Car insurance. In fact, according to the daily driving route, mileage, driving habits, accident records, occupation, age and gender of the owner, different pricing can be given. For example, a skilled female white-collar car owner who drives a mid-level car and travels several kilometers on a fixed route every day, and a middle-aged grumpy small boss who drives the same car and runs business in the Pearl River Delta or Yangtze River Delta every day, assuming that the probability of the latter being in danger is three times that of the former, then the price can be set at three times that of the former (commercial part). For insurance companies, the former is a high-quality customer, and the latter is losing money, so it is better to rush to competitors.
Loan. At present, the four major banks are too lazy to eat in the personal market, and all kinds of microfinance, consumer loans and supply chain finance are eating. The reason why they are too lazy to eat is that they are afraid of trouble. The most troublesome thing is the credit link. For a customer who has no collateral such as fixed assets, how much credit can be granted is a problem. Taobao can be small and micro because the running water of merchants is in their hands, and white-collar consumer loans dare to be made because of stable cash flow income. But except Taobao, which can make a more accurate model, other businesses are very extensive, and basically every field is based on several dead rules to do business. This means that this market still has great potential to be tapped. For example, a small boss has little risk and needs a turnover of 100w, but you are not sure to estimate his risk. If you only dare to borrow 50 W, you will earn less interest on 50 W.
The problem is that there are many restrictions on the whole, and there are not many places that can really be applied. The two most restrictive aspects are:
Data. Ali is an innate advantage because of Taobao's transaction data. Traditional financial institutions simply don't have valid data to model. However, various internet companies, such as maps, driving, e-commerce, social networking, etc. There are a lot of scattered data. But it is impossible for these companies to sell money directly with their own lifeblood, and there is no middle-level data company in China that can match it (it is estimated that it is difficult to match it in the current business environment). Only some gray companies are pouring data, often phone numbers or something, and the use method is simple and rude, not to mention big data.
For example, on the issue of rates, it is said that control and rates will be liberalized in xx, but can it really be liberalized then? Let go, there will be a number of ups and downs. It is a round of interest game of various forces.