium of the automobile damage insurance fell by 1.2% compared with the current one. New energy vehicles with a car price of less than 250,000 yuan are insured with car damage insurance, and the premium will not rise.
According to the Shanghai Insurance Exchange, the new energy auto insurance trading platform has issued a standard interface and completed the docking of 12 first institutions such as Chinese Insurance, Sunshine Property & Casualty, China Insurance, Chinese Life, Dadi Insurance, Ping An Property & Casualty, CPIC Property & Casualty, Taiping Property & Casualty, Tianan Property & Casualty, Zhongcheng Insurance, Asia-Pacific Property & Casualty, Samsung Property & Casualty, etc., which is expected to cover more than 90% of the market share.
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