Qilu Evening News · Qilu Yidian reporters Yan Ming, correspondents Liu Linxia and Cui Guangxun
On 10 month 14 day, the 2026 Artificial Intelligence Industry Conference opened in Jinan, Shandong. As one of the parallel forums, the Shandong "AI + Manufacturing" Pioneer Application Development Forum was held on the same day at the Yellow River International Convention and Exhibition Center. China Life Property & Casualty Insurance Company's Shandong Branch, the only financial and insurance institution invited to this forum, delivered a keynote speech titled "Smart Manufacturing in Shandong, Insured by Insurance: Empowering the 'AI + Manufacturing' Industrial Upgrade with Full-Chain Risk Protection," highlighting the company's development philosophy and innovative practices in supporting "AI + Manufacturing."
The conference was co-hosted by the China Academy of Information and Communications Technology, the Shandong Provincial Department of Industry and Information Technology, and the Jinan Municipal People's Government, with the theme "Accelerating AI-Driven New Industrialization." The forum was organized by the Weifang Municipal Bureau of Industry and Information Technology and hosted by China Mobile Communications Group Shandong Co., Ltd. Weifang Branch, where the achievements of Shandong Province's "AI + Manufacturing" pioneer applications were unveiled.
Intersecting Risks, Enhanced Protection: Building a 3D "AI + Manufacturing" Product Suite. In their presentation, China Life Property & Casualty Insurance Shandong Branch highlighted that in "AI + Manufacturing" scenarios, traditional risks such as fire and accidents intertwine with emerging risks like R&D failures and cyber threats. To address this, the company has established a product suite covering three dimensions: personnel, property, and liability. Additionally, they have developed specialized insurance products for cloud computing services, cybersecurity, robotics, and low-altitude economy tailored to AI-driven scenarios, offering enterprises more precise and comprehensive risk protection to foster innovation in AI-enabled environments.
End-to-End Services + Risk Reduction: Insurance Evolving from "Claims" to "Prevention." In recent years, China Life Property & Casualty's Shandong Branch has focused on the province's 19 key industrial chains. It systematically mapped risk exposures across the entire value chain—from upstream raw materials and midstream manufacturing to downstream applications—and developed a comprehensive insurance product suite covering R&D and commercialization, technology adoption, and intellectual property protection. The company emphasizes that as AI integrates deeply with manufacturing, risk chains are extending. Only by shifting services forward and moving defenses upstream can risks truly be contained at their inception. To this end, the branch has continuously delivered risk reduction services. Its joint initiative with Tsinghua University—the "China Life–Tsinghua Data-Driven Safety Management Enhancement Project"—has covered nearly 3000 operating enterprises across 17 cities and counties in the province. The project identified over 129 potential safety hazards, trained 2476 internal safety instructors, and reduced workplace injury rates among industrial enterprises by 50%. From post-event claims to pre-event prevention, from "one chain, one strategy" risk profiling to "one enterprise, one strategy" safety empowerment, the company is driving progress through end-to-end services and risk reduction. This dual approach strengthens the safety foundation for Shandong's "AI + Manufacturing" sector, positioning insurance as a true "stabilizer" and "accelerator" of industrial upgrading.
From Combined Risk Prevention and Claims to Financing Empowerment: Guiding High-Quality Manufacturing Development with "Patient Capital." China Life Property & Casualty Insurance Shandong Branch reports that while focusing on core responsibilities, reducing risks, enhancing claims services, and strengthening the risk defense line for the real economy, the company has launched coordinated initiatives. Leveraging China Life's comprehensive financial capabilities and its advantage as a "patient capital" provider, it precisely empowers manufacturing and technology innovation enterprises in their transformation and upgrading. By the end of Q2026, China Life's cumulative fund utilization in Shandong reached nearly 3500 billion yuan, continuously injecting "financial vitality" into Shandong's manufacturing sector, particularly in "AI + Manufacturing."
China Life Property & Casualty Insurance Company Limited's Shandong Branch stated at the forum that, seizing this opportunity, it will align with Shandong's strategic deployment to build a technology-powered province. The company will continue to deepen its "AI + Manufacturing" pioneering applications, providing full-chain risk protection and risk reduction services to secure "Made in Shandong" with an "insurance safety belt." This will ensure that manufacturing's intelligent transformation advances more steadily and sustainably amid the wave of innovation, contributing greater insurance strength to Shandong's high-quality economic development and AI-enabled new industrialization.
