Strengthening the Resilience of Social Assets

Fubon Insurance and Fubon Life have led the industry in taking steps to help improve the resilience of social assets, including by developing disaster prevention services, agriculture insurance, and eco-friendly car insurance to strengthen society’s ability to withstand disasters. These initiatives echo SDG 11, which is to make cities and human settlements inclusive, safe, resilient and sustainable.

Initiatives 2018 Action Plans Results
Pre-disaster Prevention and Post-disaster Loss Control Services Continue to help companies repair and salvage equipment damaged in disasters.
  • Helped 7 high-tech companies repair and salvage equipment damaged in disasters, providing a combined benefit of more than NT$100 million.
Respond to danger of earthquake risk, continue to help clients around Taiwan re-examine the ability of their machines and equipment to withstand shocks.
  • Helped 32 corporate clients conduct in-depth analyses of causes of problems created by disasters, and organized earthquake risk seminars and customized training programs.
  • After the deadly earthquake in Hualien in 2018, made suggestions to vendors of stone building materials on how to store them to withstand shocks from earthquakes.
Assist companies with risk improvement strategies; support their business continuity and emergency response planning.
  • Conducted more than 600 corporate risk assessments in 2018.
Agriculture Insurance Continue to develop new agriculture insurance products.
  • Introduced insurance policies for pear, rice, grouper and milkfish cultivation and coverage for agricultural facilities against flooding from typhoons.
  • Expect to provide banana insurance in 2019 that will rely on unmanned aerial vehicles to survey losses.
New Low-carbon Lifestyle Continue to promote eco-friendly car insurance.
  • Totaled NT$41 million in premiums as of the end of 2018; coverage in the future will be expanded to hybrid vehicles.
Promote Fubon usage-based insurance.
  • A total of 387 customers bought usage-based car insurance in 2018, and reduced travel by an estimated 2.13 million kilometers.
Maintaining the Major Disaster Support and Monitoring Center Inspect the center’s equipment regularly.
  • Checked the center’s equipment on a weekly basis to make sure it was functioning properly.
Continue to recruit enthusiastic volunteers to assist with disaster relief.
  • Made a volunteer recruitment video and posted it on Sept. 26; helping increase the number of volunteers by 242 people on the day posted.
Spread knowledge on how to respond to a major disaster and share experiences from the past.
  • Continued to post articles on the M+ disaster response volunteer group in 2018; (Increased articles posting frequency with related current events); a total of 43 articles sent out in 2018.
Carry out emergency response training drills.
  • Completed volunteer training drills on May 1, 2018 in which volunteers simulate where their locations are in a disaster and reporting back.

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