Year 2020

Home > Major Event > Year 2020 > Feb.

Feb.

Cathay Century’s Accident-free Riders Project was approved by the UK association Social Value International. The project’s social return on investment (SROI) value is 3.30.

Cathay Century identified hotspots within the company in an attempt to reduce carbon emission and pushed forward insurance services in order to manage carbon emission using a scientific approach, thus becoming the first property insurance company to receive Carbon Label, issued by the Environmental Protection Administration.
Based on the goal of “comprehensive identification of risks for all ages,” Cathay Century was the first in the industry to develop an “Accident-free Biker” event for elementary school students to bridge the gap in Taiwan’s education on bicycle safety.

Cathay Life Insurance and Cathay Century participated in the “Security/ Claims Alliance Chain,” which was formed using block chain technology by Life Insurance Association.
Cathay Century cooperated with Costco to introduce the “Cathay Costco Insurance,” which uses data, financial expertise, and the purchase history of Costco members and cardholders to provide digital insurance services.

Cathay Century introduced the “Comprehensive Aquatics Activities Insurance”to suppor t the “Insurance for World Ocean Day” policy implemented by the Insurance Bureau of FSC.

Cathay Century has collaborated with PChome24h to launch Comprehensive Insurance for Mobile Phones. A link to purchase this product is made available after a buyer completes a mobile phone purchase on PChome24h.
Cathay Century and Tainan City’s Bureau of Transportation worked together and used their loss control expertise to publish a “Risk Improvement Recommendation Report” for three reputable universities in Tainan City’s Yongkang District. The report contains a simple “Campus Traffic Risk Heat Map” which serves to raise readers’ awareness of traffic risks, thus reducing traffic accidents.
Cathay Century held a loss control seminar and issues related to the possibility of “another wave of COVID-19” and “compound disaster” were brought up for discussion.

Cathay Century introduced the Usage-Based Insurance (UBI) pilot plan by using “InsurTech trends” and a “driving behavior evaluation model.”