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Academic Journal of Business & Management, 2023, 5(6); doi: 10.25236/AJBM.2023.050608.

Discussion on the value-added space of digital transformation of insurance industry

Author(s)

Zhu Xuheng

Corresponding Author:
Zhu Xuheng
Affiliation(s)

College of Economics, Guangxi University, Nanning, Guangxi, China

Abstract

With the rapid development of digital economy, it has had a huge impact on all walks of life. How to promote the high-quality development of insurance industry through digital transformation, build a new pattern of digital finance that adapts to the development of modern economy, continuously improve the ability and level of financial services to the real economy, and effectively prevent and resolve financial risks. This paper discusses the value-added space of China insurance industry under the digital economy from three angles: business management, data ability and scientific and technological ability.In this paper, the development status of China insurance industry is sorted out, and relevant suggestions are provided for the future development direction, with a view to the continuous development and progress of China insurance industry, which can better stabilize the economy, promote economic development and protect the legitimate rights and interests of the people.

Keywords

Insurance industry, Digital transformation, Value-added space

Cite This Paper

Zhu Xuheng. Discussion on the value-added space of digital transformation of insurance industry. Academic Journal of Business & Management (2023) Vol. 5, Issue 6: 51-56. https://doi.org/10.25236/AJBM.2023.050608.

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