Chinese insurance companies have launched many innovative insurances through online platforms, which are based on supporting actions to pay premiums and provide more convenient payment channels. At the same time, due to the implementation of the "Mobile phone real-name registration system" and the application of face recognition technology, online insurance is solved. Remote authentication problem. How to be under clear regulations without stifling insurance innovation, these practices and reflections are worthy of taiwan's reference.
Singapore, which is close to taiwan, is led by the government, which encourages financial innovation through the supervision sandbox. For example, policypal manages, integrates and simplifies personal insurance policies with a mobile app. With the core technology company logo design of facial recognition, it can speed up the confirmation of the identity of the insured, and can automatically collect various activity information of the insured, and use artificial intelligence to calculate reasonable premiums for reference. ,
and can even advertise "Today's auto insurance discount" on the internet to attract people to apply for insurance34 ; another example is directasia , which applies online insurance to directly provide customers with insurance products, and can freely adjust the premium and scope.