“The Achievement Display of the Third Party Monitoring Platform of SAIB” won the third prize of 2019 Selected Cases on the Information Management to Insurance Industry (2019-12-26)

On December 12, 2019, the China Banking and Insurance News announced the list of outstanding cases of China’s insurance industry informatization in 2019, and “The Achievement Display of the Third Party Monitoring Platform of SAIB” won the third prize. SAIB is the only prize-winning insurance broker.

This activity was sponsored by the China Banking and Insurance News. The selection criteria for outstanding cases include business philosophy, technological innovation,    independent property rights, project effectiveness, demonstration, and security.“The Achievement Display of the Third Party Monitoring Platform of SAIB” shows details of the third-party platform in terms of construction background, construction significance, key issues to solve, innovations, construction content, and operational effects. The Third Party Safety Monitoring Platform established by SAIB in 2016 is currently the largest third party transportation platform authorized by governments at home. It has achieved a significant reduction in vehicle accidents and casualties in various provinces and cities, and won the “Top Ten Cases of China’s Road Transport Informatization” at the 2018 China Internet of Vehicles Industry Exhibition.

At present, the insurance industry is ushering in a new round of technological revolution and industrial change. Insurance technology not only provides new development opportunities for insurance brokerage companies, but also places higher demands on their technological capabilities. While steadily developing traditional businesses, SAIB has been actively exploring new patterns to enhance risk management levels through new technology and to improve the company’s service quality. The third-party safety monitoring platform has not only become a competent helper of the transportation management department and a safety guard of transportation enterprises, but also provided an opportunity for the insurance industry to participate in the risk management of the transportation industry. In the future, SAIB will continue to explore the frontier areas of insurance technology, and to provide better and more advanced risk management and solutions for various industries though intelligent, scenario-based, and data-based services.