Taoping subsidiary Skyladder Technology launches smart elevator insurance pilot with PICC P&C Tianjin branch

Taoping subsidiary Skyladder Technology, a wholly owned Taoping unit, launched a smart elevator maintenance insurance pilot with PICC P&C’s Tianjin branch.

• The program combines real-time monitoring, standardized maintenance, repairs, parts replacement and insurance coverage in one service model.
• It targets a 20% cut in long-term elevator operating and maintenance costs.
• Skyladder’s proprietary Elevator Insurance platform tracks elevator conditions 24/7, flags risks and logs maintenance steps to boost oversight.
• The pilot positions the platform for expansion across Tianjin’s installed base of more than 160,000 registered elevators.