Zhong Guo Jin Rong Xin Xi Wang·2025-09-26 09:57Core Insights - The article discusses the evolving role of property insurance in supporting new production capacities and emerging risks in industries such as drone technology, innovative pharmaceuticals, and autonomous vehicles [1] Group 1: Insurance Support for Specialized Enterprises - The article highlights the case of Ding Sheng Silk, a company that modernized its production of Song Jin fabric, significantly increasing production speed by 200 times through technological upgrades [3][4] - Ding Sheng Silk has utilized various insurance products from China Pacific Insurance, including machinery damage insurance and intellectual property infringement insurance, to safeguard its operations and support its growth [4][5] - The company has also benefited from a loan guarantee insurance that enabled it to secure 5 million yuan in financing during its early development stages [4] Group 2: Cybersecurity Insurance - The article emphasizes the increasing importance of cybersecurity insurance for technology companies, particularly in light of rising digital threats [7][8] - China Pacific Insurance has initiated a pilot program for cybersecurity insurance in Suzhou, providing coverage for data recovery costs, ransomware losses, and cybersecurity liability [8] - As of 2024, the company plans to provide over 200 million yuan in cybersecurity insurance coverage to 31 high-end manufacturing and information technology enterprises [8] Group 3: Insurance for Pharmaceutical Innovation - The article outlines the significance of insurance in the pharmaceutical sector, particularly for clinical trials and innovative drug development [10][11] - China Pacific Insurance has developed a suite of insurance products tailored for the pharmaceutical industry, including clinical trial liability insurance and product liability insurance [10][11] - In 2024, the company aims to provide 42.3 billion yuan in insurance coverage for 262 biopharmaceutical enterprises in Suzhou, addressing the unique risks associated with drug development [12]