Kyobo Life Insurance Joins Seoul Police-Led Youth Illegal Gambling Eradication Campaign

Contributing to the Spread of a Culture Preventing Illegal Online Gambling Among Youth

Kkumdokkaebi and Hope Dasom Scholarship Projects... Supporting Youth Independence

Kyobo Life Insurance announced on March 18 that it participated in the "Youth Illegal Gambling Eradication Relay Campaign" organized by the Seoul Metropolitan Police Agency.

Jody K. Cho, CEO of Kyobo Life Insurance (center), is participating in the "Youth Illegal Gambling Eradication Relay Campaign" with employees and taking a commemorative photo at the Kyobo Life Insurance Building in Jongno-gu, Seoul. Kyobo Life Insurance

The campaign aims to raise awareness about the seriousness of illegal online gambling among youth and to promote the importance of gambling prevention throughout society. Under the slogan, "Illegal Online Gambling Targeting Youth: A Scam Crime You Can Never Win," public institutions, local governments, and companies across the country have been participating in relay format since March of last year.

Jodaegyu, President and CEO of Kyobo Life Insurance, joined the campaign after being nominated by Kim Joonghyun, President and CEO of Meritz Fire & Marine Insurance. He, in turn, nominated Kim Jaesik, Vice Chairman and CEO of Mirae Asset Life Insurance, as the next participant.

President Jodaegyu stated, "It is essential for our society to pay close attention so that young people, who are the leaders of our future, do not fall into the trap of gambling and can grow into healthy members of society," adding, "Kyobo Life Insurance will also take the lead in creating an environment where youth can establish sound values and nurture their dreams for the future, based on our people-centered management philosophy."

Kyobo Life Insurance is conducting various social contribution initiatives to help young people achieve healthy independence in line with the campaign's purpose.

The representative example is the "Kkumdokkaebi" project, which supports the growth of children under protection. Since 2021, through this initiative, Kyobo Life Insurance has provided customized education to children in protection, ranging from basic language education to financial education, psychological counseling, and digital creativity education. In recognition of its contributions, the company received the Prime Minister's Commendation at the "Korea Sharing Grand Awards" hosted by the Ministry of Health and Welfare in 2023.

Since 2003, Kyobo Life Insurance has also been running the "Hope Dasom Scholarship" program for children leaving orphanages and college students from low-income families, supporting not only tuition but also the formation of emotional support networks. To date, more than 500 students have benefited from the scholarship, with a total support amount reaching 6.3 billion won.

Kyobo Life Insurance also provides practical financial independence support through one-on-one customized financial consulting for young adults preparing to become self-reliant. Since 2021, more than 1,300 young people preparing for independence and children under protection have received financial education benefits, and in December of last year, the company received the Minister of Health and Welfare Award.

In addition, the company supports youth through various initiatives such as: ▲ "One Company One School" financial education ▲ ICT-based "Kyobo Dasomi Dream Makers" ▲ "Connecting Love Bands" for disadvantaged children ▲ and the "WOW Dasomi Soundlight Project," which assists with surgery and treatment for children with hearing impairments.

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