PICC's Liu Min: "Data Table Protection Insurance" Reduces Trial-and-Error Costs for Enterprises, Enhances Professional Service Ecosystem for Data Assets

Deep News11-15

At the 27th China Hi-Tech Fair held in Shenzhen from November 14 to 16, 2025, Liu Min, Director of the Technology Insurance Center at The People'S Insurance Company (Group) Of China Limited (PICC), shared insights on the latest practices in data assetization during the "China Hi-Tech Forum."

Liu highlighted that data has been officially recognized as a new production factor, prompting more enterprises to embark on data assetization under policy guidance. By Q3 2025, 102 A-share listed companies disclosed progress in data table inclusion, involving a total amount of approximately RMB 3 billion. These practices have unlocked corporate data value, supported market capitalization management, and enhanced core competitiveness.

However, Liu noted that the number of enterprises and cases involving data table inclusion remains limited. The process demands significant human, material, and financial resources, with no guarantee of success. Failed attempts result in sunk costs for businesses.

To address this challenge, PICC launched "Data Table Protection Insurance," which mitigates trial-and-error costs by covering expenses and risks associated with failed data table inclusion. The product also fosters the development of professional services like data asset valuation, auditing, and consulting.

Liu emphasized PICC's collaboration with ecosystem partners, including the Shenzhen Data Exchange, to advance data element markets. The company aims to strengthen risk management tools, ensuring stability and resilience in the digital economy.

Looking ahead, PICC plans to work with partners to further support corporate data asset protection and AI industry growth through innovative insurance solutions.

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