Auto insurance will become the hub of automotive after-market

By the China Building Glass and Industrial Glass Association Auto Glass Professional Committee, "China Insurance News," hosted the "2010 China First Automobile Insurance Seminar" held in Beijing recently. Car insurance seminar, the first "car insurance how to participate in after-market automotive industry chain to run" as the theme for the industry, common development and achieve win-win situation to provide a discussion and


Related stock movements

China Construction 3.44-0.10-2.82% communication platform.

The seminar was organized by the China Insurance Co., Ltd. President REHABILITATIVE TISSUE presided over the press invited to the domestic insurance industry leaders and experts, as well as domestic and foreign auto parts with industry experts and business executives to be exchange, through domestic and international experts to exchange the outcome of the discussion will my car insurance and automotive after-market-related business development, bring more inspiration and help. Dean of the Central University of Finance and Insurance Su Hao speech that car insurance is not only to participate in the automotive aftermarket industry chain operation, but also to contrast the depth of integration, the hub of the automotive after-market, this view has also been widely recognized by the guests.

Automobile insurance industry, can not be separated with the automotive service-related industries, which is the modern one of the main characteristics of auto insurance claims, in particular, derivatives services has become the primary means of competition. Done better in this regard was undoubtedly the United States. Such as the U.S. insurance companies and banks, telecommunications, hospitals, police stations, repair workshop, glass shop, rescue companies, first aid centers and other external agencies is widespread. Since the early 90s of last century, the United States specifically for the emergence of a salvage vehicle insurance company deal with the company. The existence of a large number of professional organizations not only improve the overall level of the insurance industry, but also promotes the improvement of quality insurance and insurance services costs.

Car insurance as a domestic property and casualty insurance market, China's largest insurance, property insurance business is the backbone of China's insurance. According to CIRC statistics, January to July this year, property insurance premium income of 233.7 billion yuan, according to China's auto insurance business property insurance business accounted for the proportion of 60-70% to count, size of vehicle insurance premiums has reached 140 billion to 160 billion yuan. However, the current insurance market in China with high fees, high costs, low utilization of state funds, the auto insurance business there have been industry-wide loss of a critical situation.

The high cost of vehicle maintenance is the high cost of auto insurance business is an important reason. According to sample survey, the total amount of vehicle maintenance, vehicle maintenance about 40% of accidents, of which about 70% of the vehicles from insurance companies pay, which means that each year the insurance company paid 30% of the vehicle maintenance costs. Effectively change the current mode of the auto insurance claims service, squeezing water claims, reduce claims costs of services, has changed the situation of China's major auto insurance operating loss of one of the topics.