President Tae-kyung Ha of the Korea Insurance Training Institute to Lead Startup Angel Investments
Korea Insurance Training Institute and Angel Investment Association Agree to Form Angel Investment Forum
Tae-kyung Ha Appointed as President; Forum Sets Monthly Goal of Investing in at Least One AI Startup
The Korea Insurance Training Institute announced on the 22nd that it had agreed with the Korea Angel Investment Association on March 20 to establish the "54 Angel Investment Forum," aimed at investing in startups in the AI-based new finance and new economy sectors. The two organizations also signed a business agreement to support investment activities.
On the 20th, at Tipstown in Yeoksam-dong, Gangnam-gu, Seoul (Korea Angel Investment Association), the Insurance Training Institute and the Association signed a business agreement. From the left, Hataek Kyung, President of the Insurance Training Institute, and Jonghoon Lee, Chairman of the Association. Insurance Training Institute
View original imageThe agreement was pursued to strengthen the innovative capabilities of professionals in the AI industry during the creation of the forum, which is intended to discover and nurture startups in the AI-based new finance and new economy sectors, as well as in the process of investment collaboration, leveraging the expertise and networks possessed by both organizations.
The forum, which the two organizations agreed to establish, is composed of experts with a keen interest in fostering startups in the AI-based new finance and new economy fields. The number 54 symbolizes the forum's 54 experts, and it also embodies the spirit of unity, with the meaning "let us cherish each other for a long time."
To ensure the successful launch and expertise of the forum, the founding members agreed to appoint Tae-kyung Ha, President of the Korea Insurance Training Institute, as the president of the forum. The forum plans to pursue investment in one AI-based new finance or new economy startup each month as its main initiative.
The forum will operate according to its own regulations for organizing and managing its executive board. The Korea Angel Investment Association, as a joint partner, will provide all necessary support to help the forum establish itself and become active.
Additionally, the two organizations plan to collaborate on education for professionals in the AI-based new finance sector and to develop crisis response and growth support measures for startups to help them manage business risks.
Junho Bang, Director of Waveble, was named vice president, and Byungjun Kim, CEO of Naeil Plus, was appointed as secretary general. Applications for startup investment and membership can be submitted through the forum's website.
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President Ha said, "Together with the association, we have achieved the milestone of forming a forum to revitalize investment in the AI-based new finance sector," adding, "I hope this agreement will serve as a catalyst for increased investment in the emerging industries that combine AI, finance, and insurance."
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