Fubon Property Insurance and Taiwan Mobile Jointly Launch Innovative Insurance, Policy Volume Increases by 180% Monthly

Reported 8 months ago

Fubon Property Insurance and Taiwan Mobile have collaboratively introduced the first integrated telecommunications app-based 'innovative insurance' in Taiwan. Since the trial launch on March 29 and approval by the Financial Supervisory Commission on June 12, the insurance policy application volume for travel safety has doubled with a 180% monthly increase, surpassing the required 470 valid insurance applications within six months in just one month. Users are mainly aged 24 to 45, preferring online shopping, traveling, and engaging in digital services, with many choosing a coverage of NT$12 million for death and disability, 25% higher than similar platforms.

Source: YAHOO

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