Scattered triggered vicious competition, insurance risk brigade responsible for security integration to start next month

Shanghai travel agency liability insurance is about to implement Security Commission. A few days ago, the city tourism committee and the city of Bao Jianju jointly issued the "Shanghai on travel insurance liability insurance Unification," which will be held in December this year, the full implementation of the brigade responsible for security system integration risk. Insurance companies, as well as insurance program bidding on the work launched in November, will be selected 1-2 as the insurance capital of EC insurance.

Insurance scattered off vicious competition

Whether the brigade responsible for risk insurance and travel agents linked to the annual inspection, the current Shanghai trip travel agency responsible for insuring the risk rate of 100%. But in reality, insurance, travel agents in order to reduce the cost of lower premiums, while some insurance companies are willing to pursue to reduce the size of the premium, the disorderly competition very serious.

It is reported that travel agencies in accordance with the provisions of the liability insurance rates format provides that the 2,000,000 yuan security corresponding to the amount of premiums for 8,000 yuan. According to informed sources, after some travel agencies and insurance companies to keep the prices down so that the price now that the insured amount of premium has been reduced to 2800 yuan. Low-cost competition in the insurance companies as much as possible is a direct consequence of harsh claims standards, exclusions or less to lose control of the rate of payment.

Shanghai Tourism Bureau Director Su Guang, market management to build that in 2007 Shanghai travel insurance by travel agents responsible for the distribution of risk in more than 10 insurance companies, premiums amounted to 5,900,000 yuan. However, the insurance salesman's cut-throat competition between the brigade responsible for the folded insurance premiums appear to increase the break, leading to their direct consequence of the travel agents responsible for the accident claims are often unable to get full compensation, so that Damage to both travel agents and tourist interests. At present, the Shanghai market risk brigade responsible for the simple rate of 63.7 percent paid on most of the insurance companies, the payment rate is very high.

EC claims to crack security system problems

Travel insurance relates to the tourists and the protection of personal injury compensation, once because of travel agents can not be passed on in the face of high risk and when bankruptcy claims, such as escape, could have serious social consequences.

The Security Commission as a deputy head of the project, the director of the Shanghai Municipal Tourism Committee, said Shu-Ming Road, Shanghai consecutive 3-year travel insurance holding forums at all levels attach great importance to tourism development risk, although the brigade responsible for the implementation of the all-risk coverage, But it also exposed some problems, mainly in lower insurance premiums increasing, can not guarantee reasonable compensation, not enough competition in the market norms, to be raising the level of services.

PICC Property Insurance Shanghai branch credit insurance liability, general manager of Ng said that because of disorderly competition, many insurance companies have been responsible for the dangerous trip as a non-insurance benefits, but companies claim the standard and effectiveness of different, making the industry very Hardly a unified standard travel insurance services. EC brigade responsible for security insurance system, once started, will be conducive to the further implementation of the provisions of the brigade responsible for insurance, the implementation of the insured amount and rate matching and follow-up to optimize the service claims.

Before the People's Insurance Insurance has been in Chengdu, Zhejiang and other places responsibility for the promotion of travel security system integration, that is, by the People's Insurance Insurance for all local travel agencies to undertake the responsibility of insurance claims unity, unified service.

As a brigade responsible for security integration of risk measures, travel agencies super-major disasters compensation liability insurance mechanisms are in the pipeline. Shanghai Municipal Tourism Committee said, according to the system envisaged in the initial stage of construction, when travel agencies as a whole is greater than the amount of compensation brigade responsible for the maximum amount of compensation insurance, the insurance company can provide a super-compensation liability insurance, effective in the expansion of insurance coverage at the same time, and enhance The tourism industry of anti-risk ability of insurance as a hedge reflected in the full tool.

Companies mixed

It is learned that the brigade responsible for security integration risk of the tendering exercise to identify the main 6: What are the insurance companies have qualified to bid, the travel agency's liability insurance premium calculation standard, travel agencies reporting revenues and the number of days tourists who request insurance rates The main basis for individual compensation limit physical and the total amount of insurance, insurance services and so on.

Although some of the very broad indicators, but in fact this is not a market for insurance companies each have opened their doors. At present, the city's tourism operators risk of insurance companies, 28, from last year's premium income, the People's Insurance, Pacific Insurance and Ping An insurance companies in the city of more than 80% of travel insurance.

Ng, PICC Property Insurance sales agents of liability insurance products, has been extended through travel agents in the form of non-fault, high-risk, as well as tourism projects, such as emergency rescue, adding liability insurance coverage. At the same time, the new brigade will be responsible for insurance agencies to implement in advance, in the matter and after a comprehensive risk management and settlement of claims in the process of simplifying procedures. Pacific (601,099, it shares) insurance Shanghai Office said that the company attaches great importance to the brigade responsible for the insurance tender, meaning people from the Ministry of risk involved in the special preliminary preparation works.

And liability insurance business has always known the United States and Asia's insurance branch in Shanghai do not have liability insurance for travel agents, tour will not be responsible for the risk involved in the tender. According to informed sources, a joint venture insurance companies in more "Jiao Zhen," as Chinese-funded companies and good connections "on the premium." And frankly some of the small and medium-sized insurance companies, the company itself did not travel as a key risk, in many ways is more difficult for large companies and competition, with the Government, after all, this is the color of the bidding.