SAIB Continue to Provide Insurance Brokerage Services for F1 Chinese Grand Prix (2019-04-18)

From April 12 to April 14, 2019, the highly anticipated 2019 F1 Chinese Grand Prix, also the 1000th round of the Formula One World Championship, kicked off at the SAIC International Circuit. As the professional insurance consultant of the event sponsor, SAIB provided a full process of high quality insurance brokerage and risk management services for this large-scale international event for the fifth time in a row, which is highly recognized and praised by the sponsor.

F1 racing have always been a pronoun of high-risk sports, and F1 stadium is known as a place gathering innumerable accidents. In combination with the actual situation of risks of the event, SAIB arranged a series of targeted insurance products for the sponsor. In addition, the service team of SAIB conducted pre-match surveys, in-game inspections and risk investigations, and took reasonable safety precautions on site cooperated with the event sponsor. After the event, SAIB has also followed up in time and exchanged cooperation experience with the sponsor, which eliminated every risk potential of each stage during the event.

As the largest permanent international event in China, the F1 China Grand Prix is ​​not only an important carrier for demonstrating the image of Shanghai, but also a valuable opportunity to promote the development of related industries such as tourist, culture and sports. Since 2015, SAIB have provided effective risk protection for the smooth running of the F1 Chinese Grand Prix for five consecutive years with professional insurance brokerage services and risk management services, further enhancing the safety level of it. In addition to the F1 Chinese Grand Prix, SAIB also provide insurance brokerage services and risk management services for international events such as the Shanghai Longines Global Champions Tour, the Shanghai Rolex Masters, the IAAF Diamond League Shanghai, the FIA ​​World Endurance Championship Shanghai, etc. In the future, SAIB will continue to enhance its own advantages, eliminate potential risks of Shanghai’s international competitions, and promote the development of sports industry in Shanghai.