However, the annual target for online insurance in 2021 announced by the Financial Supervisory Commission in June this year still only set a fairly conservative 2 million units, which is only 80,000 units more than the actual sales last year; the target for 2022 will only grow to 2.2 million units, less than Growth rate before the pandemic. When the global insurance industry is actively exploring digital development, Taiwan's competent authorities' conservative attitude towards online insurance may affect Taiwanese insurance companies to keep up with global market trends.
In the post-epidemic era, work and life styles have changed, the contactless economy has risen rapidly, people are more and more accustomed photo restoration service to using e-commerce online shopping, and online insurance has become more and more compact because of "zero contact". According to the statistics of the Financial Regulatory Commission, in January this year alone, compared with the same period last year, the number of online insurance applications in the life insurance industry increased by 87.8%, while the number of online insurance applications in the property and casualty insurance industry increased by 421.9%.
Among them, epidemic prevention insurance , Vaccine insurance brought a surprising number of cases. The Insurance Bureau also statistics that in January this year, the number of online insurance applications in the life insurance industry reached 12,800, an increase of 87.8% compared with 6,800 in the same period last year, and the premium income was 34 million yuan, also compared with the same period last year. .