Party Secretary of China Insurance Industry Association: Applying blockchain and other technologies to the operation and business of insurance institutions

According to the Shanghai Securities News, the party secretary and president of the China Insurance Industry Association, Xing Wei, said at the 2019 China Bank Insurance Industry Summit on the 18th that based on the comprehensive application of digital technology, the participants in the insurance market can innovate risk management methods. Insurance service capabilities and service efficiency have improved. While relying on the Internet to conduct business, technologies such as big data, cloud computing, blockchain, and artificial intelligence are integrated into the operations and operations of insurance institutions. Through the comprehensive penetration of insurance business processes through technology, improve business efficiency, change product form, improve service and interaction, generate new business models, and build a new insurance ecosystem.