Samsung Fire & Marine Insurance

Samsung Fire & Marine Insurance

Samsung Fire & Marine Insurance, founded in 1952 and headquartered in Seoul, South Korea, is a large public company specializing in long-term, car, and general insurance. The company operates globally with a focus on client satisfaction and innovative insurance solutions, offering a range of products including health, home, and direct insurance services.

History

Samsung Fire & Marine Insurance was founded in 1952 and has undergone significant transformations since its inception. In December 1993, the company was renamed from Korea Anbo Fire Marine Reinsurance Co. to its current name. Over the years, it has expanded its operations and established a presence in multiple countries, including the USA, Europe, China, Indonesia, Japan, and Vietnam.

Services

Samsung Fire & Marine Insurance specializes in a variety of insurance products, including long-term insurance, car insurance, and general insurance. The company offers direct insurance services, enabling customers to purchase insurance online. Notable offerings include the 'Comprehensive Cancer Diagnosis Benefit,' 'Direct Car Insurance,' 'Direct Home Fire Insurance,' and 'My Fit Health Insurance,' which adapts to policyholders' life cycle needs.

Products

The company provides a range of insurance products designed to meet diverse customer needs. Key products include 'Samsung Together Nursing Health Insurance,' which offers home care services, 'Anyfit Plus' for health management, and 'Direct Driver Insurance' with the 'Good 3000 Plan.' Additionally, the company offers a loan service called 'Insurance Contract Loan,' allowing policyholders to borrow against their insurance policies.

Sector

Samsung Fire & Marine Insurance operates within the insurance industry, classified as a public company. The company is recognized for its focus on enhancing client satisfaction and shareholder value through advanced financial technologies and innovative marketing strategies. As of November 2008, the company reported total assets of KRW 21,704.2 billion and a solvency ratio of 337.2% as of September 2008.

Team Size

The company employs a team of 663 individuals, categorizing it as a large business. This workforce supports the company's operations across various regions and contributes to its commitment to providing comprehensive insurance solutions.

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