GAIG offers producers an Agent Portal App to view a book of business, access policy documents, check billing and payment status and retrieve loss runs.
Having a service-based, internally built core administration platform was essential to both speed of deployment and reuse of mobile services at GAIG.
Lai, president of Carmax, said that the Carmax-GAIG venture is capitalized at 30 million renminbi, in which GAIG holds 55% stake, while Carmax 45%.
GAIG is the sixth-largest carmaker in China in ventures with international automakers such as Toyota, Honda, Mitsubishi, Fiat etc.
By the end of the third quarter of 2013, Tong Yang said, two new factories in China producing OE (original equipment) auto parts will be inaugurated in Foshan (Guangdong Province) and Xiangyang (Hubei Province) to begin mass production to supply first-class automakers as FAW, Dongfeng-Nissan, GAIG
5 million, with Tong Yang and GAIG
holding 49% and 51%, respectively.