Huize technology welcomes the digital value of data intelligence 3.0 in insurance field

category:Internet
 Huize technology welcomes the digital value of data intelligence 3.0 in insurance field


In 2006, Huize began to operate online insurance business, and the phase of Huize 1.0 was officially launched. In order to ensure that insurance products can be sold online on the Internet of non insurance companies in compliance with the whole process, Huixuan has used nearly five years to get through the data connection with short-term insurance companies. Now it seems to be a very simple interface for travel insurance, but at that time it took nine months for us and Asia to realize the docking. In the follow-up, huiselect has successively realized the product docking with nearly 100 insurance companies, providing users with one-stop insurance service entrance. When selecting short-term insurance products on huiselect platform, users can compare prices of multiple products, conduct real-time and fast transactions, and enjoy a series of additional value-added insurance services. Based on this, huiselect has the opportunity to gain a foothold in the market.

About six years ago, Huize realized that the short-term insurance can no longer meet the needs of online users. Huize hoped to enter the product field of the largest market scale and the strongest user demand of long-term insurance. At that time, people in the industry thought that it was impossible for us to successfully sell a long-term insurance policy online, Ma Cunjun said. However, based on the judgment of online development of the industry, online change of user behavior and in-depth application trend of intelligent technology, we still decide to develop and operate long-term insurance products in-depth online.

Since 2015, Huixuan has entered the stage of 2.0. First, confirm the business model and online risk control system of long-term life insurance sales; second, make use of the accumulated big data advantages to customize exclusive products; third, mobilize the bilateral market to cycle the platform. Data shows that in 2018, the premium of life insurance products jointly designed and developed by Huixuan and insurance partners reached rmb113.9 million, accounting for 24.5% of the premium of the first year of life insurance products in the same period. Huixuan has become the largest independent online long-term life insurance and health insurance product and service platform in China, according to Aowei industry report.

Huixuan technology welcomes data intelligence stage 3.0

Huize believes that to promote the healthy development of artificial intelligence, we need to constantly promote the progress of the core technology of artificial intelligence, as well as the development and practice of various applications of artificial intelligence. This will be a long-lasting process, which requires cooperation between academia and industry. In 2020, Huize and Xicai big data research center jointly set up a joint laboratory. The first project will be anchored in the construction of Huize insurance big data knowledge map.

We know that the goal of solving the problem is to accurately lock in the main content, let the relevant personnel accept their suggestions, and push them to take measures based on the recognition. Otherwise, no matter how excellent the analysis method is, it will not achieve this goal. As an important part of artificial intelligence technology, knowledge map solves the problem of insurance cognition.

Ma Cunjun said that after Huixuan entered the 3.0 stage, the continuous introduction plan of high-end financial and technological talents was further upgraded at the strategic level of the company. I always firmly believe that the abundance of an enterprise is the abundance of talents, the vast space of an industry is the extension of scientific research and development, and the financial scientific and technological talents are the biggest imagination in the era of Huixuan 3.0.

Relevant information:

New infrastructure is an important deployment of national strategy. The just concluded two sessions once again proposed in the government work report that we should strengthen the construction of new infrastructure and develop a new generation of information network. According to the definition given by the national development and Reform Commission and other relevant departments, the new infrastructure mainly includes three aspects: first, information infrastructure, including 5g network, big data, artificial intelligence, Internet of things, cloud computing, blockchain, etc., covering communication, algorithm, computing power and other aspects; The second is the integration of infrastructure, which is the application of the above technologies to enable and enhance the efficiency of traditional infrastructure, transform and upgrade to form intelligent transportation, intelligent energy, etc.; the third is the innovation of infrastructure, such as large scientific devices and large test platforms supporting major scientific research and technological development.

Through 14 years of intensive research in Internet insurance, Huize has created an Internet insurance ecosystem with its core online closed-loop platform as the center and technology and data intelligence as the driving force for product sales and customer service. On the one hand, we can meet the diversified needs of customers by cooperating with insurance companies products; on the other hand, we can optimize the products by feeding back the market and customers needs. Such a business model can connect insurance customers and insurance partners. In 2018, Huize set up Chengdu Science and technology company, technology research and development center and insurance science and Technology Research Institute in Chengdu to recruit Chengdus high-tech talents. At the same time, Huize cooperated with insurance big data Research Institute of Southwest University of Finance and economics to jointly set up insurance big data joint laboratory, and jointly explored the way for insurance big data research and development to rise to a new level and break through the situation with the joint efforts of industry, University and Research Institute. Ma Cunjun said: as the main technology R & D team of Huize, Huize Chengdu Technology Co., Ltd. will continue to increase the R & D and application of financial technology based on Chengdus excellent financial technology foundation and policy promotion in the future, making many breakthroughs in big data, artificial intelligence and other high-tech fields, and applying it to the insurance industry. Source: editor in charge of mass news: Chen Tiqiang_ NB6485

Through 14 years of intensive research in Internet insurance, Huize has created an Internet insurance ecosystem with its core online closed-loop platform as the center and technology and data intelligence as the driving force for product sales and customer service. On the one hand, we can meet the diversified needs of customers by cooperating with insurance companies products; on the other hand, we can optimize the products by feeding back the market and customers needs. Such a business model can connect insurance customers and insurance partners.

In 2018, Huize set up Chengdu Science and technology company, technology research and development center and insurance science and Technology Research Institute in Chengdu to recruit Chengdus high-tech talents. At the same time, Huize cooperated with insurance big data Research Institute of Southwest University of Finance and economics to jointly set up insurance big data joint laboratory, and jointly explored the way for insurance big data research and development to rise to a new level and break through the situation with the joint efforts of industry, University and Research Institute.

Ma Cunjun said: as the main technology R & D team of Huize, Huize Chengdu Technology Co., Ltd. will continue to increase the R & D and application of financial technology based on Chengdus excellent financial technology foundation and policy promotion in the future, making many breakthroughs in big data, artificial intelligence and other high-tech fields, and applying it to the insurance industry.