JR/T 0038-2007 in English
VALIDGuideline for standardization of Insurance industry
- Issued on:2008-01-18
- Implemented on:2008-01-18
- File Format:PDF
- Delivery:Via email within 8 business days
$592.00
Introduction
Analysis of the core framework of the standard
| Standard categories | Main contents | Typical examples |
|---|---|---|
| Basic standards | Term definitions, data elements, classification codes | Insurance Terminology (JR/T 0030) |
| Regulatory standards | Information disclosure, solvency assessment | Regulatory report format specifications |
| Business standards | Policy terms, service processes | Electronic policy data specifications |
Key process of standard setting
Standard setting is divided into 9 stages:
- Preliminary stage: Feasibility study (project proposal needs to be submitted)
- Project establishment stage: plan is issued after approval by the CIRC
- Drafting stage: working group completes the draft for comments
- Review stage: review requires approval by three-quarters of the committee members
- Approval stage: final release by the CIRC
insurance intermediaries should pay special attention to the business collaboration requirements with insurance companies when participating in standard setting.
Implementation points and case analysis
The practice of a large insurance company in implementing the electronic policy standard:
- Establish an enterprise standardization committee to coordinate the transformation
- Adjust 12 internal processes in accordance with JR/T 0038
- Save document printing costs by 35%
Standard evolution trend
Forecast of revision direction in 2023:
- Strengthen Internet insurance business specifications
- Increase data security technical requirements
- Refine cross-border business standard coordination

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