Fude P&C Insurance

Company Profile
Fude Property Insurance Co., Ltd. (referred to as "Fude P&C Insurance") is a national property insurance company and a member company of Fude Insurance Holdings Co., Ltd. The company commenced operations on May 7, 2012, with its headquarters in Shenzhen and a registered capital of RMB 3.5 billion. It currently has branches in Shenzhen, Sichuan, Beijing, Guangdong, Henan, Jiangsu, Liaoning, Hebei, Hubei, Tianjin and other places.
The company's corporate vision is to "become a professional property insurance company with distinctive competitiveness in segmented markets of property insurance", and its corporate mission is to "provide quality services to customers, create outstanding value for shareholders, create a better life for employees, and make due contributions to society". It pursues the maximization of commercial value and social value, actively fulfills social responsibilities, and continuously contributes to the development of China's insurance industry.
Since its establishment, Fude P&C Insurance's business channels have developed rapidly. The company's underwriting business covers various industries including petrochemicals, power and energy, infrastructure, engineering and construction, aerospace, mechanical equipment, and the financial sector. It has established strategic cooperation platforms with listed companies and industry benchmark enterprises such as Agricultural Bank of China, China Merchants Bank, Guanghui Group, Kaisa, and ELANE. In 2016, Fude P&C Insurance successfully joined the "Aerospace Special Risk Co-insurance Pool", providing insurance protection for international and domestic aerospace and other special risks.
Fude P&C Insurance has successively established close reinsurance partnerships with well-known domestic and international reinsurance companies such as China Re Property & Casualty Reinsurance Co., Ltd., Taiping Reinsurance (China) Co., Ltd., Swiss Reinsurance Company Ltd., General Reinsurance Corporation, and Lloyd's Insurance Company (China) Ltd. While reasonably and properly diversifying underwriting risks, this has effectively enhanced the company's underwriting capacity and provided customers with more adequate risk protection.
At present, Fude P&C Insurance offers 199 types of insurance, including property damage insurance, liability insurance, credit insurance and guarantee insurance, short-term health insurance and accident injury insurance, etc., covering all aspects of social production and life.
Fude P&C Insurance adheres to the core values of "Enriching the People, Virtue Under Heaven", firmly establishes the business philosophy of "Pragmatic, Innovative, Responsible, Executing", adheres to the service philosophy of "Customers are the root, service is the foundation", always takes customer satisfaction as its service goal, expands the market with quality services, forges ahead, and provides customers with comprehensive protection and integrated services.

Company Development Advantages
(1) Operational Management Advantage: Through centralized management and differentiated authorization, the company has established a professional and efficient two-core operational management system and an information-based comprehensive service platform, with a relatively high level of customer service and strong risk management and control capabilities;
(2) Shareholder Advantage: The controlling shareholder, Fude Sino Life Insurance Co., Ltd. (referred to as "Fude Sino Life"), is a national professional life insurance company with 35 branches, more than 1,000 branch offices and service outlets, over 200,000 management and sales personnel, a registered capital of RMB 11.752 billion, and total assets of nearly RMB 470 billion. It is one of the life insurance companies with relatively strong capital strength in China;
(3) Talent Advantage: The company has gathered a group of middle and senior management talents familiar with China's insurance market and with rich management experience, whose professional ability, innovation ability, and management level are all highly competitive.

Brand Strength

On October 23, 2020, at the "13th China Insurance Culture and Brand Innovation Forum and the 3rd China Insurance Health Care Industry Innovation Forum" co-hosted by Insurance Culture Magazine and the China Insurance Health Care Industry Alliance, Fude P&C Insurance won the "2020 Marketing Innovation Award".
On October 20, 2020, at the 2020 Customer World Annual Conference and the 16th "Golden Ear Mace Cup" China Customer Center Selection Award Ceremony, Fude P&C Insurance won the "China Customer Center Title" and the "Excellence in Digital Service Award".
On December 27, 2019, at the "2019 Nanjing Insurance Industry Overall Ranking" held by Nanjing Morning Post, the Jiangsu Branch of Fude P&C Insurance won the title of "Annual Reputable Property Insurance Company".
On November 17, 2019, at the "2019 China Economic Annual Summit and China Economic Person of the Year Ceremony" co-hosted by China Business Journal and Economy Magazine, Fude P&C Insurance was listed on the "2019 Top 100 Chinese Economic Innovative Enterprises".
On November 9, 2019, at the "12th China Insurance Culture and Brand Innovation Forum and the 1st China Insurance + Health Care Integration Innovation Forum" hosted by Insurance Culture Magazine, Fude P&C Insurance won the "2019 Management Innovation Award".
On October 15, 2019, at the 2019 Customer World Annual Conference and the 15th "Golden Ear Mace Cup" China Customer Center Selection Award Ceremony, Fude P&C Insurance won the "China Customer Center Title" and the "Excellence in Online Service Award".
On September 10, 2019, at the 2019 (7th) China Insurance Industry International Summit, Fude P&C Insurance won the "Golden Brilliance Award — Insurance Customer Service Innovation Award".
On January 15, 2019, at the "2018 Nanjing Insurance Industry Overall Ranking" award ceremony held by Nanjing Morning Post, the Jiangsu Branch of Fude P&C Insurance won the title of "Annual Growing Insurance Company".
On November 30, 2018, at the 2018 (7th) China Finance Summit Forum, Fude P&C Insurance won the "Era Transformation List — 2018 Influential Enterprise" Award.
On November 2, 2018, at the 11th China Insurance Culture and Brand Innovation Forum and the 13th China Insurance Innovation Award Selection Event hosted by Insurance Culture Magazine, Fude P&C Insurance won the "2018 Corporate Culture" Award.