The homogenization of products in China's auto insurance market is serious, the terms of the tariffs are extensive, and the problems of car insurance claims are frequently encountered. In order to solve this problem, standardize and purify the auto insurance market, and maintain the rights and interests of the owners. Following the internal consultation in December last year, the China Insurance Regulatory Commission issued a notice on the further development of the reform of the commercial auto insurance clause rate management system. Opinion draft) (hereinafter referred to as "Guidance Opinion"), in this draft, the China Insurance Regulatory Commission has revised the auto insurance marketization reform steps. Truss Screed,9M Concrete Truss Screed,6M Concrete Truss Screed Machine,9M Concrete Truss Screed Machine Shandong Storike Engineering Machinery Co., Ltd. , http://www.storikemachinery.com
Although the auto insurance rate reform timetable has not been clearly listed at present, some insiders have indicated that it is highly probable that the auto insurance fee will be changed from the end of this year to the beginning of next year.
Auto insurance fees are imminent. As early as 2001, the China Insurance Regulatory Commission had liberalized auto insurance rates in Guangdong, but returned to reunification after a few years. In the past ten years, although the insurance premium income of the entire auto insurance industry has grown rapidly, the operating status of insurance companies is not optimistic. Some people in the Internet of Internet Industry Fund said that in 2013, there were 46 losses in 49 insurance companies operating in the country, while the other three relatively large companies were not profitable. The auto insurance industry is entering a downward channel.
The auto insurance crisis is not just a simple profit problem. The single auto insurance product in China restricts the vitality and creativity of insurance companies. In the existing auto insurance market, product homogeneity is serious, and the types of product underwriting risks are small and the scope is small, resulting in owners. Many of the insurance needs cannot be met. At the same time, the auto insurance rate clause is extensive, the vehicle division is too general, and the owners of different risk levels charge premiums at a flat rate, which limits the development of the auto insurance industry to a certain extent.
Commercial auto insurance reform must adhere to the market-oriented direction, hand over the right to formulate commercial auto insurance clause rates to insurance companies, and hand over the choice of commercial auto insurance products and services to the market.
A set of three-tier rates to avoid price wars Since 2006, commercial auto insurance terms and rates have been implemented in the industry unified system. At present, the main insurance companies in the domestic market use auto insurance clauses are mainly ABC three sets of auto insurance clauses, that is, PICC The terms of the three companies, Ping An and Tai Bao, and the Ansheng Tianping Insurance Company (formerly Tianping Automobile Insurance Company) are separate sets of auto insurance clauses. Although there are three sets of ABC standards available, the essential difference is not large.
According to the "Guidance Opinion", the commercial auto insurance rate will be divided into three levels, which are composed of the benchmark pure risk premium, the benchmark additional fee and the rate adjustment factor. The current ABC clause will be withdrawn from the historical stage. A person in charge of a car insurance company said that the commercial auto insurance rate can be imagined as a three-layered cake, each layer containing different raw materials, and the proportion is different.
In the future, a new model will be formed, with innovative clauses as a supplement, and new commercial auto insurance clauses, pre-trial and approval systems will be established. Based on the law of large numbers, market-oriented, and granting and gradually expanding the commercial auto insurance rate of property insurance companies to determine autonomy.
Some insiders believe that this round of auto insurance fees will change the rate and the compatibility of the terms, so that the market players have more choices. Different from the complete liberalization of auto insurance rates in 2003, the regulator hopes to avoid repeating the price war.
Pricing with “car†is difficult. The biggest difficulty in auto insurance rate reform is the lack of vehicle standards and insufficient data accumulation. There are many models in the Chinese market, and the price and maintenance cost of each model are different. There is no unified model for insurance and payment data. It is difficult for independent companies to master these data.
The biggest breakthrough in the commercial auto insurance reform is the pricing of “carsâ€. In terms of auto benchmark premium premium pricing, in the future, China's auto insurance industry will implement an internationally popular model pricing model, changing the existing pricing model based on factors such as new car purchase price, age and number of seats, and realize differentiated pricing of models. .
Chen Wenhui, vice chairman of the China Insurance Regulatory Commission, revealed that the China Insurance Association is embarking on the construction of the “model name standard databaseâ€, unifying the model name at the whole industry level, studying the risk level of the model, and providing technical conditions for pricing the model.
Insurers should respond to the reform and reform of auto insurance rates and market-oriented reforms to push auto insurance to self-employment and self-financing. Insurance companies urgently need to transition the incentive mechanism of “the hero of premium theory†to the increase in premiums and profits. Paying attention to it, changing the simple and extensive management mode, strengthening the concept of profit and profit assessment, comprehensive consideration of factors such as the structure of insurance, policy costs, and quality of underwriting.
In the marketing model, insurance companies should actively innovate and break the situation that the intermediary monopolizes customer resources. Insurance companies should fully understand the trend of automobile sales and customer spending habits, develop online sales, reduce intermediate links, and reduce the rate directly to benefit consumers.
At the same time, it is necessary to establish a database, collect and accumulate statistical data of the company and the industry, and draw on the statistical data of public security, traffic management and other social risk management functions, as a reference for determining the rate. Fully incorporate the factors such as the model, the actual situation of the owner, the usage of the vehicle, the market supply and demand, and the company's own situation into the database, so that the rate matches the risk, thereby segmenting the market and refining the risk.
In addition, it is necessary to integrate the strength of the whole industry and improve the infrastructure. Through collecting, statistic and analyzing the business data of commercial auto insurance in the whole industry, measuring the reference pure loss rate of the commercial auto insurance industry, establishing a data monitoring mechanism, timely discovering and coping with various new situations and new problems that may arise; and promoting the construction of auto insurance information platform, Establish a database of auto insurance industry, strengthen information exchange with the public security traffic control department, and share information inside and outside the industry; further improve the industry claims service by establishing a subrogation mechanism.