KB Insurance-Seoul National University Mobility Technology Center, Joint Research on Autonomous Driving Insurance

[Asia Economy Reporter Oh Hyung-gil] KB Insurance announced on the 17th that it signed a business agreement on the 16th with Seoul National University’s Future Mobility Technology Center (FMTC) to collaborate in the field of future mobility.

The two organizations plan to jointly research related insurance systems in preparation for the upcoming era of commercial autonomous vehicles. To this end, they agreed to conduct joint projects in the future and to guarantee priority access to FMTC infrastructure and research related to autonomous vehicles.

Additionally, KB Insurance decided to participate in the Future Mobility Consortium, an industry-academia-research council on autonomous vehicles between Seoul National University and companies.

FMTC is a research center established by Seoul National University to study and demonstrate technologies, systems, regulations, and commercialization strategies for creating future smart urban environments based on autonomous vehicles.

Yang Jong-hee, CEO of KB Insurance, said, "We expect significant progress in automotive insurance research related to autonomous vehicles," adding, "We will lead industry innovation by responding to the development of future technologies including autonomous vehicles and changes in related systems."

This content was produced with the assistance of AI translation services.