Samsung Fire & Marine Insurance Partners with Seoul National University to Establish Industry-Academic Cooperation Model

Samsung Fire & Marine Insurance announced on the 19th that it has signed a Memorandum of Understanding (MOU) with Seoul National University to establish a mid- to long-term industry-academia cooperation model.

This agreement was prepared to strengthen cooperation from the perspective of responding to future markets, researching new technologies, and securing innovation capabilities, based on the linkage of research infrastructure between Samsung Fire & Marine Insurance and Seoul National University.

Samsung Fire & Marine Insurance and Seoul National University signed a mutual cooperation agreement on the 12th at the Administrative Building of Seoul National University Gwanak Campus to establish a leading industry-academia cooperation model. Attending the signing ceremony were Hong Seong-yoon, Head of Planning at Samsung Fire & Marine Insurance (from the left), Kim Jae-young, Director of Industry-Academia Cooperation at Seoul National University, and Mok Seung-hwan, CEO of Seoul National University Technology Holdings. (Photo by Samsung Fire & Marine Insurance)

The signing ceremony held on the 12th at the Administrative Building of Seoul National University Gwanak Campus was attended by Hong Seong-yoon, Head of Planning at Samsung Fire & Marine Insurance, Kim Jae-young, Director of Industry-Academia Cooperation at Seoul National University, and Mok Seung-hwan, CEO of Seoul National University Technology Holdings, among others.

Through this agreement, Samsung Fire & Marine Insurance will conduct joint research with Seoul National University’s faculty and research teams to respond to the rapidly changing insurance market. Additionally, collaboration with Seoul National University Technology Holdings to foster technology sectors will be gradually expanded.

A representative of Samsung Fire & Marine Insurance stated, "We hope this agreement will lead to tangible results that pioneer the future of the insurance market and create a super-gap." They added, "We expect it to become a good model for industry-academia cooperation in the insurance industry."