Online underwriting of motorcycle policies in China

The Chinese regulatory authority has agreed to promote and guide insurance companies in the development and marketing of online motorcycle insurance policies.

Currently, this coverage can only be underwritten through an insurance company's subsidiary.

Insurers have not moved to digital means for this type of coverage due to the difficulty of online monitoring of motorcycle status.

The CBIRC's goal is to improve risk identification, explore and promote online motorcycle insurance coverage, optimize customer experience and better meet the needs of the public.