Traditional Culture Encyclopedia - Traditional virtues - Auto OEM insurance needs

Auto OEM insurance needs

First of all, auto insurance is still the most important application scenario, occupying nearly half of the income of evaluation driving technology. Taking the three-way cooperation between Evaluation Driving Technology, Chang'an Automobile and National Life Insurance as an example, National Life Insurance provides insurance products for specific models of Chang'an, and based on Evaluation Driving Technology's driving behavior scores, car owners with good driving behavior can enjoy preferential treatment when renewing their insurance policies. In this way, Changan is able to provide more personalized services to car owners.

In order to be compliant with auto insurance sales, Assessment Driving Technology acquired an insurance brokerage company, Shanghai Xinhe Insurance Brokerage Co Ltd, in 2017 to land insurance-related business. In addition to commission income, Assessment Driving Technology's car insurance business also provides services such as data analysis of car owner behavior and model building, charging technical service fees and also has the opportunity to share profits with insurance companies.

In the insurance scenario, in the PICC-led Telematics Data Insurance Application Project, Evaluating Technology and PICC*** acted as the standard team leader, which helps promote the cooperation between Evaluating Technology and insurance companies, and has already reached cooperation with more than a dozen insurance companies such as PICC Property and Casualty, Ping'an Property and Casualty, Pacific Property and Casualty, and Guoshou Property and Casualty, among others. The focus of the auto insurance business is on the acquisition of car owners, including cooperation with OEMs.

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