Core Insights - The scale of flexible employment in China has exceeded 200 million people, highlighting the need for diversified employment options while also presenting risks related to work accidents due to the lack of stable labor relations [1][2][3] - Ningbo has pioneered a universal commercial insurance product called "Linghu Bao," which addresses the risks faced by flexible workers by offering flexible, on-demand insurance coverage that is not limited by industry, job type, or residency [1][3] Group 1 - The "Linghu Bao" model provides significant benefits for flexible workers, allowing for easy enrollment and online claims processing, with compensation available by the second working day [1][3] - Since its implementation, "Linghu Bao" has provided over 300 billion yuan in risk coverage to nearly 500,000 individuals, demonstrating its effectiveness in enhancing personal accident protection for flexible workers [1][3] Group 2 - The existing social security systems are inadequate for the diverse and complex employment forms emerging in the digital economy, leading to low participation rates among flexible workers due to high costs and various barriers [2][3] - There is a pressing need to address the insurance challenges faced by over 200 million flexible workers, with the "Linghu Bao" model serving as a potential template for broader implementation across other regions [3]

Core Insights - The event focused on "Inclusive Insurance, Intelligent Services, and Common Prosperity," highlighting the importance of inclusive finance in supporting local economic development [1][3] - The Ningbo government is leveraging its status as a national insurance innovation pilot zone to explore new paths and models for inclusive insurance services [3][7] Group 1: Event Overview - The event was co-hosted by the Ningbo Municipal Government and the China Insurance Society, attracting over 180 participants from various sectors [1] - Key speakers included Ningbo's Deputy Mayor Xu Qiang and China Pacific Insurance Group's Secretary Su Shaojun, who emphasized the significance of inclusive finance in achieving high-quality development [3] Group 2: Key Presentations - Dr. Xing Li from the China Inclusive Finance Research Institute compared international practices in inclusive insurance and their implications for China's insurance industry [5] - Zheng Yimin from China Pacific Insurance highlighted the company's efforts in product innovation and service empowerment to meet public needs [5] - Professor Qiu Bo from Ningbo University presented a book detailing over 30 innovative inclusive insurance products developed in Ningbo [5] Group 3: Roundtable Discussion - A roundtable discussion was held, featuring experts discussing the role and impact of inclusive insurance in promoting common prosperity [6] Group 4: Ningbo's Insurance Innovations - Ningbo has launched over 80 inclusive insurance products, establishing a mature operational mechanism characterized by low premiums and high coverage [7] - The "Flexible Insurance" product, aimed at flexible employment individuals, has covered over 500,000 people and has been recognized as a best practice [7] - The "Tianyi Ningbao" medical insurance product has served over 12 million participants since its launch, effectively reducing citizens' medical burdens [7]