The Study Of Scientific And Technological Progress Promoting The Insurance Industry Development

"Science and technology are primary productive forces". Economic development makes more and more people clearly realize that scientific and technological progress plays an important role in economic development.Scientific and technological advances do not mean individual scientific and technological research results or a higher level of technology, nor is it from a purely technical point of view to understand the development of science and technology. The new science and technology promotes the total factor productivity. Understanding the scientific and technological progress is form human society development, especially from the perspective of economic.In the report of the party's 17 said that "increasing the competitiveness of the banking, securities and insurance industry ", which clearly put the insurance industry and the banking, securities on the same level and endorsed the insurance industry as one of the three pillars of modern financial system. Insurance has capability of economic compensation, financial intermediation and social management. It is the basic means of risk management in market economy and plays an important role in financial system and the social security system. It is an important part of building a harmonious socialist societyThe history of the insurance development can be seen: the development of insurance is along with the development of scientific and technological progress, economic forms and the risk. In the course of the development of insurance, on the one hand, the nature of the insurance continuously streng then and expand; on the other hand, forms of insurance has been innovating. Through the reunification of the inheritance of the insurance nature and innovation of insurance forms, the insurance has been developing. As the science and technology and the development of productive forces decided by science and technology is staged so as to determine the diversity of the socio-economic development and the phased development of the insurance industry.As the development of science and technology, economic and risks, insurance increasingly enhances correlation with other forms of protection. With the hi-tech progress and the development of knowledge economy, the relationship between the various risks has been constantly improving, so that various forms of protection become a socio-economic security system .The contemporary insurance is of an important part in socio-economic security.Since the end of the 20th century, the rapid development of global science and technology, hi-tech achievements will continue to emerge and was quickly applied to social practice. It reinvigorate economic development and social progress. The rapid development of science and technology promoted human welfare, but also brought new risks and the development of a new space to the insurance industry. The demand of High-tech industries transferring the risk has driven the rapid development of insurance. The insurance industry has also used high-tech achievements to enhance risk management capability, profitability continues to increase. Scientific and technological progress has played a positive role in promoting the insurance industry's rapid development. At the same time, it is still great room for China to use of scientific and technological progress to promote the development of the insurance industry. But need to make further efforts to improve policies and regulations, strengthen the construction industry standards, changing the traditional concept of insurance.