On the afternoon of June 23, 2026, China Pacific Property Insurance Co., Ltd. (referred to as "PICC P&C") held a special event titled "PICC Supports the Development Forum of Emerging Pillar Industries and New Product Launch" in the supply chain exhibition area at the 4th China International Supply Chain Promotion Expo (referred to as "Chain Expo").

The theme of this special event was "Insurance Empowers New Quality Productive Forces, Safeguarding the High-Quality Development of Emerging Pillar Industries." Experts and scholars were invited to discuss risk management and high-quality development of emerging pillar industries during the 14th Five-Year Plan period, launch new models and products for low-altitude economy services by PICC, and hold a signing ceremony for the first order of new products and a memorandum of cooperation for the industrial chain. Representatives from 46 relevant units in the industrial chain attended the event.

Interpreting the Path and Achievements of Insurance in Supporting the Development of Emerging Pillar Industries

Experts at the conference based their discussions on the overall planning of industrial development during the 14th Five-Year Plan, systematically interpreting the strategic positioning, development direction, and growth characteristics of the emerging pillar industrial chain. They precisely analyzed the current situation of new business formats, which involve significant upfront investment, rapid technological iteration, and prominent uncertain risks, and elaborated on the pathways for insurance to empower industrial risk management from a theoretical perspective.

PICC P&C comprehensively introduced its strategic layout, comprehensive protection plans, and practical cases in the six emerging pillar industrial chains, visually presenting the company's practical achievements in safeguarding and strengthening the industrial chain, and showcasing PICC P&C's independent intellectual property achievements in serving the emerging pillar industries, providing new solutions for insurance product innovation, precise pricing, and refined risk control.

Roundtable Forum "Dialogue with the Future" Low-Altitude Economy Insurance Has Great Potential

During the "Dialogue with the Future" roundtable forum, representatives from various fields, including research institutions, general aviation, aircraft manufacturing, and low-altitude operations, gathered to engage in in-depth discussions. Participants analyzed the problems and bottlenecks currently faced by the low-altitude economy industry in areas such as research and development flight testing, cross-regional flights, component supply, and corporate operational investment, exploring solutions and building consensus for development. All parties agreed that low-altitude economy insurance plays a significant role and has broad development potential, necessitating continuous enrichment of product supply, establishment of comprehensive protection covering the entire process of aircraft design, testing, and flight testing, reliance on digital technology to build a dynamic risk monitoring platform, and promotion of insurance services from post-event compensation to pre-warning and in-process control. Additionally, they advocated for differentiated pricing, long-term stable underwriting, and convenient claims services, along with supporting risk reduction services such as safety training and risk surveys. There is a need to deepen collaboration between industry, academia, and research, assist in the research and application of domestic aviation components and supply chain backups, enhance the autonomous controllability of the industrial chain, improve industry operation standards and risk control technical specifications, and build a collaborative development pattern for the low-altitude economy industry.

PICC P&C Launches New Models and Products for Low-Altitude Economy Insurance

At the event, PICC P&C officially launched the "PICC Drone Liability Risk Pricing Model" as well as two innovative products: "Drone Performance Third-Party Liability Insurance" and "Low-Altitude Aircraft Research and Test Flight Loss Compensation Insurance," continuing to lead the professional track of low-altitude economic insurance services. The new products effectively disperse the risks of third-party personal and property losses caused by accidents during drone performances, as well as the risks of damage due to design, manufacturing, or installation errors, casting and raw material defects during the research and test flight phase of low-altitude aircraft, accurately aligning with the actual protection needs of the industry. After the launch ceremony, PICC P&C held a signing ceremony for the first policy of the new products with two companies, establishing a solid safety barrier for low-altitude economic enterprises with professional and solid insurance services.

Building a Collaborative Circle for the Development of Emerging Pillar Industries with PICC's Support

At the end of the event, PICC P&C, together with 10 cooperative units from the low-altitude economy and intelligent robotics industry chains, signed the "Comprehensive Risk Protection Strategic Cooperation Memorandum" and the "Innovative Development Cooperation Memorandum," aiming to strengthen the optimization design of insurance products, collaborative cooperation in insurance business, and exchange and discussion of risk control technologies based on the needs for quality upgrades in industrial risk management and insurance services, thereby supporting the safety and stability of the industrial chain and jointly promoting the high-quality development of emerging pillar industries.

Keywords: PICC P&C, low-altitude economy, intelligent robotics