“Noon Sunshine-Young Scholars Seminar” is a regular academic exchange platform held by School of Finance. It aims to offer valuable occasions of communications among scholars in our college, between teachers and students, the domestic and the oversea. In this semester, we keep our original intention, set off for a new voyage. We will devote ourselves to fostering the academic atmosphere in the college, and promoting the academic level for both teachers and students.

The eighth session of “Noon Sunshine-Young Scholars Seminar” for the Autumn Semester in 2023 is arranged as follows:

Lecture topic

Principal-agent Model, Hierarchical Social Network Effect and Agent Performance——Research based on Insurance agent Regulation reform  

Keynote Speaker: Du Xia

Commentator: Han Xiao

Date

Thursday, November 23th, 2023

Time

12:00-13:00

Lecture Venue  

Room 116, School of Finance

Abstract

Insurance agent act as the core channel to match insurance supply and insurance demand, and plays a vital role in promoting the development of the private insurance market. The unique superior-subordinate relationship between insurance agents constitutes the hierarchical network of agents, and the “mentoring” of superior agents to subordinate agents has become an important part of the training and education of agents. This paper takes the “Regulations on Insurance Agents” as the exogenous policy impact to study the changes in insurance agents’ business structure and quality under the multitask principal-agent model, and further studies the amplification effect of insurance agent hierarchy network on policy effect in the context of the social network. Based on the above research, this paper provides policy suggestions for giving full play to the advantages of the insurance agent network and effectively improving agent service level and business quality.