Shanghai Asian Insurance Brokers Co., Ltd. Successfully Completes Insurance Services for the 2026 F1 Chinese Grand Prix（2026-03-18）
On March 15, the 2026 F1 Chinese Grand Prix concluded amid the thrilling clash of speed and passion. Over the three-day event, the race attracted 230,000 spectators on site, as the world’s top drivers competed fiercely, igniting a new wave of excitement both on and off the track. Shanghai Asian Insurance Brokers Co., Ltd. (hereinafter “SAIB”) has provided risk management and insurance brokerage services for the F1 Chinese Grand Prix for more than a decade. Drawing on its extensive experience in managing risks for major international sporting events and its global resources, SAIB once again developed a dedicated insurance and reinsurance program for the 2026 race, delivered comprehensive risk management services, and deployed a professional team on-site throughout the event. With efficient and professional service, SAIB established a solid risk protection framework to ensure the smooth running of the race and served as a reliable risk management partner behind the event.
In accordance with the requirements of the Fédération Internationale de l’Automobile (FIA) and considering the event’s large-scale audience and highly concentrated personnel, SAIB designed an integrated insurance protection program tailored specifically for the race, with the total insured amount reaching a new high. In addition to arranging high-limit comprehensive liability insurance for the core event, SAIB leveraged its overseas channels to coordinate the corresponding reinsurance arrangements. Insurance coverage was also arranged for supporting events such as the F1 Academy races, along with personal accident protection for event staff. Through high-limit, multi-dimensional customised risk management solutions, SAIB ensured comprehensive coverage of all event-related risks.
During the three-day event, SAIB deployed an on-site service team composed of sports event risk management specialists and professional insurance service personnel. The team remained stationed at the venue throughout the race, adhering to professional and efficient service standards. They conducted round-the-clock dynamic risk monitoring and provided full-process risk prevention advice and emergency response support, ensuring the smooth and safe operation of the event.
From pre-event risk assessment, insurance program design, and reinsurance placement to on-site support and dynamic protection during the race, SAIB consistently delivered high-standard and high-quality services to safeguard this premier international sporting event. Looking ahead, SAIB will continue to optimise its service solutions and innovate service models, providing more professional and high-quality insurance brokerage and risk management services for major sports events both in China and abroad, and contributing to the high-quality development of Shanghai’s sports industry through its professional expertise.