Carrot General Insurance announced on the 25th that the number of Per Mile Auto Insurance subscribers has surpassed 200,000.

Carrot General Insurance announced on the 25th that the number of Per Mile Auto Insurance subscribers has surpassed 200,000.

View original image


[Asia Economy Reporter Oh Hyung-gil] Carrot General Insurance announced on the 25th that the number of subscribers to its Per-Mile Auto Insurance has surpassed 200,000.


Carrot General Insurance explained that it is unusual for the Per-Mile Auto Insurance, first launched in February last year, to exceed 200,000 subscribers given the reality that once customers subscribe to auto insurance, it is not easy to switch to other insurers. They added that the postpaid payment method based on actual vehicle usage strongly appealed to customers who pursue rational consumption.


Carrot General Insurance emphasized that as Korea's first digital non-life insurance company, it is changing the traditional insurance industry flow by integrating IT technology into the fundamental service base, not just digitalizing simple subscription channels.



Jung Young-ho, CEO of Carrot General Insurance, stated, "Starting in June, plug supply will be gradually resumed, and with advanced mileage collection technology, the service will be expanded to various mobility means. Going forward, through 'Per-Mile Members,' we will provide various benefits to safe driving customers and strive to reduce social costs caused by traffic accidents."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing