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China Opens Insurance E-Commerce Website
The Shanghai-based China Pacific Insurance Company Ltd. recently opened its E-Commerce website, WWW.CPIC.COM.CN, which is believed to be China's first country-wide on-line insurance service.
According to the company source, the new website includes such columns as insurance shop, clients service, enterprise information and insurance news.
"One can visit us to make on-line application for insurance services in any places at any time, and our branches across the country will bring the insurance policy to his or her house at soon as possible," the source said.
The website also allows on-line payment with various banks.
The company predicated that in three years time, the on-line insurance business will account for 10 to 15 percent of the total business volume of the company.
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