Seoul Guarantee Insurance Wins Insurance Asia Awards

Seoul Guarantee Insurance announced on the 10th that it won three awards at the "Insurance Asia Awards 2020," hosted by the global financial magazine Insurance Asia: Asia Credit Insurer of the Year, Non-life Insurer of the Year, and Corporate Social Responsibility (CSR) of the Year.

[Asia Economy Reporter Oh Hyung-gil] Seoul Guarantee Insurance announced on the 10th that it won three awards at the 'Insurance Asia Awards 2020' hosted by the global financial magazine Insurance Asia: Asia Credit Insurer of the Year, Non-life Insurer of the Year, and Corporate Social Responsibility (CSR) of the Year.

Insurance Asia highly evaluated Seoul Guarantee for leading fintech innovation through launching new products in collaboration with KakaoBank, supporting government financial policies for ordinary citizens and small and medium enterprises such as Saetdol (mid-interest rate) loan guarantees, and promoting voluntary and continuous CSR activities.

In particular, Seoul Guarantee was recognized as a model case of partnership management for building a prosperous Asia by leading the establishment of the Asia Guarantee Insurance and Credit Insurance Association in April with eight partner companies from five Asian countries.

Kim Sang-taek, CEO of Seoul Guarantee, said, "I believe this is an encouragement for Seoul Guarantee to leap beyond Korea to become a top-tier player in the guarantee credit insurance market in Asia and worldwide," adding, "We will continue to fulfill our role as a Global Best Credit Partner by providing world-class financial solutions."