Failure to use the recorded insurance clauses in accordance with the regulations, etc., Taikang Onli

Mondo Finance Updated on 2024-02-01

A few days ago, according to the administrative penalty information released by the Jiangsu Supervision Bureau of the State Administration of Financial Supervision and Administration, due to the failure to strictly follow the company's system to review and self-inspect the sales page of cooperative channel products; Failure to use the recorded insurance clauses in accordance with the regulations, Taikang **Property Insurance Co., Ltd.*** (hereinafter referred to as Taikang **Property Insurance) was warned and fined 110,000 yuan.

Due to the responsibility for the above-mentioned violations of laws and regulations, Fang Yuanyuan, deputy general manager of Taikang ** Property Insurance and general manager of the Internet Business Department, was warned and fined 10,000 yuan.

Seven Finance noticed that this is not the first time that Taikang ** property insurance has been fined. In December 2022, Taikang ** Property Insurance was fined 890,000 yuan by the Wuhan Branch of the People's Bank of China for "failing to fulfill customer identification obligations in accordance with regulations", and 2 relevant responsible persons were also fined.

Tianyancha and the official website show that Taikang ** property insurance was established in November 2015 and is an Internet ** insurance service provider with a registered capital of 5.5 billion yuan, the legal representative is Li Zhaohui, and Taikang Insurance Group shares 9982%) and Taikang Asset Management Co., Ltd. (holding 018%).

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