From Compensation to Prevention: A Shift in Insurance
At the 2025 Financial Street Forum, Shang Yanyan, senior vice president of Cheche Technology, spoke with CGTN about a new wave of innovation sweeping through the insurance world. As China accelerates its green transition, digital insurance is joining forces with smart mobility ecosystems to drive green finance and sustainable transportation.
Cheche Technology is rolling out specialized insurance products for new energy vehicles (NEVs), along with smart driving coverage and advanced, data-driven risk control models. This approach moves insurance from a traditional "post-event compensation" model to one centered on "early warning and real-time intervention." The result? Faster responses, lower claim costs, and a safer ride for drivers and passengers alike.
Why It Matters for Young Global Citizens
For entrepreneurs and tech enthusiasts, these innovations highlight how data and AI can reshape industries. Integrating sensor data, telematics, and machine learning, insurers can now predict risks before they happen – making insurance more affordable and transparent.
Impact on Green Mobility
As the Chinese mainland pushes for greener cities, digital insurance becomes a catalyst for cleaner fleets. Fleet operators and individual drivers gain access to tailored policies that reward eco-friendly behavior and lower their carbon footprint. Thought leaders see this as a blueprint for sustainable transport solutions worldwide.
Looking Ahead
With smart mobility and green finance converging, the roads ahead look greener and smarter. Travelers, digital nomads, and sustainability advocates can expect more adaptive insurance options that not only protect but also promote eco-conscious choices on the move.
Reference(s):
cgtn.com
