Third-party payments are becoming the next move for insurance agencies

Yang Rui

Following the insurance agencies have entered the e-commerce company, third-party payment is becoming the next move of the insurance agencies. After Ping An of China secured a third-party payment license through the acquisition of a third-party payment company, on the afternoon of July 15, an insurance intermediary company called BOCI Insurance Co., Ltd. took a third-party payment license.

Information from the central bank website shows that the fifth batch of third-party payment licenses issued by the central bank includes 19 enterprises. According to public information, the number of licensed units will increase to 269 after the issuance of the license. Among them, the licensed Beijing Network Technology Co., Ltd. Alipay, the main contributor to the Beijing State Insurance Co., Ltd., with 95% stake.

Public information shows that as of September 30, 2013, Beijing Bang Insurance Co., Ltd. Assets total 196 million yuan, January-September 2013 net profit of 11,750.7 yuan. According to CIRC approval in 2007, the registered capital of the company was RMB 10 million. Among them, Zhejiang Innovation Automobile Sales Co., Ltd. invested 8 million yuan, the proportion of investment was 80%; Beijing Jun Aoda Automobile Sales and Service Co., Ltd. invested 2000000 yuan, the proportion of investment was 20%.

This time, Alipay Network Technology Co., Ltd. applied for payment services including nationwide Internet payment, nationwide mobile phone payment and nationwide prepaid card issuance and acceptance business (only for online real-name payment account recharging).

Yesterday, media reports said the above payment license is Anbang Insurance to enter the overall financial layout. Many open recruitment information shows that the state insurance Co., Ltd. under the insurance division under the Assurance Group, but Anbang Insurance insiders yesterday on the "First Financial Daily" reporter denied the claim.

Huang Hong, vice chairman of China Insurance Regulatory Commission, has disclosed to the public recently that while CIRC supports the establishment of e-commerce institutions by insurance companies, it also supports insurance companies in expanding the fields of third-party payment.

At present, Ping An Insurance has acquired relevant licenses through the acquisition of third-party payment companies. In the meantime, a number of insurance groups with e-commerce companies have successively restructured. Insiders told the reporter of First Financial Daily that although the license is not paid Insurance agencies carry out the necessary conditions for Internet insurance, but many insurance companies have to carry out the needs of third-party payment services.

According to the insiders told this reporter, the current third-party payment is mainly divided into two ways, one is to do the channel of funds allocated, the other is for personal consumer payment management, personal accounts, retained funds, online shopping liquidation Multiple network transactions as the basis, so that you can pay to establish a customer base, and then developed into a business platform, the majority of insurance companies prefer the latter.