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China United Property & Casualty Insurance focuses on innovative development of agricultural insurance

China United Property & Casualty Insurance focuses on innovative development of agricultural insurance


With the progress of society, the development of various industries such as agriculture, commerce, and service industries has made a qualitative leap. In the field of agriculture, not only is it supported by advanced technology, but it is also guaranteed by reasonable and innovative insurance. China Property & Casualty Insurance has always adapted to the development trend of the times, focusing on the innovative development and digital transformation of agricultural insurance.

Just last year, China Property & Casualty Insurance signed a tripartite strategy with China National Space Administration Earth Observation and Data Center (referred to as “Gaofen Center”) and Aerospace Xinde Zhitu (Beijing) Technology Co., Ltd. (referred to as “Aerospace Xinde”) in China Insurance Building cooperation agreement.

At the signing ceremony, the participating leaders centered on the application of national high-scoring remote sensing satellite data in agricultural risk management and agricultural insurance, expanding the depth and breadth of technical cooperation, using aerospace remote sensing technology as a means to strengthen the management of agricultural insurance underwriting and settlement, and promoting the high-quality development of agricultural insurance In-depth exchanges were conducted.

The Gaofen Center is a public institution directly under the National Space Administration. It is responsible for the implementation, organization and management of major scientific and technological projects of the national high-resolution earth observation system. With rich high-resolution remote sensing data, it can carry out precise underwriting and cross-validation of agricultural insurance for the company , Rapid claims settlement provides authoritative and low-cost remote sensing data services.

Aerospace Xinde is a national high-tech enterprise and Zhongguancun high-tech enterprise. It has the core technology of remote sensing evaluation of agricultural insurance and can provide mature remote sensing evaluation models, key technologies and methodological support for the company’s agricultural insurance.

As a modern technology, satellite remote sensing can effectively improve the scientific and precise level of agricultural insurance underwriting and claims settlement. Through the signing of this cooperation agreement, the three parties will give full play to their respective advantages based on the principle of long-term cooperation and mutual benefit. In fact, China Property & Casualty Insurance has always put technological innovation and application in the most important position, gradually solving the relevant problems in the field of agricultural insurance, ensuring the safety of the agricultural industry, and helping the high-quality development of agricultural insurance.

Keeping integrity and innovation is an inexhaustible driving force for social development and an effective driving force for agricultural development. In the future, China Property & Casualty Insurance will continue to focus on the innovative development of agricultural insurance to effectively help farmers.



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