Core Viewpoint - The 15th National Games, hosted by Guangdong, Hong Kong, and Macau, marks a significant milestone as the largest and highest-level comprehensive sports event in China, with China Life Insurance acting as the official partner to provide extensive risk management and insurance services [1] Group 1: Insurance and Risk Management Strategy - China Life Insurance adopts a "risk reduction" approach, transitioning from traditional post-event compensation to proactive risk management and control during the event [2] - The company utilizes its proprietary "Wandering Cloud" platform, integrating AI, big data, IoT, and digital twin technologies to create a comprehensive service system covering pre-event prevention, in-event monitoring, and emergency simulations [2][3] - A "Sports Center Risk Database" has been established, combining historical insurance claims data, meteorological information, and technical standards to formulate scientific risk reduction recommendations [2] Group 2: Monitoring and Emergency Preparedness - Key areas such as power distribution rooms and fire control centers are equipped with IoT monitoring devices, while drones are deployed for 24-hour dynamic monitoring of venue safety [3] - Digital twin technology is employed to create virtual models of critical venues, allowing for simulations of emergencies like fires and power outages, thereby optimizing emergency response plans [3] Group 3: Comprehensive Insurance Coverage - China Life Insurance has developed a tailored "full-process, multi-dimensional, integrated" insurance plan that covers all aspects of risk from participants to venues, providing over 100 billion yuan in insurance coverage [4] - The insurance products include venue property insurance, personal accident insurance, public liability insurance, and organizer liability insurance, addressing the unique needs of large-scale events [4] Group 4: Cross-Border Claims Mechanism - A collaborative claims mechanism has been established to address the challenges of cross-border insurance services, ensuring information sharing and mutual recognition of claims standards among Guangdong, Hong Kong, and Macau [5] - A dedicated green claims channel allows participants to enjoy "on-site claims" regardless of where the incident occurs, streamlining the claims process [5][6] - For Hong Kong and Macau participants, a specialized service window has been set up to ensure claims are processed within 8 hours, enhancing service efficiency and convenience [7]

Core Insights - The 15th National Games, the largest and highest-level comprehensive sports event in China, is being held in Guangdong, Hong Kong, and Macau, marking the first time the event has taken place in these regions [1] - China Life Insurance is the official partner for the event, implementing a "insurance + risk reduction services + technology" model to ensure safety and risk management throughout the event [1][2] Group 1: Risk Management and Technology Integration - China Life Insurance has shifted from a traditional post-claim model to a proactive risk management approach, focusing on risk reduction before and during the event [2] - The company utilizes its proprietary "Wanshang Cloud" platform, integrating AI, big data, IoT, and digital twin technologies to create a comprehensive service system for risk prevention, monitoring, and emergency response [2][3] - A "Sports Center Risk Database" has been established, combining historical insurance claims data with various risk factors to provide scientific risk reduction recommendations [2] Group 2: Comprehensive Insurance Coverage - China Life Insurance has developed a tailored "full-process, multi-dimensional, integrated" insurance plan that covers all aspects of risk from participants to venues, providing over 100 billion yuan in insurance coverage [4] - The insurance products include coverage for athletes, staff, volunteers, and third-party personnel, as well as venue property and equipment [4] Group 3: Cross-Border Claims and Service Efficiency - A collaborative claims mechanism has been established to address the challenges of cross-border insurance services, ensuring information sharing and mutual recognition of claims standards among Guangdong, Hong Kong, and Macau [5][6] - A dedicated green claims channel has been created, allowing participants to submit claims online, significantly speeding up the claims process [6][7] - A 24/7 service hotline and on-site service points have been set up to provide immediate assistance and streamline the claims process for participants [6][7]