Ye Wangchun, Chairman and CEO of Financial Accounts: Technology such as blockchain has entered the core business process of insurance

According to the Securities Daily News, on October 16, the China Insurance Regulatory Commission notified a "inside and outside collusion case." In response to the phenomenon of fraudulent insurance and frequent fraud in the development of the insurance industry, Ye Wangchun, chairman and CEO of Financial Accounts, said: "The rapid development of insurance technology provides a breakthrough and new opportunities for the insurance industry. Cloud computing, large Data, Internet of Things, artificial intelligence and blockchain technology have entered the core business processes of insurance, covering product design, pre-sales underwriting, claims, after-sales service, sales risk control and other aspects, and achieved certain results."