Rapid development of science and technology makes more and more scienfic and technological risks.Rapid development of insurance industry is promoted by industrial transferring risks in hi-tech industry.The application of the achievement of hi-tech research in insurance business promotes risk management proficiency of the insurers and increases profit-earning ability. Rapid development of scientific and technological industry is supported by the insurers to provide insurance and to transfer and decentralize the risks of science and technology research.The relationship between insurance industry and scientific and technological industry is that science and technology promote the development of insurance industry and that insurance industry accelerates the development of science and technology.