Cai Jing Wang·2025-11-01 07:02Core Insights - The People's Bank of China announced the winners of the "2024 Financial Technology Development Award," with China Pacific Insurance (CPIC) receiving two second-place awards for "AI+ Digital Empowerment Based on Large Models" and "Data Asset Management System Construction," and a third-place award for "Insurance Full-Scenario Application Database Innovation" [1] Group 1: AI+ Digital Empowerment - The "AI+ Digital Empowerment" project, jointly submitted by CPIC and Taibao Technology, focuses on leveraging cutting-edge AI technologies to address cost structure challenges and risks associated with digital upgrades in the insurance industry [2] - The project has achieved significant results, including personalized training for 180,000 agents through the "Gold Coach" program, processing over 400,000 claims annually with a 96% accuracy rate, and analyzing millions of images for fraud detection [2] - The project is set to launch in two phases in December 2023, covering four major areas and nine application scenarios, marking a transformative shift in traditional insurance practices [2] Group 2: Data Asset Management System - The "Data Asset Management System Construction" project aims to establish an enterprise-level data asset management framework through data governance and DCMM Level 5 certification [3] - The project involves clear division of responsibilities among CPIC Group, property and life insurance subsidiaries, and Taibao Technology, ensuring effective collaboration and implementation [3] - The initiative successfully created a standardized data asset management system across the group, addressing fragmented data management issues and enhancing data-driven operational capabilities [3] Group 3: Insurance Full-Scenario Application Database Innovation - The "Insurance Full-Scenario Application Database Innovation" project responds to the financial technology planning requirements set by the People's Bank of China, employing a strategy of tackling difficult challenges first [4] - The project introduced five innovations, including a heterogeneous transformation pre-assessment tool and distributed decision models, effectively addressing challenges related to Oracle adaptation and high-risk SQL identification [4] - As of December 2024, 329 systems have completed the transformation, producing books and patents, and providing practical pathways for the financial industry's innovation [4] Future Directions - CPIC plans to accelerate the implementation of its "AI+" strategy, focusing on deep AI applications and value transformation to reshape business processes and innovate models [4] - The company aims to establish a secure, efficient, and intelligent digital financial ecosystem, injecting new momentum into the high-quality development of the financial industry [4]