• Report on China's employee welfare and security index in large and medium-sized cities shows that 51.5% of workers have chosento buy commercial supplementary insurance. A survey carried out in Jiangsu, Zhejiang and Fujian shows a 10% rate of joining insurance among private enterprises. In recent years, however, about 70% of the serious accidents happened in small and medium-sized private enterprises.

Problems and challenges arising from employment risks

• In case of an occupational injury, the employer needs to undertake corresponding compensation by itself, which means a highly potential risk
• Commercial insurance prices are affected by factors such as the number of employees, age of employees, industry and nature of work , and group prices are hard to come by if a firm buys it separately from insurance companies.
• The sum insured by commercial insurance is not high enough to cover expenses incurred in the event of an employee accident

SBC smart human resource solutions (overview)

• Employer worry-free insurance plan

  It is applicable to labour-intensive enterprises that are sensitive to costs; a wide range of insurance types, including accidental injury, accidental medical treatment and hospitalization allowance; high insurance amount, with a compensation rate of employee casualties much higher than that of injury insurance; fast claim settlement, with compensation completed within 10-30 working days

• Shebaotong on-line platform

  Support enterprises to complete a series of operations, such as payment, adjustment and supplementary payment through on-line platform and API development port, and offer other services such as deadline reminder, policy information and counseling

• On-line operation platform

  Support staff changes anytime and anywhere; determine the next month's insurance list at the end of the month; settle premiums monthly, which take effect from zero o 'clock on 1st of next month; allow enterprises to identify the beneficiary according to actual demands, with easy on-line operation