Study Of Risk Management Of Credit Insurance Products Of A Insurance Company

In recent years,with the development of economy and the further opening of finance,various types of financing methods have emerged.Under the influence of economic globalization,credit business enters into China's market and is paid more and more attention by major commercial Banks and financial institutions.The business in the major Banks,financial institutions in the profit of an increasing proportion of the.However,as the credit business is a special loan model with credit as the subject,the risk of its business is higher than that of the unified model.The credit guarantee insurance products proposed by insurance companies,as a bridge between Banks and consumers,not only share the capital risks of Banks and other lending institutions,but also provide guarantees for consumers who cannot get loans under normal circumstances,so that these people can get loans normally.However,this part of customers cannot meet the loan requirements of Banks or financial institutions under normal circumstances,and most of them have a variety of problems,such as low credit,poor repayment consciousness,etc.,which makes the insurance company bear a larger business risk.Therefore,how to improve their risk management level and reduce the loss rate has become an important issue for Insurance company A.In this paper A insurance company credit guarantee insurance business(hereinafter referred to as credit insurance business)as an example,combining the can query to the relevant research materials at home and abroad,gm's credit risk management methods and advanced technology and A credit insurance business status quo,through the comparative analysis,case analysis,found A insurance company credit problems existing in current insurance business three aspects,one is the lack of strict underwriting audit,2 it is marketing chain management does not reach the designated position,there is lack of innovation and product design three violations.In order to solve these problems,A insurance company should optimize the internal approval process,eliminate complexity and simplify,and improve the audit efficiency and risk assessment accuracy with the help of advanced science and technology.Strengthen internal management,improve staff professional quality,expand sales channels;Increase the intensity of product development and innovation,and strictly implement the regulatory requirements in the process of product development.It is hoped that the above measures can improve the risk management level of A insurance company while ensuring the business development,so that A company can achieve better development.