Ping An Life Ding Dang: The ecosystem is the golden key to unlocking the future of life insurance

Ding Dang, chairman of Ping An Life, pointed out at the China Life Insurance Industry Transformation and Development Summit held on September 15 that the ecosystem is the golden key to open the future of life insurance, and today's achievements in the construction of the life insurance ecosystem are only a new starting point for a greater future, breakthroughs and innovations in science and technology, the transformation and upgrading of the real economy, the people's increasing yearning for a better life, and the continuous expansion of the space for insurance to play a proactive role. Therefore, the life insurance industry and the entire insurance industry should take the perspective of basing itself on the industry but beyond the industry, take the national strategy and the needs of the people as the fundamental starting point, give full play to the power of science and technology empowerment, build an ecosystem of innovation, openness, sharing and win-win results, continuously extend and expand the risk management function, and ultimately create a happier life for customers and increase the well-being of the whole society, which is the true meaning of the construction of the life insurance ecosystem.

Regarding how to build an ecosystem, Ding Dang put forward three major suggestions: First, adhere to the customer-centric, adhere to the creation of customer value. Second, embrace non-zero-sum thinking to expand industry boundaries. Third, strengthen scientific and technological empowerment and explore the future ecology.

Finally, Ding Dang called for the construction of the ecosystem in the next 40 years to become a golden key for China's life insurance industry to lead the global development, and everyone should join hands to jointly promote the construction of the life insurance ecosystem and make greater contributions to the country and the people.