New Energy Vehicle Insurance runs out of the "acceleration" head insurance company market accounting for 70 %

Reporter Leng Cuihua

Recently, a number of new energy listed car companies released production and sales express reports showed that their production and sales in June and the first half of the year increased significantly, and many car companies delivered the growth rate of over 100%year -on -year vehicles. Correspondingly, the insurance premium of new energy vehicle insurance also runs out of "acceleration".

Insiders believe that by 2030, my country's new energy vehicle insurance premium income will exceed the 200 billion yuan mark, and in the future, it will be a trillion -dollar market. However, the new energy vehicle insurance market is like a "stabbing rose", which brings a comprehensive test to the comprehensive strength of insurance companies. At present, the new energy vehicle insurance market has a high concentration. Traditional fuel vehicle market.

The "Three Family" takes away more than 70 % of the share

The proportion of new energy vehicles in the sales of new vehicles "meets the standards" in advance.

According to the "New Energy Vehicle Industry Development Plan (2021-2035)", by 2025, the sales volume of new energy vehicles will reach about 20%of the total sales of new cars. According to relevant statistical data, this goal will be 4 this year 4 this year 4 this year The month has been realized in advance, and the sales volume of new energy vehicles accounts for 20.3%of the total sales of new cars. The continuous growth of new energy and new vehicles has driven the rapid growth of the new energy vehicle insurance market.

Vice Chairman, President and Chun Lei of China Zai Group said that as an important means of "double carbon" goals in the insurance industry and helping green transportation, the new energy vehicle market has grown rapidly. In 2021, new energy vehicle insurance premium revenue has exceeded 30 billion yuan. At the same time, according to the penetration rate of new energy vehicles, in 2030, my country's new energy vehicle insurance premium revenue will exceed the 200 billion yuan mark. A market of 100 million yuan.

The huge prospect of new energy vehicle insurance has attracted great attention from insurance companies, but the current new energy vehicle exclusive insurance market is more concentrated in head insurance companies. According to Chen Sen, deputy general manager of Taiyou Property Insurance, from the perspective of the number of insurance policies, the current "three furnishings" (PICC Property & Casualty Insurance, Tai Insurance Property & Casualty Insurance, and Ping An Property Insurance) accounted for 66.6% The number of exclusive energy vehicles accounted for 71.2%, which is significantly higher than the proportion of fuel vehicles. It can be seen that head property insurance companies attach great importance to the operation of new energy vehicle insurance.

The person in charge of a small and medium -sized insurance car insurance told the "Securities Daily" reporter that small and medium -sized insurance companies also pay attention to the new energy vehicle insurance market, but the characteristics of high growth and high compensation rate make it like a "stabbing rose" and want The layout is not easy. In fact, due to the high compensation rate of new energy vehicle insurance, many insurance companies are currently very cautious about underwriting new energy vehicles.

Zhu Junsheng, Research Director of the China Insurance and Pension Research Center of Tsinghua University Wudaokou Financial College, said that the challenges of new energy vehicle insurance operations are mainly reflected in three aspects: first, the current insurance vehicle insurance rate of new energy vehicles is significantly higher than that of traditional fuel vehicles; second, new energy The cost of claims for vehicle damage insurance is higher than that of traditional fuel vehicles; the third is that new energy vehicles are immature. Therefore, the healthy development of new energy vehicle insurance requires the cooperation of direct insurance companies and reinsurance companies, providing comprehensive risk solutions, in -depth research on the risk characteristics of new energy vehicles, strengthening technology applications, and promoting innovation of new energy vehicle insurance pricing.

Chen Sen said that although the overall cost of new energy vehicle insurance is higher than that of fuel vehicles, as the market has accumulated, and after the launch of new energy vehicle insurance products, the cost level has further declined, approaching the profit and loss balance point. According to reports, the cost rate of new energy vehicle reports is about 101%, which is relatively close to the profit and loss balance point. He believes that with the further development of the market and the risk control of insurance companies, the comprehensive cost ratio of new energy vehicle insurance policies is expected to continue to decrease to 100%, changing the overall losses of new energy vehicle insurance insurance.

Towards intensive, online

New energy vehicles are different from the product characteristics, market characteristics, sales and service models of fuel vehicles, all of which have made the operation of new energy vehicle insurance continuously innovated, and the trend of intensive and onlineization will be very obvious.

Chen Sen held an example. The new energy vehicle compensation rate is relatively high. To do a good job of risk control, you must actively dig deep into the price of car insurance. For example, the mileage data brought by new energy vehicles and the connected car data of driving behaviors may become actuarial actuaries. Risk factor for pricing.

At the same time, in the cooperation model of new energy vehicle companies and insurance companies, many new energy vehicle manufacturers have proposed that risk models must also be tailored to the new energy vehicle exclusive actuaries.

Li Xiaoyu, a total actuator of China Real Estate Insurance, said that the future new energy vehicle insurance pricing model must be composed of three aspects: the risk grading, risk interaction in the matter, and the control of dangerous behavior. "The integration of new energy vehicle insurance and insurance technology, and the integration of new insurance data and technology data is the only way for the development of new energy vehicle insurance in the future."

Zhu Junsheng believes that new energy vehicles have a high degree of correlation with data, sensors, and software applications. At present, risks in this field have not been fully covered. Therefore, insurance companies can also innovate and develop cybersecurity insurance such as network security insurance.

It is worth noting that, unlike the model of the production and sales of traditional fuel vehicles, new energy vehicles are dominated by direct sales models. Industry insiders believe that the change of this production and sales model has reshaped the relationship between automobile manufacturers, automobiles, and consumers. Manufacturers have opened up multiple links such as product manufacturing, automotive after -sales service, and financial services. Manufacturers faced consumers. Good services will improve. User sticky. Chen Sen believes that the direct sales model of new energy vehicles means that the model of the car manufacturer and insurance company's "total" operating auto insurance will become the main business model of new energy vehicle insurance, but the opportunity to seize this change depends on the opportunity of this change depends on it depends on the opportunity to change. Insurance company's own operation. How do insurance companies respond to the new model of new energy vehicles? Chen Sen believes that three aspects should be focused on three aspects. First, the intensiveization of the auto insurance business model should be used to match the new sales service system for the new forces of vehicles; Auto sales, after -sales service, and customers' all -life cycle management highly online; third, the standardization of auto insurance products.

"This is very different from the traditional operating ideas of auto insurance. Traditional car insurance pays attention to differentiation according to factors such as different regions, different models, and different customers. This is also the advantage of an actuarial model. Does new energy vehicle insurance also have to be standardized? This is a one? The new subject and challenges, "Chen Sen said.

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