BeijingMay 20, 2026 /PRNewswire/ — In June 2017, Huiyou Mutual Property Insurance Society officially commenced operations as one of China’s first batch of mutual insurance pilot institutions, and it is also a mutual insurance organization focused on the housing and construction engineering sector. Amid the complex and ever-changing risks in the engineering industry and the growing demand for personalized insurance coverage, Huiyou Mutual Property Insurance Society leverages the unique advantages of mutual insurance to deeply cultivate the housing and construction engineering field. Rooted in member needs, it continuously launches insurance services and products that closely align with the full-chain demands of the industry and promote sustainable development, becoming a trusted long-term partner for central state-owned enterprises, local state-owned enterprises, and small-to-medium construction firms.
Mutual Model, Upholding Long-Term Member Value
As a mutual insurance institution, Huiyou Mutual’s greatest advantage lies in the integration of member enterprises and the insurer, with decisions consistently focused on members’ long-term interests rather than short-term profitability. This is the core of the two-way empowerment and mutual improvement between Huiyou Mutual and its member enterprises. Huiyou Mutual has always adhered to walking alongside outstanding member enterprises, continuously optimizing service processes and refining product systems through collaboration. Over nearly a decade of operations, it has forged friendships with numerous engineering firms, growing together, sharing risks, and achieving stable, win-win outcomes.
Member Co-Creation, Products Precisely Tailored to Member Needs
Standardized traditional insurance products struggle to adapt to the segmented and complex risk scenarios of the engineering industry, making it difficult to precisely address the industry’s pain points. As a mutual insurance institution dedicated to the engineering sector in China, Huiyou Mutual regularly holds consultation meetings with member enterprises, insisting on in-depth communication to fully understand their core demands in project execution and risk prevention. This allows member enterprises to deeply participate in the entire product design process.
Leveraging their professional expertise in the engineering field, member enterprises enable products to precisely fit real-world application scenarios, moving beyond a “God’s-eye view” of potential engineering risks. Instead, they can connect upstream and downstream resources of engineering firms, bridge all links in the industry chain, and effectively resolve risk pain points across the entire engineering industry chain, offering customized solutions for each member enterprise. As of 2026, Huiyou Mutual has developed over 300 engineering-related guarantee products, covering the full lifecycle of the entire construction industry chain.
Leveraging Professional Advantages to Support Industry Development
Rooted in deep industry cultivation, Huiyou Mutual actively leverages its professional strengths to participate in industry development, holding regular exchange meetings with industry associations to promote standardized industry growth. Over the years, it has accumulated substantial industry achievements, with its brand strength and industry influence continuously rising.
In terms of industry research and standard development, in 2021, Huiyou Mutual partnered with the China Construction Enterprise Association to release the “Research Report on the Credit Environment of the Engineering Construction Industry and Local Public Credit Evaluation Practices.” In 2022, as a primary drafting unit, it led the compilation of the group standard “Guangdong Province Public Resource Transaction Guarantee Business Specifications,” providing a reference for standardized industry development.
In optimizing local business environments and supporting government reforms, in 2022, Huiyou Mutual was invited to participate in a special training session on the migrant worker wage guarantee fund in Shijiazhuang’s engineering construction sector. In 2023, it deeply engaged in the innovative “Build First, Inspect Later” reform pilot for small-scale projects in Tonglu County, Zhejiang Province, leveraging professional insurance capabilities to empower local engineering construction reforms.
Additionally, Huiyou Mutual has earned multiple industry recognitions and official qualifications thanks to its solid service strength and professional reputation: In 2023, it was awarded the title of 2022 AAA-Level Credit Enterprise (Service Provider) in the construction industry by the China Construction Industry Association. In 2025, it was selected among the top ten property insurance companies by competitiveness (professional category) by Securities Times.
Two-Way Empowerment, Growing Together with Members
As a mutual insurance institution, Huiyou Mutual consistently adheres to walking alongside outstanding member enterprises, following the core philosophy of “mutual aid and shared risk,” and growing and progressing together with numerous industry-leading firms. To date, it has served over 55,000 construction enterprises, with 37,000 member enterprises, including more than 1,500 central and state-owned enterprises. The repurchase rate exceeds 70%, and over 250 enterprises have collaborated for more than five years.
At the same time, its long-term stable service capabilities have continued to gain recognition from leading central enterprises: In 2025, it was shortlisted for the China Minmetals Insurance Shortlist Institution Pool, and in 2026, it won the bid for the 2026–2029 insurance service partnership with CSCEC Yingda.
This recognition from central and state-owned enterprises, as well as the broader membership, is the best testament to the two-way empowerment.
Standing firm in the present, staying true to the original mission. Huiyou Mutual will continue to be guided by member needs, drive collaborative innovation, and deepen its products and services. While supporting the high-quality development of enterprises, it aims to propel the engineering insurance industry to new heights.