China's first intelligent driving liability insurance plan - the Smart Driving Worry-Free Service Rights
On November 20, 2024, Ping An Property Insurance Co., Ltd. (hereinafter referred to as "Ping An Insurance") and Seres Auto signed a strategic cooperation agreement at the Seres Super Factory in Chongqing. To meet the innovative insurance and service demands of manufacturers and consumers in the era of intelligent driving, the two parties have carried out in-depth cooperation in three major areas: intelligent driving insurance products, digital insurance services, and ecological resource sharing. They aim to explore and develop new models and new products of insurance services in the field of intelligent driving, and promote the overall improvement of user service levels.
Under the guidance of the strategic cooperation, Ping An Insurance and Seres' AITO Enovate brand have taken the lead in launching the country's first intelligent driving liability insurance plan - the Smart Driving Worry-Free Service Rights, covering intelligent parking and intelligent driving, and providing comprehensive protection for all scenarios of intelligent driving.
In terms of scenario-based coverage, high-level intelligent connected vehicle usage involves various scenarios, each with different road, environmental, and traffic characteristics, requiring different types of insurance coverage. Ping An Insurance has provided targeted intelligent driving liability risk insurance plans for Enovate's intelligent parking and intelligent driving in 8 major scenarios.
Functionally, different autonomous driving functions of intelligent connected vehicles cover different risk types and insurance demands. Providing differentiated insurance plans for different autonomous driving functions is key. Ping An Insurance has designed insurance plans targeting parking assistance, cruise assistance, pilot assistance, and network security, effectively covering various functional risk liabilities.
Concretely, the intelligent driving liability insurance plan launched this time fully considers the needs of different customer groups in the insurance plan design. Consumers often focus on single-vehicle insurance coverage, including traditional vehicle damage and third-party liability; while car companies and operators will pay extra attention to the protection of their customers and their own assets, such as the safety of drivers and passengers or the loss of hardware and software equipment. Ping An Insurance has developed differentiated insurance protection products for different insurance needs of enterprises and provides personalized insurance services.
Ping An Insurance and Seres Auto's industry-first smart driving insurance service plan not only creates a safer, more comprehensive, and convenient service experience for end users of smart driving but also sets a new benchmark for exclusive protection in the smart driving era, promoting the smart driving field to accelerate into the "Smart Driving Worry-Free" era.
Ping An Insurance stated that the company will adhere to the principle of long-term cooperation and win-win for all parties, and together with ecological partners, continue to enrich the innovative service system including intelligent driving insurance, providing more comprehensive insurance risk protection support for new energy vehicle companies and customers, to meet the people's aspirations for a better life with high-quality financial services.
