
2003-01-21
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T - Technology & Patents
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Country / Region:
China
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OtherListed company
China Ping An Property Insurance Co., Ltd. Beijing Branch is a provincial-level branch established by Ping An Property & Casualty Insurance in the capital city. Based in Beijing and serving the Beijing-Tianjin-Hebei region, the company specializes in providing property insurance and risk management solutions covering the entire life cycle. Its core business includes motor vehicle insurance, corporate property insurance, liability insurance, personal accident and health insurance, agricultural insurance, and credit guarantee insurance—statutorily mandated property insurance lines. The company serves over 8.6 million individual customers and more than 420,000 corporate clients. In 2025, its gross written premium reached RMB 14.26 billion.
Leveraging Ping An Group’s dual-driver strategy of “technology + finance,” the company has scaled up applications of big-data-based risk control, AI-powered intelligent loss assessment, blockchain-based electronic policies, and OCR image recognition technologies across Beijing. The online penetration rate for motor insurance via the “Ping An Good Driver” mobile app’s Beijing edition stands at 98.7%, with an average claim settlement turnaround time of just 1.2 working days.
In terms of qualifications, the company holds a valid “License for Operating Insurance Business” (Institution Code: 000017110000800) issued by the Beijing Regulatory Bureau of the National Financial Regulatory Administration. It has maintained a regulatory rating of Class B or higher for the past five years. Its parent company is certified under ISO 9001 and ISO/IEC 27001; its Beijing Operations Center has attained CMMI Level 5 certification.
The company actively participates in government-led initiatives in Beijing, including the municipal catastrophic risk insurance pilot program, policy-driven agricultural insurance, work safety liability insurance, and insurance for first-of-a-kind equipment. For six consecutive years, it has supported Beijing’s police-insurance joint rapid traffic accident handling mechanism. It underwrites flight delay insurance and infrastructure property insurance for Beijing Daxing International Airport, provides intellectual property insurance and R&D expense loss insurance for technology innovation enterprises in Zhongguancun Science City, and offers the “Shopkeeper” comprehensive liability insurance and resumption-of-operations protection plans targeting small, medium, and micro-sized enterprises.
Cooperation models include traditional insurance underwriting, customized risk solution design, co-development of public-private partnership projects, and cross-border risk protection support.
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