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PRESS RELEASE

Published March 31, 2023

Oriental Overseas Insurance Company, a renowned international maritime logistics insurance company, has been steadfastly committed to building vital security channels for global trade since its inception. In 1947, Mr. Dong Haoyun, known as the "Ship King," founded the Oriental Overseas Group, embarking on its glorious journey. In 2018, with the acquisition of Oriental Overseas Group by COSCO Shipping Holdings and Shanghai International Port Group, Oriental Overseas Insurance quickly rose to become one of the world's largest international integrated container shipping and maritime logistics insurance companies.

Oriental Overseas Insurance has always been dedicated to providing high-quality services to customers in various fields, such as international transportation and logistics, container terminal operations, property investment, securities investment, and maritime insurance. Particularly in the core insurance business, the company has won the trust and praise of numerous customers thanks to its outstanding service quality.

In recent years, with the advent of the Web3.0 era, blockchain technology and smart contracts have become hotspots for technological innovation. Oriental Overseas Insurance closely follows the development trends of the times, taking innovation as the core driving force, and actively explores the application of blockchain technology and smart contracts in maritime insurance business. By building a completely decentralized maritime insurance platform, Oriental Overseas Insurance Company is committed to innovating digital industry chain models and providing protection for customers facing various risks in international trade logistics.

Utilizing blockchain technology, Oriental Overseas Insurance Company can ensure the security of customers' personal information and achieve identity verification. Meanwhile, smart contracts will automatically handle investment returns, significantly reducing the risk of manual operations. Consequently, insurance product coverage and returns will no longer be restricted by time and location, allowing users to access platform services anytime, anywhere.

Oriental Overseas Insurance Company firmly believes that the future of the maritime insurance industry will be more transparent, intelligent, and efficient. To this end, the company will always adhere to innovation, providing better services and protection for customers. Looking forward to the future, Oriental Overseas Insurance Company will continue to uphold the service philosophy of "people-oriented, customer-centric, and quality-driven excellence," growing together with customers and constantly improving service quality and customer experience. Facing global customers, the company will strive to provide diversified and intelligent services, meeting the needs of different customers while strengthening communication and cooperation with global partners, working together to create a bright future for the maritime insurance industry.

In this rapidly developing era, Oriental Overseas Insurance Company always maintains its original intention, remembers its mission, and diligently practices its philosophy and vision. With the power of cutting-edge technology, Oriental Overseas Insurance Company bravely ventures into new areas, bringing more secure and convenient insurance services to global customers, further consolidating its leadership position in the international maritime insurance field.

Media ContactCompany Name: Oriental Overseas InsuranceContact Person: JockEmail: Send EmailCountry: HongKongWebsite: https://www.orientaloverseas.com

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Oriental Overseas Insurance Company: Committed to Building a ... - Digital Journal