Analysis of the Development Prospect of Internet Auto Insurance

Xinggang Huang · Proceedings of the 4th International Conference on Economy, Judicature, Administration and Humanitarian Projects (JAHP 2019) · 2019

The rise of mobile Internet has attracted a large number of traditional industries to be closely integrated with it, including insurance industry.Internet auto insurance is the perfect combination of Internet and traditional insurance products.As a kind of insurance with high degree of standardization in property insurance, auto insurance has a high Internet penetration rate.This paper analyzes the comparative advantages of Internet auto insurance in the three aspects of channel entrance, product pricing and product innovation, and analyzes the existing problems of Internet auto insurance.

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