[New Year's Message] Jeon Young-mook, CEO of Samsung Life Insurance, "Promoting the Health Asset Protection Project"
[Asia Economy Reporter Oh Hyung-gil] Jeon Young-mook, CEO of Samsung Life Insurance, announced on the 3rd that he will "promote a 'health asset' guarantee project that encompasses retirement financial assets and everyday health management."
In his New Year's address, CEO Jeon said, "In the new year, we will start bold challenges to create customer value with new products and innovative services."
He emphasized, "As we approach a super-aged society, we will actively fulfill the social role of an insurance company to ensure a healthy retirement and prosperous old age for the people," adding, "We will prepare a turning point to become a true life finance partner that provides the best products and solutions throughout the customer's life."
He continued, "We will refine the business model of the insurance core business through innovation across all areas including products, channels, and digital," and said, "We will rebuild our pension brand with new pension products to prepare for the aging era and develop innovative digital-based products that satisfy the needs of young customers."
Regarding asset management, he introduced plans to create synergy by establishing a closer cooperative system with asset management affiliates and to expand strategic investments in global asset management companies more quickly and broadly.
He expressed his ambition to develop healthcare beyond the level of customer service into a next-generation healthcare business model that insurance companies can excel at.
He also emphasized strengthening digital capabilities to become a 'digital first mover.' He said, "With on-site support needed in the With-Corona era, we must accelerate the transition to digital FCs and further upgrade the digitalization of insurance transactions," adding, "We must strengthen the digital support system so that various ideas such as online-specialized insurance and subscription insurance can be realized quickly."
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He added, "With the era of New Samsung, the Samsung representative 'CSR 2.0' program begins. Through selection and concentration, we will increase social impact and expand opportunities for employees' ideas and voluntary participation," and said, "We will further increase social contribution and volunteering so that neighbors in shadowy areas untouched by the warmth of growth can have courage and hope."
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