Activation of Two-Wheeler Insurance... Hyundai Marine & Fire Insurance Partners with Inseong Group

Hyundai Marine & Fire Insurance has partnered with Inseong Group to revitalize the motorcycle insurance market.

On the 15th, Hyundai Marine & Fire Insurance announced that it signed a "Strategic Business Agreement (MOU) to Revitalize the Motorcycle Insurance Market" with Inseong Group.

Inseong Group consists of three subsidiaries: Inseong Data, a location-based logistics solution developer; Logiol, which operates the delivery platform Saenggakdaero; and Bike Bank, a motorcycle rental specialist.

Jo Yong-il, Vice Chairman of Hyundai Marine & Fire Insurance, said, "At a time when the use of delivery applications (apps) has become a daily routine, we have high expectations for cooperation with Inseong Group, a leader in the domestic motorcycle platform market," adding, "We hope this agreement will create an opportunity for the motorcycle insurance market to grow."

Vice Chairman Jo Yong-il of Hyundai Marine & Fire Insurance (left) and Chairman Hwang In-hyeok of Inseong Group are signing a business agreement and taking a commemorative photo on the 15th. (Photo by Hyundai Marine & Fire Insurance)