Kyobo Life Insurance Strengthens Startup Collaboration to Innovate MyData Services

Pyeon Jeong-beom, CEO of Kyobo Life Insurance (center), is taking a commemorative photo with Lee Jae-yong, CEO of Infomining, and Jang Cheol-min, CEO of Enable Daon Soft (from left), at the business partnership agreement ceremony held at Kyobo Life Insurance headquarters on the 5th.

[Asia Economy Reporter Oh Hyung-gil] Kyobo Life Insurance announced on the 5th that it has signed memorandums of understanding (MOUs) with startups such as Infomining and Enable Daonsoft to expand its financial MyData services.

Infomining is a specialized smart healthcare service company that has proven its excellence through certifications as a technology-specialized venture company and awards in AI championships. Kyobo Life Insurance plans to jointly develop ideas and commercialize projects to motivate customers to improve their health and provide customized health solutions by utilizing and analyzing health data.

Enable Daonsoft is developing and operating the military personnel community service "The Camp." Through this business partnership, they will promote the development of financial education content for military personnel and customized financial products tailored to soldiers.

Kyobo Life Insurance stated that it will use this MOU as an opportunity to expand the scope of its MyData services and accelerate the official launch. Last month, it also promoted the Financial MyData division to a team through organizational restructuring.

A Kyobo Life Insurance official said, "Kyobo Life’s MyData aims to help people lead healthy and proper financial lives," adding, "We plan to create and provide MyData services that reflect Kyobo Life’s unique identity so that customers can understand and proactively utilize financial services."

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