SCOR launches COVID-19 insurance information platform in China

French reinsurer SCOR has set up an insurance information platform in China, where the coronavirus (COVID-19) first broke out in late 2019, and has since spread around the world.

SCOR said that the platform intends to help frontline workers stay informed of their rights and access cover.

In light of the ongoing outbreak the Chinese insurance industry has decided that 70 of the country’s largest insurance groups will offer free coverage for people on the front lines of the disease, including doctors, nurses, police officers, military personnel and taxi drivers, among others.

SCOR, however, stated that there seems to be an "information gap" within the country regarding the coverage.

SCOR Global Life China’s head of marketing, Tiger Li, said: “I realized there was an information gap and that few of China’s medical personnel were aware of what insurers were offering."

To reduce this information gap, Tiger Li and his colleague Wang Fei, head of innovation at SCOR Global Life China, have teamed up with Xiao Le Health founder Wang Kai, and ten actuarial science students from Nankai University, to develop a totally free insurance information platform.

“Our aim is to provide a trusted solution to people who spend their time providing human support to patients”, Le said.