The First Insurance Policy of Guoren Property and Casualty Insurance Co., Ltd to Help Rural Vitalization

Release Time:2021-08

On August 9, the first loan credit insurance of financial institutions to help rural revitalization was officially issued, which was the first breakthrough of Guoren Property And Casualty Insurance Co., Ltd innovation project in the new rural area.

The difficulty of agricultural loans has always been the focus of the central and local governments at all levels. In response to the rural revitalization and development strategy and combined with the potential demand of the rural market, Guoren Property And Casualty Insurance Co., Ltd has explored and successfully developed the loan credit insurance model.

Guoren Property And Casualty Insurance Co., Ltd has set up a business department for benefiting agriculture to conduct active researches in the field of rural finance in advance and explored the layout of new rural innovation projects. Through cooperation with Shenzhen Nongjinquan Financial Services Co., Ltd. (referred to as "Nongjinquan") and Nanyang Commercial Bank (referred to as "Nan Commercial Bank"), focusing on the cooperation mode of "Guoren Property And Casualty Insurance Co., Ltd + Nan Commercial Bank + Nongjinquan", credit insurance policies are issued through Guoren Property And Casualty Insurance Co., Ltd, which finally helps farmers to increase credit and realize loans issued by Nan Commercial Bank with the help of customer accumulation and risk control ability of Nongjinquan.

After full communication and active preparation with partners in the early stage, on August 9, in order to help the Rural Revitalization Strategy, the loan credit insurance of financial institutions, the first insurance policy of Guoren Property and Casualty Insurance Co., Ltd, was officially issued, and the company's innovative projects achieved new breakthroughs in the field of new villages.

Next, Guoren Property and Casualty Insurance Co., Ltd will continue to improve the loan credit insurance model of financial institutions to better serve the revitalization of rural areas. By continuously optimizing and improving the level of risk control, Guoren Property and Casualty Insurance Co., Ltd will effectively improve the service quality and efficiency, so that county rural customers can really enjoy high-quality financing services. In the meanwhile, we will continue to summarize and optimize the model and promote the model of "Guoren Property and Casualty Insurance Co., Ltd + Nan Commercial Bank + Nongjinquan" to other regions in the country.