Fubon Property and Casualty Insurance Company Limited

Fubang Property Insurance Co., Ltd

Fubang Property Insurance Co., Ltd. (hereinafter referred to as Fubang property insurance) is the first Taiwan funded insurance company to enter the mainland and obtain business license after the Cross Strait Economic Cooperation Framework Agreement (ECFA) came into effect. It is also the first property insurance company headquarters in Xiamen. Fubon Property Insurance Co., Ltd. was established in October 2010 with a joint investment of RMB 400 million by Taiwan Fubon products insurance company and Fubon Life Insurance Company.

Company profile

Fubon property insurance adheres to the business philosophy of Fubon property insurance, the parent company. With the goal of "Asia's best property insurance company, local friendly service", Fubon property insurance strives to bring Taiwan's parent company's professional and innovative advantages into the mainland market, hoping to drive property insurance companies into a new era of insurance services.

Service Items

Fubang property insurance mainly provides various services of property insurance, including: motor vehicle insurance, accident insurance, short-term health insurance, enterprise property insurance, family property insurance, cargo insurance, ship insurance, engineering insurance, liability insurance, credit and guarantee insurance And other insurance products approved by CIRC.

influence

Fubon property insurance, the parent company of Fubon property insurance, has been ranked first in Taiwan's property insurance market for 28 consecutive years. It has been awarded "Asia's best property insurance company" twice by Asia Insurance Industry Awards, as well as "best risk manager Award" and "Best Innovation Award". Its service network starts from Taiwan and spreads all over Asia.
Under the service tenet of "sincere service, worthy of entrustment", Fubon Property Insurance Co., Ltd. is able to provide customers with local and friendly insurance services. With the best company system and the most advantageous Commodity services, Fubon's brand and reputation will become the best insurance choice and the most reliable risk planning expert in the hearts of consumers. in order to practice the concept of local service and feedback, Fubang property insurance will continue to move towards the goal of the best corporate citizen and become a generator of social welfare.

Premium over the years

The premium income of Fubang property insurance company over the years is as follows: ranking of premium income of insurance companies in 2012:

Development focus

Fubang property insurance takes Xiamen as the starting point and Haixi Economic Zone as the development center. It hopes to have a broad view of the national market, make a balanced layout, strive to provide more complete financial and insurance services for customers across the country, and continue to play a pioneer role in the field of cross-strait financial cooperation. The overall layout of Fubang P & C in Fujian Province has been gradually improved, Chongqing Branch has been approved to open, and branches in Dalian and other places are in the process of opening. The strategic layout of Fubang P & C "looking to the mainland" is just around the corner.

Marketing initiatives

Fubon property insurance, combined with Fubon Financial Holding's three financial platforms across the Taiwan Strait, has introduced Taiwan's diversified insurance sales mode and successful experience to the mainland, including strategic alliances among major banks, deep cultivation of the West Coast market through diversified marketing channels, and active development of strategic partners to carry out business and marketing alliances. At the same time, Fubang property insurance also actively strives for the innovation experiment of insurance reform, introduces the experience of underwriting and claim settlement services of Taiwan property insurance industry, promotes the exchange and healthy development of cross-strait insurance industry, and provides complete insurance services to customers.

Automobile insurance innovation

Adhering to the service concept of "caring for customers with empathy", Fubon property insurance company continuously improves the service quality, provides the services most needed by the insured, and helps the insured to solve the inconvenience to the greatest extent. In the part of auto insurance services, innovative services have been launched one after another, including "auto insurance one click report app - rapid and accurate positioning", "GPS positioning and scheduling of auto insurance claim settlement personnel", "full assistance of special person in claim settlement cases", "zero document claim settlement of less than 10000 yuan", "free road rescue", "no advance claim settlement of the insured", "free legal and medical consultation" and "claim materials" "Material collection" and so on.

Loss prevention technology

Fubon property insurance company has introduced damage prevention service from its Taiwan parent company. It has introduced the concept of disaster prevention and loss prevention into the design stage of the new plant from building consultancy service to customers. It has provided professional education and training to help enterprises strengthen risk prevention infrastructure construction, establish internal safety standards, cooperate with various fire safety design inspection, on-site construction inspection and establish standard procedures for follow-up maintenance, Help customers plan disaster prevention and loss prevention strategies. The "infrared thermal image detection" service can quickly scan mechanical and electrical equipment and other related equipment, detect hot spots and faults, and help owners find problems as soon as possible. Fubang property insurance company helps customers to formulate enterprise risk management plans, provide proper risk management measures and various plans, risk assessment, operation impact analysis, crisis management and post disaster recovery, and provide emergency response and continuous operation management guidance to assist enterprises to continue operation after accidents, so as to become a professional risk management consultant for customers.

Attach importance to corporate social responsibility

Adhering to the spirit of "corporate citizen", Fubang property insurance has donated 50000 yuan a year of traffic accident insurance to 180000 primary school students in Xiamen and 170000 primary school students in five city districts of Fuzhou. It not only educates children to establish the concept of insurance from childhood, but also adds a guarantee to children in Xiamen and Fuzhou. In 2011, Fubang property insurance company further donated 10 billion property insurance to Xiamen residents to realize the function of stabilizing the society. At the same time, it also played a positive role in corporate social responsibility. It is estimated that 100000 families in Xiamen will benefit. In the future, Fubang property insurance will continue the excellent performance of Fubang property insurance in the past 50 years, strive to surpass and actively participate in public welfare activities, strive to become the most reliable insurance company for the best corporate citizens and customers, create a win-win situation for the insured, enterprises and shareholders, and make persistent efforts for the sustainable operation of the next 50 years.

Memorabilia

On August 15, 2012, Fubang Property Insurance Co., Ltd. obtained the approval from China Insurance Regulatory Commission to establish a branch in Dalian. On November 9, 2012, Fubang Property Insurance Co., Ltd. officially obtained the license of CIRC to operate compulsory liability insurance for motor vehicle traffic accidents (referred to as "compulsory traffic insurance"), becoming the first property insurance company with Taiwan capital to obtain the license of "compulsory traffic insurance", setting an important milestone for the operation of the insurance market!

Fubon Financial

Taiwan's second largest listed financial holding company takes "becoming a first-class financial institution in Asia" as its development vision. Its main subsidiaries include Taipei Fubon Bank, Fubon property insurance, Fubon Life Insurance, Fubon Bank (Hong Kong), Fubon securities, Fubon investment trust, Fubon marketing, Fubon asset management and Fubon Financial Holding venture capital, etc., with more than 9 million customers, ranking "Taiwan's top financial holding company" for six times "Good corporate governance".

financial group

Profit King

In 2010, the company made a profit of NT $19.9 billion (about RMB 4.4 billion), earning NT $2.33 per share roa0.6%; roe9.3% total assets shareholders' equity net profit after tax

Mainland layout

Bank: share in Xiamen bank, strategic cooperation between Xiamen bank and Taipei Fubang bank property insurance: a wholly-owned subsidiary was formally established in October 2010 asset management: a fund management company was established with Founder Securities in July 2011 life insurance: a joint venture with Nanjing Zijin holdings to establish a life insurance company securities: a Mou was signed with CAITONG securities in December 2010

Professional Awards

Euromoney - Best Debt house in Taiwan; Asia money - best domestic private bank in Taiwan; best domestic provider in cash management services for small businesses; best domestic provider in foreign exchange services for small businesses Financial Asia: best managed companies in Taiwan banks and financial institutions; best corporate governance in Taiwan banks and financial institutions; best investor relations in Taiwan banks and fi Financial institutions); best corporate social responsibility in Taiwan banks and financial institutions); most committed to a strong dividend policy in Taiwan banks and financial institutions) the asset - Corporate award Gold Award Winn

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