ShanghaiJune 18, 2026 /PRNewswire/ — From June 17 to 18, the 2026 Lujiazui Forum was held in Shanghai. As a foreign-funded insurance institution participating for the seventh consecutive year, AXA Tianping actively shared the global implementation practices of empowering Chinese new energy vehicle insurance overseas. In an exclusive media interview, AXA Tianping CEO Zuo Weihao stated that the company is positioned as a “trust bridge” for Sino-foreign cooperation, leveraging global experience combined with local insights, relying on technology output and product innovation to fill market gaps, coexisting and thriving with Chinese institutions, and promoting Chinese new energy vehicles from product output to rule output, building a solid risk protection network for the global expansion of Chinese enterprises.
Cooperation Over Competition: Chinese and Foreign Institutions “Coexist and Thrive”
Currently, the export scale of Chinese new energy vehicles continues to rise, and the supporting guarantee of “where the car goes, insurance follows” is also accelerating globally, becoming an inevitable demand in the new energy vehicle export industry chain. As the competition for insurance policies going overseas begins, Chinese and foreign insurance companies have gradually formed distinctly different overseas service paths: relying on the first-mover advantage of local data and deep reach into automotive channels, Chinese insurance companies are deeply tied to OEMs, while foreign insurance companies rely on mature local compliance experience and a global underwriting network to drive business and services.
Zuo Weihao pointed out in his analysis that the overseas expansion of Chinese new energy vehicles has entered a systematic stage, with complexity far exceeding the coverage boundaries of a single insurance company—overseas market access qualifications, local compliance requirements, localized service networks, and other elements are indispensable, making it difficult for a single insurer to independently complete the full chain coverage.
“On the track of new energy vehicle overseas expansion, Chinese and foreign institutions have never been a ‘zero-sum game,’ but rather ‘coexist and thrive,'” Zuo Weihao said. “Chinese insurance companies lack overseas ‘legs,’ while foreign insurance companies lack Chinese ‘data.’ Taking AXA Tianping as an example, our core value is to act as a ‘stitcher’ and a trust bridge, piecing together both sides through differentiated advantages. AXA Tianping, relying on the global layout of the AXA Group, plays a pivotal role in ‘global capabilities + local insights,’ providing Chinese automotive companies with a full-chain safeguard of ‘compliance access + risk intervention + cross-border fast claims.'”
Continuously Expanding Strategic Cooperation Territory, Fully Supporting Chinese Enterprises Going Global
As one of the largest wholly foreign-owned property insurance companies in China, AXA Tianping has been deeply rooted in China for 27 years, fully leveraging its hub advantage of connecting the Group’s global resources to serve China, and fully supporting Chinese enterprises in going global.
Relying on the Group’s global network, risk research, and data insights, AXA Tianping has taken the lead in promoting strategic cooperation with the People’s Insurance Company of China (PICC) in areas such as local insurance services, underwriting capacity connections, shared service networks, reinsurance business collaboration, and product and technology innovation. It has innovatively built a “technology + reinsurance + channel” trinity collaborative guarantee model, achieving successive implementation of cooperation from Hong Kong and Southeast Asia to Latin America.
Earlier this year, AXA Tianping, PICC Property and Casualty, and AXA Colombia signed a tripartite cooperation memorandum, taking the lead in deploying in Latin America, innovatively launching insurance products tailored to the local market, filling market gaps in local new energy vehicle risk assessment standards, product pricing, and services, and helping upgrade from “product output” to “rule output.”
At the same time, to continuously strengthen professional service capabilities in new energy vehicle insurance, AXA Tianping has also established a dedicated New Energy Vehicle Insurance Center of Excellence. Using this platform, it actively develops insurance products suitable for overseas markets, filling market gaps in local new energy vehicle risk assessment standards, product pricing, and guarantee services, injecting strong momentum into industry innovation.
Looking to the future, AXA Tianping will continue to leverage the synergistic effect of global resources and local insights, working with industry partners to build a more open and efficient insurance service ecosystem, helping Chinese brands move from “product output” to more resilient global development.
(Source: Interview with “National Business Daily”)