Research Article
China IoT UBI Car Insurance Regulatory Development Trend
@INPROCEEDINGS{10.1007/978-3-031-20398-5_2, author={Xiu Wen Ye and Ying Huang and Min Ting Qin and Xiao Ying Huang}, title={China IoT UBI Car Insurance Regulatory Development Trend}, proceedings={Smart Grid and Internet of Things. 5th EAI International Conference, SGIoT 2021, Virtual Event, December 18-19, 2021, Proceedings}, proceedings_a={SGIOT}, year={2022}, month={11}, keywords={Internet of things UBI auto insurance Government supervision Big data}, doi={10.1007/978-3-031-20398-5_2} }- Xiu Wen Ye
Ying Huang
Min Ting Qin
Xiao Ying Huang
Year: 2022
China IoT UBI Car Insurance Regulatory Development Trend
SGIOT
Springer
DOI: 10.1007/978-3-031-20398-5_2
Abstract
The innovation of China's electronic information technology has promoted the birth and development of the new IoT UBI auto insurance in China. IoT UBI auto insurance based on the Internet of things shows the unique functions and advantages of multi-dimensional construction and development, also put forward important requirements for China's multi-faceted supervision, among which the unstable external environment determines that IoT UBI needs stricter and more cautious supervision. Through literature analysis and quantitative analysis, it is found that the Chinese government lacks clear regulations, regulatory policies, and regulatory support for IoT UBI. Based on the lack of national supervision procedures and the difficulty in building the system, it is necessary to establish relevant supervision procedures and future corresponding policies and regulations to provide legal support for national supervision departments, to promote the supervision of IoT UBI in China to be more inclusive and comprehensive.
