Car Insurance Co., Ltd.
![]() Commercial motor insurance in China There are two segments of commercial motor insurance in China: basic risks and additional risks. Car owners have to purchase insurance for basic risks first, which will then provide them with access to additional risk insurance. Basic risks include: Vehicle damage insurance covers all the damage to the car
regardless of reason. Free compensation special insurance is when insurance company is
responsible for compensation in the liability limit according to
the deductible amount, based on the rate specified in the
corresponding basic insurance clause. |
- Basic Information
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Company Name: Car Insurance Co., Ltd. Business Type: Manufacturer,Agent,Trading Company,Seller Brands: Car Insurance Employee Number: 100~200 - Trade & Market
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Company slogan: New Chinese Auto Insurance
Production Line: People Insurance Company of China (PICC) provided the first local car insurance in China in the year 1950, which ended foreign monopoly in the industry. Most consumers in China were not aware of auto insurance at inception. In 1980, auto insurance in China was gradually promoted along with the rapid growth of public transportation and private cars. Starting in 1988, auto insurance started to dominate the non-life insurance market in China. In 2006, the Chinese government imposed mandatory regulations on drivers to purchase liability car insurance. These regulations may have further boosted the auto insurance market in China. As of 2019, new regulations were implemented to include more foreign insurance companies in order to increase competitiveness.
About quality management: Quality control services in China
Today, China is Asia's major manufacturing powerhouse and a prime sourcing destination for brands and retailers worldwide. Globally, "made in China" is no longer always synonymous with poor quality, but effective quality control mechanisms remain a priority for any business looking to secure their supply chain.With offices and labs in Hong Kong, Guangdong, Sichuan, Zhejiang, QIMA performs product inspections, lab testing and supplier audits in all of China, helping you ensure product quality, avoid supply chain disruptions and protect your brand reputation.
Supplier audits in China
QIMA's highly qualified auditors can conduct manufacturing, ethical, structural, environmental and C-TPAT audits of your Chinese suppliers' factories, helping you engage with capable and ethical suppliers. QIMA conducts audits to a number of international standards, our own Best-in-Class protocol or your in-house requirements.QIMA supplier audits in China help you:
Protect your brand against operational and ethical risks
Ensure safe and ethical working conditions in your supply chain
Get a comprehensive profile of your Chinese supplier – before you give them your business - Factory Information
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Market name: North America,South America,Western Europe,Eastern Europe,Eastern Asia,Southeast Asia,Middle East,Africa