The development status and future trends of the insurance industry:
1. More and more medium-sized enterprises will enter the market and continue to compete, insurance companies will upgrade themselves in terms of products and services, and more and more insurance companies. In the later stage of development, the competition is getting more and more intense, and the products are becoming more and more cost-effective and specialized.
2. Separation of production and marketing. The professionalism and professionalism of the current insurance practitioners, has not been able to meet the growing insurance needs of the majority of customers. 10 years, the insurance industry will be a large number of high-quality personnel, the state will also have a supporting professional qualification certification system.
3, insurance companies will improve their investment capacity, the pursuit of differentiated development, to build their own ecology. Taikang Insurance Taiping Insurance has begun to do the retirement community, the people who can afford to pay the same level of premiums in the future to solve the problem of old age. People with the same income level will all live together in the future. I believe more insurance companies will follow.
4, wearable devices, Internet of Things (IoT) technology, to provide a more accurate model and data base for the risk assessment of the insurance subject. Now there is a company, daily walking steps to reach the standard, the second year premium discount. The healthier the customer, the later the claim, the insurance company will have a longer time to invest in premiums, and the customer will get more dividends from the final claim or surrender.
5. Big data also provides the risk pricing basis for customized, personalized and fragmented products, which are richer and more accurately positioned.
6, As society develops, our lifestyles are changing, so people worry about risks that may be unexpected. For example, in recent years, the popularity of *** enjoyment of bicycles, there is a corresponding dedicated bicycle *** enjoyment insurance, as well as virtual property insurance.
Customers' choices will grow, after all, in the age of the Internet, everything can be Baidu. Professionalization of insurance agents is the way to go, i.e. building a personal brand. Those who are unreliable and only care about performance, not the interests of customers will gradually be eliminated.