City: Become a principal from junior college!

Chapter 548 Is there any work for computer majors?

Chapter 548 Is there any work for computer majors?
"Principal, our Xingchen critical illness insurance sold 70,000 copies on the first day."

“According to market estimates.”

"The sales volume of Xingchen critical illness insurance can reach up to 15 million within a year."

“But it’s hard to continue to rise so rapidly.”

"After all, the price is really expensive, 10,000 per person per year. With the current income level in China, not many families can afford it."

"But students are already planning to launch a new insurance model with low insured amounts, excluding some rare diseases from the coverage, and only keeping the top 20 incidence rates, with the price controlled at around 3,000 per year."

"It will be named Xingchen Critical Illness Insurance No. 2."

“This is a people-friendly version.”

"Secondly, the country is now promoting commercial pension insurance, and Tianhai City has also contacted us, hoping that we can also enter this field."

“There are students already developing the model.”

"As for car insurance, we don't plan to enter the market for the time being. This type of insurance is too lucrative. If the coverage is too good, it may even increase the probability of car accidents."

“But we are involved in both life insurance and accident insurance.”

"We plan to launch the first batch of insurance products this year, and then gradually increase them..."

In the conference room, the teacher in charge of Star Financial Company talked about the current situation of his insurance department and its future development plans.

Ye Chen was very satisfied with this.

Seventy thousand copies of Xingchen critical illness insurance were sold on the first day.

That’s 700 million RMB.

If there are really 15 million users, that would be a full 150 billion in funds.

Most importantly, insurance needs to be renewed.

In other words, 150 billion is deposited every year.

Moreover, the claims ratio was very low in the first five years after the insurance was issued.

It will basically take ten years before the peak period of compensation will come.

Therefore, before that, the funds available to Star Academy will reach a terrifying number.

The most important thing is that this is just one product of Xingchen Critical Illness Insurance.

There will be more products in the future to cover more people.

For example, as the teacher said, critical illness insurance with more affordable pricing.

There is also life insurance, accident insurance, and commercial pension insurance.

These are all very profitable types of insurance.

For example, for life insurance, you can only withdraw cash or make compensation when you reach a certain age.

In the early stage, we basically just kept collecting money.

The same goes for commercial insurance.

Instead, it is calculated based on the rate of return of its own financial company.

This money has always been in the hands of Star Academy, and the scale will only grow.

This made Ye Chen sigh.

The insurance industry really makes money.

But even with such huge profits, insurance companies still insist on cheating.

I can only say that there are too few people who know how to be content.

"Students from the investment department shorted a number of domestic insurance companies listed on the Hong Kong stock market before the Xingchen critical illness insurance was launched."

"Now the stock prices of various companies are still falling."

"It is estimated that their critical illness insurance renewal rate performance next month will be very ugly."

“And when we launch more insurance products, they will fall further.”

"The students planned ahead, and I'm sure they'll make a lot of money this time."

The teacher continued.

Ye Chen’s smile widened.

The money required to start a chip major is indeed too much.

The more money your own financial company makes, the better.

“What are the reactions of various insurance companies?”

Ye Chen was quite curious about how each insurance company would deal with the situation.

Hearing this, the teacher smiled gently: "They reacted quickly and have already planned to transform. I heard that Ping An and China Life are going to launch an insurance product that completely copies our coverage..."

"The price will be about 10 percent lower than ours, in order to compete with us for the market and start a price war."

Hearing this, Ye Chen curled his lips.

Domestic companies will always only engage in price wars.

But the question is, what right do companies have to engage in price wars with each other?

The biggest expense for companies selling insurance is sales expenses.

Some sales expenses can even account for up to 30% of the insurance premium.

It has its own Star Insurance, but it has no sales expenses.

Even without any sales expenses, the profit margin of its insurance products is only 20%.

Are your sales expenses so high?

Is it really not a loss?
Or is it just a price war to lose money?
But if you play it this way, when the peak period of compensation comes, will you be able to afford the compensation?
Anyway, Ye Chen doesn't think highly of these opponents.

Star Financial Corporation never engages in price wars.

Only rely on credibility and quality after-sales service.

You can lower the price as much as you like.

Ye Chen was not worried about the impact these competitors would have.

The teacher's opinion is the same.

Although Star Financial Company has just entered the insurance field.

The other party is the giant in the market.

However, the reputation and credibility of Xingchen Academy can deal a dimensionality reduction blow to these insurance companies.

Those who can afford Xingchen critical illness insurance will not feel sorry for spending the money and buy the cheaper one.

After all, what if it’s someone else’s house and they need to pay compensation, but the insurance company can’t pay?
Those who cannot afford Xingchen critical illness insurance are unlikely to buy it for a mere 10% discount.

Therefore, the opponent's price war is meaningless.

After that, Star Financial Company launched life insurance, commercial pension insurance, and accident insurance.

They can all crush the existing products of other insurance companies.

After all, when any citizen considers buying insurance, what they value most is the credit of the insurance company.

Therefore, it would be good enough for other insurance companies to maintain their current basic base.

The only possibility for them to turn the tables is that Star Academy collapses one day, runs out of money, and is unable to repay.

But how could this happen?

……

The following days.

Xingchen critical illness insurance continues to be popular.

The physical examination departments of the second-class and third-class hospitals across the country are overcrowded.

These people all come for physical examinations in order to purchase Xingchen critical illness insurance.

This even forced Xingchen Financial Company to speed up the recruitment of employees and accelerate the planning of its national branch layout.

In order to provide better after-sales service to insurance buyers across the country as much as possible.

Simultaneously.

Xingchen Financial Company has issued a commission to the college's artificial intelligence major.

I hope that the artificial intelligence major can develop an AI specifically for insurance customer service.

After all, there are really too many insurance buyers who ask questions online.

After all, the pace of life is fast nowadays, and most people can solve problems online with their mobile phones, so they will definitely not go offline.

There are so many requests for consultation.

The AI that financial companies need does not need to be omniscient and omnipotent.

However, you need to have a deep and thorough understanding of your own insurance products, and your logical thinking must be strong enough.

After all, there is no formula for policyholder tips.

It is impossible to predict how the other party will ask a question.

It is even more impossible to predict what kind of messed up questions the other party will ask.

For example, my second uncle’s wife’s nephew is 60 years old. Can he still buy this insurance?

If AI is not smart, it will probably be confused by the relationship chain.

There is no way to answer normally.

Not to mention some details and hypothetical questions.

Most of the AI on the Internet today is essentially only capable of processing and summarizing.

But it's hard to answer more hypothetical, imaginative questions.

The customer service is not up to standard at all.

Therefore, many companies that have begun using AI for customer service are particularly disliked by consumers.

Because these AIs can't do anything.

I can only send you a link to solve some simple operational problems.

If the problem is complicated.

It will just make you describe the problem in more detail over and over again.

Or the answers given are completely irrelevant to your question.

Nowadays, shopping websites, Internet giants, and even mobile communication companies use AI as customer service to save manpower.

But anyone who has tried it knows how stupid these AIs are.

Ultimately, you still have to find human customer service to solve the problem.

It's a complete waste of the user's time.

Therefore, financial companies need a smarter AI that can at least solve problems for 95 percent of their customers.

Rather than artificial intelligence.

It will only bring more trouble to consumers.

This requirement is obviously not simple.

However, after discussing it, the teachers of artificial intelligence decided to take on this task and let the students come up with the idea first.

The third-year students officially started their internships at the college’s artificial intelligence company.

Then officially start the project.

Because if this project can be solved.

It seems to have only solved the needs of Star Financial Company.

But in fact, when AI reaches this capability.

As long as the machine learns the relevant knowledge, it can work as a customer service representative for any company.

Most importantly, we can go further.

For example, our own principal always talks about smart robots that can take care of the elderly and children.

If you want to take care of someone, you have to be able to communicate and understand what people say.

This customer service system is an opportunity.

Even if Star Financial Company had not made this request, they would definitely be involved in the future.

In addition to the demand for intelligent AI customer service.

Xingchen Financial Company also hopes that the college will be able to develop a smart hospital interaction system by then.

This enables the exchange of patient information.

To put it simply, A had a physical examination at Hospital A, and something went wrong. He felt that Hospital A was not capable enough, so he went to Hospital B for treatment.

But when he arrived at Hospital B, he had to tell the doctor about his problem again and undergo another examination.

When you go to some new hospitals for the first time, you may even have to create a new file.

Waste of money, waste of time, and waste of energy.

If they can communicate, then when he goes to Hospital B, Hospital B can directly retrieve his medical records, then find out the problem and check the results of the last examination.

Faster diagnosis and treatment.

This is also good news for insurance companies.

When a policyholder purchases insurance, he or she only needs to give the insurance company permission to view his or her hospital information once.

The insurance company can then confirm more quickly whether the other party meets the insurance criteria.

This will save a lot of manpower and material resources.

It also saves time for patients and hospitals.

Even safer.

After all, doctors can also use patient information to see what medicines the patient has taken before and what he is allergic to.

Thereby avoiding medical accidents.

For some patients who are transferred to other hospitals, the doctors who take over can also better understand the patients' conditions through online information.

This is absolutely beneficial with no harm.

After learning about the financial company's application, Ye Chen also thought that this proposal was good.

It can accelerate the flow of information in society, improve efficiency and enhance experience.

It is also a good thing for the future Xingchen affiliated hospital.

After all, once the Xingchen Affiliated Hospital becomes famous, patients from all over the country will definitely come to see treatment.

Until then, through this system.

Our own doctors can also understand patients more quickly and provide targeted treatment.

Rather than asking the patient without knowing anything.

After all, most patients do not have extensive medical knowledge and find it difficult to describe the problems they encounter.

Some even have ulterior motives and don't say what they should say.

For example, if you are clearly pregnant but deliberately do not tell the doctor, and then take the medicine prescribed by the doctor to treat the illness, even after you recover, you cannot keep the baby.

At this time, they will accuse the doctor of not understanding the situation and giving random treatment.

Extort money.

It can be said that with this medical interconnection system.

This will greatly improve medical services across the country.

But the teacher of artificial intelligence said so.

They can't do this job.

This is what computer science majors should do.

Unless you want to add a large model to this medical system, such as based on the patient's physical examination results and medical history.

Predict what disease the patient may have.

Predicting a patient's chance of recurrence, etc.

Predict what problems the patient might have, what tests should be done, etc.

Otherwise, their artificial intelligence major cannot do this.

Ye Chen nodded and thought it was a good idea.

In Ye Chen’s view, this is the positive development direction of artificial intelligence, which will help all mankind live a better life.

Instead of linking artificial intelligence with advertising and the like.

It's all about cutting leeks.

Ye Chen is very optimistic about this medical interconnection system.

So I handed it over to a computer science teacher.

Let teachers look at the demand and estimate when their students can start building systems of this level.

It can only be said that students majoring in computer science have a hard time.

They are only in their first year of college, but Principal Ye Chen has already arranged their future tasks for them.

……

Xingchen critical illness insurance continues to be popular.

But there are also many people who think it is too expensive.

Because a premium of 10,000 yuan per person per year is indeed not cheap.

Most ordinary families, even a family of three, have to spend 30,000 yuan in insurance premiums a year.

This is definitely a huge expense.

Therefore, many families only buy Xingchen critical illness insurance for their children.

Many netizens have called for Xingchen Financial Company to launch a critical illness insurance with a lower coverage and cheaper premiums.

After all, the popularity brought by Xingchen critical illness insurance these days.

It has also popularized relevant insurance knowledge for many people and deepened their insurance awareness.

They also feel they need insurance.

But there have been too many scandals exposed about other insurance companies these days.

So they thought that since they were buying insurance, it would be better to buy insurance from Star Academy.

Just one step.

Otherwise, it’s better not to buy it.

But Xingchen critical illness insurance is relatively expensive and I simply cannot afford it.

So they hope that Star Financial Company can launch a critical illness insurance product that most people can afford.

Even if the benefits are a little lower.

But at least if something goes wrong, they will have some protection.

Just as netizens were discussing it.

They were wondering whether Star Financial Company would comply with their requests and launch a cheap critical illness insurance.

A bigger news came out.

It instantly attracted the attention of all netizens.

"The first person who needs compensation after taking out Xingchen Critical Illness Insurance has appeared!"

After seeing this news.

Netizens were undoubtedly shocked.

Are you kidding me?
You have to know that Xingchen Critical Illness Insurance has only been on sale for more than 20 days, not even a month!
Getting sick in such a short time?
Why are they so unconvinced?
Therefore, the first reaction of many netizens was that someone was committing insurance fraud.

Most likely they used some trickery to bribe the staff at the medical examination hospital and tampered with the medical examination data, thereby deceiving the Star Financial Company and successfully purchasing insurance.

This kind of thing is not uncommon in the insurance industry.

Most netizens are disgusted by this kind of insurance fraud.

After all, if there are too many people who do not follow the rules and take advantage of loopholes, it will only lead to a decline in welfare.

The most famous company for this is Pitaya, the world's number one mobile phone company.

When the other party first came to China, the after-sales treatment was the same as in the rest of the world.

But it is said that some second-hand dealers took advantage of the after-sales policy of Pitaya and exchanged old machines for millions of new mobile phones in one year.

This directly caused huge losses to pitaya.

Then the after-sales policy changed. If there was a problem, the product would not be replaced with a new one, and the after-sales service became more stringent.

It can be said that these people who play tricks harm the interests of everyone.

This makes it impossible for everyone to enjoy their normal rights and interests.

In this situation, it is normal for everyone to hate such people.

So for a while, the Internet was full of criticism.

Some people believe that Xingchen Financial Company must strictly check the patient's information.

When you discover a problem, make it public immediately and never give the other party an opportunity to take advantage of it.

After all, if the insurance premiums are all taken away by such people.

In the future, people who really get sick will have no money to spend.

So everyone felt that Star Financial Company must be taken seriously.

Kill the chicken to scare the monkey.

However, amid public outrage.

However, Xingchen Financial Company issued a separate announcement.