Study On The Legal Supervision Of Self-operated Network Platform Of Internet Insurance In China

The comprehensive factors,such as the gradual maturity of the insurance industry,the increasing market demand for insurance products,the vigorous development of Internet technology and e-commerce,and the weak growth of traditional sales channels,have created favorable conditions for the rapid development of Internet insurance.As a new financial management concept and service model,Internet insurance,with its economy,convenience and diversity,promotes the rapid development of the insurance industry,but also brings a lot of convenience to insurance consumers.The development of Internet insurance in China since the late 1990 s has formed a diversified business model.As one of the Internet insurance business models in China,self-operated network platform is a network platform set up by insurance institutions to carry out Internet insurance.There are not only traditional insurance companies and insurance intermediaries using their own network platform to realize the Internet transformation of traditional insurance sales and service mode,but also professional Internet insurance companies generated by the wave of Internet finance.Influenced by the changes of regulatory policies and regulations,the third-party network platform mode,which originally accounted for the largest proportion of the Internet insurance market,is declining day by day.Due to its regulatory convenience,the self-operated network platform mode will gradually become the mainstream business model of Internet insurance in China,and the importance of its legal supervision research is increasingly prominent.Although China has established a legal supervision system for Internet insurance with the Interim Measures for the supervision of Internet insurance as the core,there are still many imperfections in it,which leads to frequent market chaos.Therefore,this paper analyzes the current situation of the legal supervision of the Internet insurance self-operated network platform and the practical problems in the market in China,summarizes the causes of relevant problems,puts forward corresponding suggestions to strengthen the legal supervision of Internet insurance self-operated network platform in China.Apart from the introduction and the conclusion,four parts make up this paper:The initial part is an overview of the legal supervision of Internet insurance proprietary network platform.Firstly,this part briefly describes the concept and characteristics of Internet insurance,and introduces different operation modes of Internet insurance,and analyzes the category of self-operated network platform,and combs the development status of self-operated network platform.Secondly,it analyzes the particularity of legal supervision of self-operated network platform based on economic theories such as information asymmetry.Finally,it analyzes the necessity of strengthening the legal supervision of Internet insurance proprietary network platform in China.The second part is the current situation of the legal supervision system of Internet insurance self-operated network platform in China.Firstly,this part combs the normative documents used in the legal supervision of self-operated network platform in China from the aspects of laws,administrative regulations and rules.Secondly,it summarizes the three principles of the legal supervision of self-operated network platform in China,namely,the principle of consistency,the principle of openness and the principle of moderation.Finally,it analyzes the specific content of legal supervision of self-operated network platform in China by using the classification of subject supervision,operation behavior supervision and insurance product supervision.The third part is the actual problems and system causes of the legal supervision of Internet insurance self-operated network platform in China.Firstly,this part quotes various news reports,industry reports and judicial cases,using data and cases to reveal the four practical problems faced by the legal supervision of the self-operated network platform in China,that is,the high rate of complaints,the repeated prohibition of illegal insurance,the difficulty of online claims settlement and the frequent occurrence of fraudulent insurance events.Secondly,based on the current situation of Internet insurance industry and regulatory system,it summarizes four institutional causes of the problem of self-operated network platform in China,namely,the low market access threshold of the self-operated network platform,the loose supervision of Internet insurance products,the inadequate performance of the explanation obligation of Internet insurance and the imperfection of the anti-fraud mechanism of Internet Insurance.The fourth part is the suggestion to strengthen the legal supervision of Internet insurance self-operated network platform in mainland.Firstly,aiming at the system problems existing in the legal supervision of self-operated network platform in mainland,and referring tothe relevant experience of Taiwan with mature system,this part suggests to carry out four corresponding measures to strengthen the supervision of self-operated network platform,that is,to properly improve the market access conditions of self-operated network platform,strengthen the supervision of Internet insurance products,promote the full performance of the explanation obligations of Internet insurance,and improve the anti-fraud mechanism of Internet insurance.