the signing ceremony

PICC Property and Casualty Co Ltd will provide insurance protection and risk assessment for Shanghai World Expo 2010 under a partnership contract signed with the Expo organizers today.

The 58-year-old PICC P&C, the largest non-life insurer in China, is the ninth global partner of Shanghai Expo.

The company has been working on the insurance protection plan for the six-month event since Shanghai won the bid to host Expo 2010, the organizers said.

Shanghai Vice Mayor Yang Xiong said Shanghai Expo featured a long period, massive size and great impact in a city or country's development. So risk prevention and security assurance is an important foundation in hosting a "successful, splendid and unforgettable" Expo. 

Shanghai Vice Mayor Yang Xiong

The company, also a global partner of the Beijing Olympics 2008, will provide high-quality services and strong support for the Expo by using its rich experience in big events, Wu Yan, chairman of PICC P&C, said at the signing ceremony.

Zhou Yanli, vice chairman of the China Insurance Regulatory Commission, said PICC P&C, with a good social image and business credibility, is capable of providing complete insurance services to the Expo.

Zhou Yanli, vice chairman of the China Insurance Regulatory Commission

World Expo 2010's global partners can use the brand to promote its business globally. Global partners also get priority status to open a corporate pavilion at the site.

China Eastern Airlines, China Mobile, China Telecom, the Bank of Communications, a joint venture of Shanghai Automotive Industry Corporation Group and General Motors, Siemens, Coca-Cola and State Grid have signed global partner deals with World Expo 2010.

The marketing plan of Shanghai Expo includes partnership, senior sponsorship and project sponsors.

Wu Yan, chairman of PICC P&C

signing ceremony

signing ceremony