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Guoren P&C Launches China’s First Data Asset Loss Insurance

Release Time:2024-07

Recently, Guoren P&C was invited to attend the opening ceremony of the second Guangdong-Hong Kong-Macao Greater Bay Area International Data Exchange Week event. During the event, Guoren P&C shared insights on data asset insurance and completed the signing of China’s first data asset loss insurance policy with Shenzhen Youqian Information Technology Co., Ltd. (“Youqian Information”). This policy provides Youqian Information’s ESG data with a cumulative compensation limit of CNY1 million for data asset losses.

Guoren P&C, an important member enterprise of Luen Mei Group in the field of industrial-financial services, has collaborated closely with the Shenzhen Data Exchange (SDE). Through in-depth research into the entire data product transaction process, Guoren P&C has developed innovative data insurance products to effectively meet the insurance needs of the entire process. These products were officially launched in May 2024 at the “Data Insurance Safety Valve Section” of SDE.

 

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