What is the modern insurance service industry?

The concept of "modern insurance service industry" originated from "modern service industry". Modern service industry refers to the service industry based on modern science and technology, especially information network technology, and new business model, service mode and management mode. It is the future development direction of service industry and a new economic growth point, which is of great significance to the economic transformation and upgrading of China.

At present, the modern insurance service industry advocated by the state to accelerate its development is a representative industry in the modern service industry. It is an industry that adapts to the requirements of market economy, uses new technologies, new formats and new service methods to meet and create demand, and realizes the effective connection between commercial insurance and social security, the integration of insurance services and social governance, and the close combination of operating mechanism and government management.

Compared with the traditional insurance industry, the modern insurance service industry has two main characteristics: one is "new" and the other is "wide". "New" means that modern insurance service industry is an industry based on new business model, service mode and management method, which includes both emerging insurance formats with the development of technology and the transformation and upgrading of traditional insurance business by using modern technology. "Wide" means that the modern insurance service industry includes not only the expansion of existing commercial insurance services, but also insurance services that can be marketized in social security, social governance and disaster relief. It is a concept of "big insurance industry".

Several Opinions clearly put forward the concept of "modern insurance service industry", requiring the insurance industry to integrate into the national development strategy in the new period with a new orientation, making it a pillar force to improve the financial system, a strong support to improve people's livelihood security, an effective mechanism to innovate social management, an efficient engine to promote economic upgrading and efficiency upgrading, and an important starting point for transforming government functions.