Hanwha Life Partners with Hyundai Marine & Fire Insurance for Consulting Ahead of Seller Company Launch
Hanwha Life's sales-specialized subsidiary, Hanwha Life Financial Services, signed a preliminary business agreement (MOU) with Hyundai Marine & Fire Insurance on the 17th at the 63 Building in Yeouido, Seoul, to promote integrated consulting.
View original image[Asia Economy Reporter Oh Hyung-gil] On the 17th, Hanwha Life held a preliminary business agreement (MOU) for integrated consulting promotion with Hyundai Marine & Fire Insurance at the 63 Building in Yeouido, Seoul, following the launch of Hanwha Life Financial Services, a specialized sales subsidiary.
Hanwha Life Financial Services, launching on April 1, aims to become a specialized sales company for integrated life and non-life insurance consulting.
The two companies agreed to cooperate on jointly developing integrated life and non-life insurance consulting techniques, sharing ideas for product innovation in response to market changes, and jointly promoting publicity and marketing to activate collaborative product sales.
Hanwha Life Financial Services plans to strengthen its position as a leader driving market changes in the GA industry through business agreements with major non-life insurers.
Gu Do-gyo, the appointed CEO of Hanwha Life Financial Services, said, "Through the solid business agreement between the two companies, we expect to lead the domestic insurance industry by enhancing brand competitiveness and sales capabilities to a higher level. The synergy between Hanwha Life Financial Services' sales power and Hyundai Marine & Fire Insurance's product competitiveness will act as a significant growth engine."
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Cho Yong-il, CEO of Hyundai Marine & Fire Insurance, said, "Hanwha Life's entry into a specialized sales company will be an important milestone in the domestic insurance market. Hyundai Marine & Fire Insurance's competitive products and services will be a reliable partner for Hanwha Life Financial Services' new journey."
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