As we step into the year of 2025, I would like to express my deepest gratitude and highest respect for your exceptional hard work and dedication over the past year.
In 2024, our collective efforts led to extraordinary achievements. We made significant strides in high-quality development and operational excellence, successfully achieving our business goals and creating a remarkable legacy, standing as a shining tribute to the 25 journey of AXA’s entrance in China market.
This year marked a series of milestones for us as we celebrated the 60th anniversary of China-France diplomatic relations and actively embraced the spirit of the Central Financial Work Conference and the new “Ten Measures”. In January, we achieved a breakthrough by signing a memorandum of cooperation with PICC Group, underscoring our commitment to deepening our presence in China. This partnership not only highlights our dedication to support Chinese enterprises in their global ambitions but also showcases our capabilities to deliver cross-border financial solutions and risk management services.
We positioned ourselves as a pioneer in commemorating the fifth anniversary of the establishment of the Lingang New Area. By being the first to complete the entire process of on-site transactions and spearheading the exploration of cross-border data flow, we contributed to the development of the Shanghai International Financial Center and promoting the integration of financial services and technological innovation.
We have also witnessed the historic moment when AXA Partners Meeting was held in Hongkong and Shenzhen, outside Europe for the first time in history ever a powerful demonstration of AXA Group’s strong commitment to support the integrated development of the Greater Bay Area. During this pivotal event, we strengthened communication and cooperation with government stakeholders departments and conducted a successful visit to BYD Group, laying a solid foundation for us to capture immense opportunities brought by the vigorous development of the new energy vehicle industry through comprehensive insurance solutions and risk management strategies.
I wish to see all of us joining forces together for a bold new chapter for the new year of 2025, delivering more value for our customers and the industry at large, Guided by our corporate vision of “From Payer to Partner”, we will drive strategic transformation, optimize our diversified product portfolio, and provide solid and comprehensive protection for all aspects of our customers’ lives through innovative insurance solutions and customer-centric services. Let us remain committed to actively respond to government requirements, upholding group’s ESG standards, and embracing responsible business practices. Together, we will shape a future defined by trust, innovation and impact through ethical governance and sustainable operations.
As we step into the year of 2025, I would like to express my deepest gratitude and highest respect for your exceptional hard work and dedication over the past year.
In 2024, our collective efforts led to extraordinary achievements. We made significant strides in high-quality development and operational excellence, successfully achieving our business goals and creating a remarkable legacy, standing as a shining tribute to the 25 journey of AXA’s entrance in China market.
This year marked a series of milestones for us as we celebrated the 60th anniversary of China-France diplomatic relations and actively embraced the spirit of the Central Financial Work Conference and the new “Ten Measures”. In January, we achieved a breakthrough by signing a memorandum of cooperation with PICC Group, underscoring our commitment to deepening our presence in China. This partnership not only highlights our dedication to support Chinese enterprises in their global ambitions but also showcases our capabilities to deliver cross-border financial solutions and risk management services.
We positioned ourselves as a pioneer in commemorating the fifth anniversary of the establishment of the Lingang New Area. By being the first to complete the entire process of on-site transactions and spearheading the exploration of cross-border data flow, we contributed to the development of the Shanghai International Financial Center and promoting the integration of financial services and technological innovation.
We have also witnessed the historic moment when AXA Partners Meeting was held in Hongkong and Shenzhen, outside Europe for the first time in history ever a powerful demonstration of AXA Group’s strong commitment to support the integrated development of the Greater Bay Area. During this pivotal event, we strengthened communication and cooperation with government stakeholders departments and conducted a successful visit to BYD Group, laying a solid foundation for us to capture immense opportunities brought by the vigorous development of the new energy vehicle industry through comprehensive insurance solutions and risk management strategies.
I wish to see all of us joining forces together for a bold new chapter for the new year of 2025, delivering more value for our customers and the industry at large, Guided by our corporate vision of “From Payer to Partner”, we will drive strategic transformation, optimize our diversified product portfolio, and provide solid and comprehensive protection for all aspects of our customers’ lives through innovative insurance solutions and customer-centric services. Let us remain committed to actively respond to government requirements, upholding group’s ESG standards, and embracing responsible business practices. Together, we will shape a future defined by trust, innovation and impact through ethical governance and sustainable operations.
[Hong Kong, January 9] The new year begins with a powerful momentum for the global insurance industry. Today, AXA Hong Kong and Macau, AXA Tianping Property & Casualty Insurance Co., Ltd. (hereinafter referred to as “AXA Tianping”) and People’s Insurance Company (Property and Casualty Insurance Co., Ltd.) (hereinafter referred to as “PICC P&C”) have taken a transformative step forward to officially signed a tripartite project memorandum of understanding in Hong Kong, establishing a multi-level and multi-field strategic partnership in the field of motor insurance, reinforcing the pivotal role that financial insurance plays in driving real economy growth. By unlocking burgeoning opportunities in the new energy vehicle insurance market in mainland China and Hong Kong, this cooperation promises to redefine industry standards. As the first milestone achievement under the broader cooperation framework between two global insurance powerhouses, this agreement sets a benchmark for cross-border collaboration, heralding a new era of impact and progress sustainable mobility and insurance excellence.
Pioneering a New Era of New Energy Vehicle Insurance in Hong Kong
In the presence of prestigious attendees from PICC P&C, AXA Greater China, AXA Tianping, AXA Hong Kong and Macau, PICC P&C Vehicle Insurance Department Deputy General Manager Rui YAO, AXA Hong Kong and Macau Chief Underwriting Officer Yude HUANG, and AXA Tianping General Manager Assistant Scott YIN signed the tripartite project memorandum of understanding together. This signifies the opening of a new chapter in the strategic cooperation between the two major insurance groups.
Moving forward, the two giants will capacitate their market strengths, leveraging on extensive distribution resources, cutting-edge technology capabilities, and their respective sophistication sharing. Through diverse cooperation paths such as motor insurance reinsurance, they will refine the Hong Kong motor insurance market, support Chinese new energy vehicle manufacturers in their expansion into Hong Kong , and jointly pioneer a new chapter in the financial industry.
CEO of AXA Tianping Kevin Chor said that this cooperation is a powerful testament to AXA’s commitment to China and its continuous investment. It is also a precise insight into the huge potential of the new energy vehicle insurance market. Guided by the spirit of the Central Financial Work Conference and the new “Ten Measures,” we will seamlessly integrate the group’s global high-quality resources, drive cooperation with innovation, firmly grasp the golden opportunities of the Chinese new energy vehicle industry, and continue to create greater value for customers and the industry, striving for progress and prosperity together.
A Benchmark for Financial Opening Up
This year marks the beginning of the third decade of in-depth opening up of the insurance industry, as well as a crucial year for the implementation of the new “Ten Measures.” The successful implementation of the first project of the strategic cooperation between AXA and PICC will undoubtedly be engraved in the history of China’s high-level opening up of the financial industry as a model of Sino-French financial cooperation.
The Central Financial Work Conference and the new “Ten Measures” have outlined a clear vision for financial opening up, emphasizing high-level opening up, safeguarding economic security, and expanding institutional opening up. The strategic partnership between AXA and PICC serves as a vital catalyst comprehensively enhancing the effectiveness of insurance services in supporting the real economy, activating the internal driving force of the industry, and providing a reference and replaceable model for global financial cooperation and insurance innovation.
In November last year, the two parties signed a group-level cooperation memorandum of understanding, jointly exploring international cooperation, product development, and technological innovation to promote the sustainable and healthy development of the global insurance market. With the successful implementation of the first project, subsequent innovative cooperation is eagerly anticipated, with the potential to continue writing a new chapter in the field of finance and insurance.
As a leader among foreign insurers in China, AXA Tianping has consistently adhered to the principle of compliant operation, prioritizing the interests of customers and treating data security as the cornerstone of the its growth. Recently, AXA Tianping was honored with the “Data Compliance” award under the “Corporate Legal Department Award” by “China Business Law Journal” for its exceptional performance in data export compliance at the general committee meeting and academic exchange conference organized by the Shanghai Insurance Association Legal Committee, establishing itself as a benchmark for data compliance within the insurance sector.
In July 2024, AXA Tianping became one of the first property insurance companies to pass the data export security assessment, successfully obtaining approval from the Cyberspace Administration of China for the cross-border flow of personal information for millions of individuals. Mr. Norman Luo , the head of the Legal and Compliance Department and the Personal Information Protection Officer, emphasized the importance of legality, legitimacy, and necessity in data export processes, stating, “We always prioritize the security of customers’ sensitive personal information and ensure customer information security by continuously optimizing the data export compliance system.” The Legal and Compliance Department, staffed by experienced legal and compliance management experts, actively participated in the data export security assessment, conducting a comprehensive evaluation of the company’s data export purposes, scope, methods, and security measures. They drafted the data export security self-assessment report and evaluation declaration, fortifying AXA Tianping’s data security with a robust defense mechanism.
Furthermore, AXA Tianping has made significant contributions to the exploration of personal information management compliance in the insurance industry under the “Regulations for the Implementation of the Consumer Rights and Interests Protection Law.” On December 12, 2024, at the general committee meeting and academic exchange conference organized by the Shanghai Insurance Association Legal Committee, Mr. Norman Luo delivered a presentation titled “Compliance and Practice of Data Cross-border Flow in the Insurance Industry under Article 23 of the Consumer Rights and Interests Protection Law.” He provided an in-depth analysis of relevant legal and regulatory frameworks and shared practical experiences in data export security assessment. He reminded the insurance industry of the need for extra caution when handling customers’ sensitive personal information, offering valuable insights and references for industry compliance management.
AXA Tianping recognizes that the company’s development is intertwined with the flourishing of the insurance industry, and the prosperity of the industry hinges on the collective efforts of all entities involved. Therefore, AXA Tianping openly shares its compliance experience, engaging in candid and fruitful exchanges with other enterprises, regulatory authorities, universities, and other stakeholders. The company contributes its expertise and insights to enhance industry compliance standards, fostering an open and collaborative approach. By doing so, AXA Tianping collaborates with all parties to advance towards a new era of compliant development in the insurance industry.
As we approach the end of the year, AXA Tianping Insurance Co., Ltd. is celebrating a series of notable achievements, earning awards for its exceptional service, commitment to ESG (Environmental, Social, and Governance) , and powerful philanthropy contribution to our community, underscoring AXA Tianping’s leadership and dedication across various domains.
上海证券报“上证·金理财”年度保险服务奖
Shanghai Securities News “Golden Finance” Annual Insurance Service Award
In a prestigious event hosted by Shanghai Securities News, a subsidiary of Xinhua News Agency, AXA Tianping was honored with the “Golden Finance” Annual Insurance Service Award for its “WE CARE AXA Good Service” initiative. The award, bestowed on December 21, 2024, acknowledges AXA Tianping’s unwavering commitment to customer-centric service and its outstanding one-stop service capabilities. The competition, featuring over 120 institutions and 280 brands, teams, and products, showcased AXA Tianping’s strong industry reputation and its ability to deliver exceptional service in a competitive landscape.
今日保“年度最具ESG价值公司”
Today’s Insurance “Most Valuable ESG Company” Award
On December 16, 2024, AXA Tianping was recognized as the “Most Valuable ESG Company” at the 2024 Insurance Annual Investment Value List, jointly presented by the Central University of Finance and Economics and Today’s Insurance. The accolade highlighted AXA Tianping’s “AXA Week for Good Campaign” that addresses the importance of sanitary water for vulnerable communities, showcasing its dedication to ESG and societal responsibilities.
In partnership with the Aiyou Charity Foundation, AXA Tianping donated water purification equipment to 712 underprivileged children at the Naituo Town Central Primary School in Liangshan Yi Autonomous Prefecture, Sichuan Province. This initiative not only addressed the critical need for safe and clean drinking water but also enhanced the children’s health awareness and hygiene habits. AXA Tianping’s efforts, including employee volunteering initiatives and on site visits, demonstrate its commitment to making a positive impact in the communities it serves.
公益节“ESG典范企业奖”与“公益案例”大奖
Public Welfare Festival “ESG Model Enterprise Award” and “Public Welfare Case Award”
AXA Tianping’s dedication to ESG and community impact was further recognized at the 2024 Public Welfare Festival, where the company was awarded the “ESG Model Enterprise Award” and the “Public Welfare Case Award.” These honors, were presented at the festival in Beijing on January 9，2025, celebrate AXA Tianping’s commitment to building a sustainable future through public welfare innovation and ESG leadership.
AXA Tianping’s participation in the “Brands with Societal Responsibilities” exhibition will showcase its impactful initiatives, including the “AXA Week for Good” project. The company’s unwavering dedication to “people-oriented, service-first” principles is evident through its ongoing efforts to support vulnerable groups and promote sustainable development.
Through aforementioned initiatives and environmental protection actions, AXA Tianping demonstrates its commitment to creating a positive and sustainable impact in society.
The 2024 Data & Security Open Day Event Successfully Concludes
2024年12月3日，由总公司大数据应用部与安全部联合主办的第五届Data & Security Open Day活动在公司总部启幕。本次活动以“向AI而行 共筑新质生产力Towards AI New Productive Force”为主题，通过线上线下相结合的方式，为大家呈现了AI技术的发展与应用前景。
2024 Data & Security Open Day系列活动圆满落下帷幕。此次活动全面展现了公司在AI领域的最新成就，深化了对AI技术的理解，激发了探索热情，同时也提升了对AI合规与安全的警觉意识。让我们共同期待2025年的Open Day活动，相信在未来的日子里，我们将携手共进，继续探索AI的无限可能，共同筑梦新质生产力！
On December 3rd, 2024, the fifth Data & Security Open Day, collaboratively organized by the Big Data and Security Department, kicked off at the company’s headquarters. This year’s event, themed as “Towards AI New Productive Force”, aims to present the prospects of the application and development of AI technology through a combination of online and offline methodologies.
The offline event started with an AI presentation by digital avatars of the management team, following our CEO Kevin’s digital speech, made possible through AI sound synthesis technology that can accurately convert text into realistic voice, presented a series of exciting activities allowing participants to experience AI technology immersively, largely enhanced their understanding of AI applications. This technology has a wide range of applications in customer service, marketing and promotion, etc.
4 AI application booths were set up at the event site: Good IT booth, Data Robot booth, Digital Human booth and Security booth. Not only did it convey AI theoretical knowledge, but it also displayed the research results of various departments in the field of AI, while allowing everyone to experience AI technology firsthand. The Good IT booth aims to improve the efficiency of operation and maintenance services through AI Good IT intelligent robots. It does this through the use of intelligent dialogue and automatic processing of work orders, thereby improving user experience and satisfaction; the Data Robot booth introduced a new generation of reports based on AI data robots, allowing users to query, analyze, and automatically generate reports through dialogue, hence improving data services and report experience; the Digital Human booth demonstrated that AI digital humans, create virtual human images through simulations and emulate human behavior, which can provide 24-hour services and greatly improve the service efficiency of insurance companies; the Security booth aims to emphasize that hackers are using AI technology to carry out fraudulent activities, and through AI digital humans simulating AI “face-changing” mini-games, participants experienced the power and potential risks of AI technology. The participating colleagues showed great interest in AI technology, experienced various AI applications, and held heated discussions based on specific work scenarios.
At the AI workshop, an Alibaba New Finance East China Region Solution Expert was invited to give an informative speech entitled “Big Models Help Insurance Business Innovation”. The innovative application of AI big models in insurance business was deeply analyzed, which brought profound inspiration and thinking to the participants, who enthusiastically raised questions for interaction.
The Security team also carried out “Ballon Action” at the headquarters to enhance employees’ awareness of Clean Desk Policy and information security — red balloons are inserted as a warning for those whose desks are not meeting the requirements; as for those whose desks are of the company’s “clean desk standards” stickers are given as rewards.
Another important activity launched by Security team, the “2024 Business Continuity Drill”, was successfully completed on December 11th. Based on the compliance with regulatory and group requirements, this drill integrated desktop simulation and DR testing for the first time, simulating a series of emergency measures after the data center caught fire, and connected a series of IMT/CMT/DR/BCP protocols, aiming to improve our company’s emergency response capabilities and level of teamwork in emergencies.
Online activities are also filled with highlights. In the corporate WeChat check-in session, based on the template of flash cards, an interactive section for answering questions was added, which not only enhanced the competitiveness and fun of the event, but also allowed everyone to gain an in-depth understanding of AI applications, AI security and AI compliance knowledge during the question-answering process. At the same time, the workplace TV screen scrolls through the event participation and ranking in real time. This year, the head office and all institutions participated in the online event, creating a strong competitive atmosphere and achieving good experience and feedback.
The “2024 Data & Security Open Day” had come to a successful conclusion. This event fully demonstrated the company’s latest achievements in the field of AI, deepened the understanding of AI technology, stimulated the enthusiasm for exploration, and increased awareness of AI compliance and security. Looking forward, we infinite possibilities of AI and new quality productivity we be created!
Recently, AXA Group released the “2024 Future Risks Report” (hereinafter referred to as the “Report”), which summarizes the top ten global risks based on the insights of over 3,000 experts and surveys of over 20,000 representative samples from more than 50 countries and regions in Europe, the Americas, and the Asia-Pacific. The report provides an authoritative reference for predicting and responding to future risks.
Thomas Buberl, CEO of AXA Group, stated that the 2024 edition of the Report offers valuable insights and highlights the diverse and severe challenges currently overshadowing the world. For the third consecutive year, climate change, geopolitical instability, and cyber security risks top the list of concerns among experts. Faced with increasing vulnerability, Thomas Buberl emphasized that individuals and organizations should seize opportunities to develop new solutions to mitigate future risks. AXA will continue to work tirelessly to fulfill its commitment and mission of “protecting life’s essentials and advancing human progress.”
Combining expert opinions and survey data, the Report reveals the top ten global risks for 2024: climate change, geopolitical instability, cyber security risks, risks related to artificial intelligence and big data, social tensions and movements, risks to natural resources and biodiversity, energy risks, new security threats and terrorism, epidemics and infectious diseases, and financial stability risks.
The Report emphasizes that the impact of multiple global crises on everyday life is becoming increasingly pronounced. 87% of experts believe that the world is more vulnerable as opposed to five years ago. At the same time, the Report points out that insurance companies, including AXA, are core participants in global efforts to address major challenges. 91% of experts and 72% of respondents believe that insurance companies should continue to play a key role in mitigating risks.
This is the 11th time that AXA Group has released this forward-looking report with a global perspective. It aims to leverage its professional risk management expertise and global network resources. By collaborating with authoritative research firm Ipsos, AXA provides insights and analysis for individuals, businesses, risk management professionals, and policymakers. The goal is to achieve effective prediction, prevention, and mitigation of risks, leading the way towards global sustainable positive development.
I’d like to extend my warmest greetings to everyone at the special season when autumn crispness gives way to winter.
On November 19-20, AXA marked a historic milestone as AXA Partners Meeting has been held for the first time outside of Europe, in the Greater Bay Area, spanning Hongkong and Shenzhen. With nearly 50 senior leaders in attendance, the meeting sparked vibrant discussions about AXA’s future, reaffirming our collective vision for growth and innovation.
The timing couldn’t be more symbolic, coinciding with the 60th anniversary of diplomatic relations between China and France, and the 25 years of AXA’s presence in China, setting stage for a meaning dialogue and collaboration.
The meeting delivered significant outcomes. Our global leadership team praised AXA Tianping’s achievements during its transformation journey. A particular highlight was our visit to BYD Group headquarters where we gained an in-depth view of the tremendous growth and relentless innovation driving China’s new energy vehicle industry. The visit sparked insightful discussions about risk management and underwriting opportunities tailored to NEVs. We’ve also recognized the the strong synergies between AXA’s global network and insurance capabilities with BYD’s expanding international presence. Together, we look forward to exploring partnerships that support the sustainable growth of China’ NEV sector.
On November 21, AXA Group and PICC Group took a significant step forward by signing a memorandum of cooperation in Beijing. This partnership underscores a shared commitment to combining our strengths, exploring global collaboration opportunities and driving innovation in products and technologies for the purpose of driving sustainable and healthy growth of the global insurance market together. This strategic move reflects AXA Group’s strong support for the “Belt and Road” Initiative and its dedication in as siting Chinese enterprises in their international expansion. By joining forces, AXA and PICC are setting a new benchmark for Sino-French cooperation in finance and insurance sectors, strengthening ties between the two organizations while positively shaping the global insurance landscape.
The recent Partners Meeting in China and the partnership with PICC exemplify AXA Group’s unwavering confidence in China’s development prospects and its resolute determination to grasp the opportunities presented by the high-quality development of the Chinese insurance industry. AXA Tianping is also making great strides towards a new era of profitability driven by the unwavering dedication and teamwork of our exceptional staff.
Looking ahead, we will fully harness the power of AXA Group’s global network, embrace policy opportunities.By strengthening strategic partnerships with cross-industry leaders, we aim to uphold our values of integrity, foster innovation, and achieve steady, sustainable growth for a brighter future.
I’d like to extend my warmest greetings to everyone at the special season when autumn crispness gives way to winter.
On November 19-20, AXA marked a historic milestone as AXA Partners Meeting has been held for the first time outside of Europe, in the Greater Bay Area, spanning Hongkong and Shenzhen. With nearly 50 senior leaders in attendance, the meeting sparked vibrant discussions about AXA’s future, reaffirming our collective vision for growth and innovation.
The timing couldn’t be more symbolic, coinciding with the 60th anniversary of diplomatic relations between China and France, and the 25 years of AXA’s presence in China, setting stage for a meaning dialogue and collaboration.
The meeting delivered significant outcomes. Our global leadership team praised AXA Tianping’s achievements during its transformation journey. A particular highlight was our visit to BYD Group headquarters where we gained an in-depth view of the tremendous growth and relentless innovation driving China’s new energy vehicle industry. The visit sparked insightful discussions about risk management and underwriting opportunities tailored to NEVs. We’ve also recognized the the strong synergies between AXA’s global network and insurance capabilities with BYD’s expanding international presence. Together, we look forward to exploring partnerships that support the sustainable growth of China’ NEV sector.
On November 21, AXA Group and PICC Group took a significant step forward by signing a memorandum of cooperation in Beijing. This partnership underscores a shared commitment to combining our strengths, exploring global collaboration opportunities and driving innovation in products and technologies for the purpose of driving sustainable and healthy growth of the global insurance market together. This strategic move reflects AXA Group’s strong support for the “Belt and Road” Initiative and its dedication in as siting Chinese enterprises in their international expansion. By joining forces, AXA and PICC are setting a new benchmark for Sino-French cooperation in finance and insurance sectors, strengthening ties between the two organizations while positively shaping the global insurance landscape.
The recent Partners Meeting in China and the partnership with PICC exemplify AXA Group’s unwavering confidence in China’s development prospects and its resolute determination to grasp the opportunities presented by the high-quality development of the Chinese insurance industry. AXA Tianping is also making great strides towards a new era of profitability driven by the unwavering dedication and teamwork of our exceptional staff.
Looking ahead, we will fully harness the power of AXA Group’s global network, embrace policy opportunities.By strengthening strategic partnerships with cross-industry leaders, we aim to uphold our values of integrity, foster innovation, and achieve steady, sustainable growth for a brighter future.
25 employees from headquarters and branches have stood out at the end of the AXA Star Nomination, being awarded for embedding AXA values throughout their daily work. A special column has been created for us to know them better.
This month, we will delighted to introduce two Transformation Stars: Xing Qingmeng from the Financial Accounting Planning Department and Wei Maoxin, head of the Non-motor Insurance Marketing Department II of AXA Tianping Qingdao branch.
Xing Qingmeng, working for reinsurance accounting, has actively participated in and promoted the company’s transformation from 1.0 to 3.0 in the past four years since joining AXA. He has not only participated in the implementation of new businesses like the GBA Greater Bay Area cross-border reinsurance project for Hong Kong vehicles, but also actively supported the construction of the Linjiang Reinsurance Center, assisting the company in responding to national policies and opening new channels and platforms.
In terms of financial transformation, he assisted the Finance Department in adopting optimization measures such as Funds withheld clauses, effectively improving the company’s solvency. Especially in 2023, under the circumstances of personal information outbound restrictions, he innovatively adapted data processing methods, ultimately leading to the implementation of Funds withheld clauses, optimizing the company’s solvency by approximately 15 percentage points in the fourth quarter of 2023.
Xing Qingmeng’s outstanding contributions in 2023 include:
Successfully entering GBA business into the system and completing the first batch of reconciliation and settlement.
Timely completing the financial system data docking, account setting, and account opening for the Reinsurance Center, supporting the Linjiang Reinsurance Center in undertaking the business of the Shanghai Insurance Exchange International Board.
Receiving a letter of gratitude from the Shanghai Insurance Exchange, affirming his support in the construction of the Shanghai Insurance Exchange settlement platform.
Optimizing the company’s solvency by approximately 15 percentage points in the fourth quarter of 2023 through Funds withheld and LOC measures.
Q1: How does it feel to be awarded AXA Star?
It is an honor and a pride to be awarded AXA Transformation Star. To be a ripple in AXA’s grand transformation journey, I couldn’t have done it without the teamwork, the guidance of leaders, and the efforts of every colleague working towards the common goal. In the great river of the company’s transformation, any of us could be the next ripple.
Q2: What are your habits to keep confident, healthy and positive?
I persist in jogging in the morning, exercising my body, clearing my mind, and preparing for the day ahead.
Q3: Please share with us a book, a movie or a theatre piece.
As a law enthusiast, I recently read Luo Xiang’s “Details of the Rule of Law.” One cannot try to discover what he already knows, nor can he try to discover what he does not know. He cannot discover what he knows because there is no need to explore once he knows; he cannot discover what he does not know because he doesn’t even know what he should explore.
Socrates’ solution to the paradox is that all knowledge and exploration are only a form of memory. For the ignorant, one only needs to remind them so that they can recall what they already know. The desire for fairness and justice is the factory setting of human beings, it doesn’t need to be instilled, just activated.
Constantly remind yourself not to exploit others, not to use others’ suffering. For things we cannot control, we remain optimistic; for things we can control, we remain cautious.
Wei Maoxin, head of the Non-motor Insurance Marketing Department II of AXA Tianping Qingdao branch, has closely followed the company’s strategy and actively participated in the development of non-automotive insurance business since joining AXA in 2018. In 2021, he proactively transformed to the frontline sales, leading the team to develop the health insurance, commercial insurance, and retail insurance markets. Faced with unfamiliarity in the early stage of business transformation, he quickly grew into a competent channel business promoter through hard work and practice. He actively held channel morning meetings, thoroughly explaining the AXA brand, products, and services, winning the recognition and trust of business partners.
Wei Maoxin’s outstanding contributions in 2023 include:
Excellent performance in health insurance business: Leading the team to achieve a premium income of 6.95 million yuan in health insurance business, exceeding the annual plan by 950,000 yuan, with a year-on-year growth of 44%. The ATP of Qingdao Branch accounted for more than 85% of the premium in the Qingdao mid-end medical insurance market, and AGH accounted for more than 60% in the Qingdao high-end medical insurance market, maintaining a leading market position.
Actively participating in the work of the headquarters Marketing Department: Providing ideas and participating in script modifications for the health management service video, contributing to the enhancement of the AXA brand image.
Actively holding channel production meetings: Conducted more than 100 sessions in 2023, and won the honorary title of three-star lecturer from the headquarters due to outstanding performance. He ranked first in the lecturer competition, thoroughly explaining products and services to business partners, and enhancing the team’s professional capabilities.
Q1: How does it feel to be awarded AXA Star?
I am very grateful to the leaders and colleagues from headquarters and branches for recognizing me with the title of “Transformation Star.” Behind this glorious title is more the guidance of branch leaders and the support of colleagues. I will continue to follow the transformation strategy of headquarters, execute the work indicators of the branch, and use my own actions to drive more colleagues to contribute to the development of the company.
Q2: What are your habits to keep confident, healthy and positive?
In my spare time, I like to make various models. I feel that making models is a process that allows me to calm down and focus on research, just like dealing with the mundane tasks at work. It is like every small “part,” calm down, polish each “part” repeatedly, assemble each “part” reasonably, and finally process all the work smoothly.
Q3: Please share with us a book, a movie or a theatre piece.
I recently read “Growth Upward” by Jiubian. This book conveys a positive energy, encouraging us to believe that we can create a better life and become a better self. The book emphasizes that strong people are optimistic about the future but cautious in dealing with current challenges. This optimism is not blind but based on a deep understanding of life and the world.
