PICC's Ding Xiangqun: Transitioning from Simply Selling Insurance Products to a "Product + Service" Model

GateUser-bd883c58 · 2026-04-06T23:32:48+00:00

How does AI · Insurance + Elderly Care model benefit special groups?Beijing Business Daily (Reporter Li Xiumei) reported that on March 27, at the China PICC 2025 Annual Performance Release Conference, China PICC Chairman Ding Xiangqun said that the company will drive its transformation from an insurance product provider into an insurance service provider, shifting from simply selling insurance products to a “products + services” model, and build a tighter linkage mechanism between insurance products and elderly care services. Focusing on people who are disabled and those with cognitive impairments, it will improve the “Insurance + Elderly Care” services, explore a diversified elderly care ecosystem covering community-based care, home-based care, and institutional care; promote the deep integration of health management and insurance business, build a high-quality health management company, accelerate the integration of health service resources, and steadily establish a full-process health management service system covering prevention, diagnosis and treatment, rehabilitation, and long-term nursing care. Shift from traditional reimbursement-based healthcare to management-based healthcare.

GateUser-bd883c58

2026-04-06 23:32:48

Ask AI · How can the Insurance + Pension Care model benefit special groups?

Beijing Business Daily reported (Reporter Li Xiumei) On March 27, at the 2025 annual results briefing of China PICC, China PICC Group Chairman Ding Xiangqun said that the company will work to shift from being an insurance product provider to an insurance service provider, moving from simply selling insurance products to a “product + services” model. It will establish a tighter linkage mechanism between insurance products and pension care services. Focusing on people with loss of functional ability and dementia, improve the “insurance + pension care” services, and explore a diversified pension care ecosystem covering community-based pension care, home-based pension care, and institutional pension care. Promote the deep integration of health management and insurance business; build a health management company of high quality; accelerate the integration of health service resources; and steadily establish an end-to-end health management service system covering prevention, diagnosis and treatment, rehabilitation, and long-term care. The traditional reimbursement-based model is shifting to a management-based medical model.

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