Ping An Insurance to incorporate certified aftermarket auto parts in its claims system

Firm collaborates with international certification organization to guarantee parts’ exact fit and good quality

Ping An Insurance to incorporate certified aftermarket auto parts in its claims system

Insurance News

By Gabriel Olano

China Ping An Property & Casualty Insurance Co. and global certification organization NSF International have cooperated to release several NSF-certified aftermarket automotive parts to be used in the carrier’s motor insurance claims system.

The development, announced in a press conference in Shanghai last week, led to the certification of four types of bumpers, 14 types of fenders and four types of hoods, all manufactured by Tong Yang and Gordon Auto Body Parts. These NSF-certified parts are guaranteed to be equivalent in form, fit, and function to the original equipment parts in China, and include anti-counterfeiting features.

According to Lin Sheng, general manager of China Ping An Auto Insurance, these NSF-certified parts have a limited lifetime warranty.

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The average age of the almost 200 million vehicles in China has increased from three years to four and a half years, leading to a rise in demand for aftermarket parts, especially for out-of-warranty vehicles.

Moving forward, Ping An and NSF International will continue working together to come up with an auto parts certification platform which covers the entire supply chain, from parts manufacturers to repair shops.

“There are close to 200 million automobiles owned in China, and this NSF International certification program will help keep up with the increased demand for auto aftermarket quality maintenance and parts as well as the settlement of insurance claims,” commented Zhu Yougang, COO of China Ping An Property. “NSF International-certified parts provide benefits including guaranteed quality, origin traceability and consumer confidence to better serve car owners.”

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