Hanwha General Insurance Signs Agreement with Skyautonet... Launches New Pedal Misapplication Prevention Device Discount Rider

Hanwha General Insurance announced on the 26th that it has signed a memorandum of understanding (MOU) with Skyautonet, a company specializing in automotive safety technology, to strengthen cooperation on car accident prevention and to make it easier for customers to enroll in insurance.

Joonho Lee, Head of Strategic Sales at Hanwha General Insurance (right), and Taegeun Kim, CEO of SkyAutoNet, are taking a commemorative photo after signing a Memorandum of Understanding (MOU) on the 24th for cooperation in automobile accident prevention and insurance services. Hanwha General Insurance

This agreement goes beyond a simple technology partnership, as it aims to enhance both the practical effectiveness of accident prevention and customer benefits by linking advanced safety devices with insurance products. The two companies have agreed to cooperate in various areas, including: promoting traffic accident prevention and a culture of safe driving; improving customer convenience regarding insurance enrollment; and expanding services through analysis of driving data.

Recently, there has been an increase in suspected sudden unintended acceleration accidents, especially among elderly drivers. According to an analysis by the National Forensic Service, 88.2% of these accidents were attributed to pedal misapplication, highlighting the growing need for relevant safety technologies. Skyautonet's Dr. Safe, a device designed to prevent car accidents caused by pedal misapplication, has received regulatory sandbox approval from the Ministry of Land, Infrastructure and Transport and is drawing attention for its effectiveness in accident prevention.

Taking this agreement as an opportunity to promote the adoption of such safety devices, Hanwha General Insurance will introduce the industry’s first “Pedal Misapplication Prevention Device Discount Rider.” For vehicles equipped with the device as a standard feature, the discount will be applied automatically with no additional procedures required. For vehicles with the device installed as an option, a 5% discount on insurance premiums will be provided upon submission of supporting documentation.

In addition, the company plans to further enhance customer convenience by integrating systems so that the discount can be applied automatically when purchasing and installing Dr. Safe, with no separate application process necessary. This special rider is scheduled to launch next month.

A representative from Hanwha General Insurance stated, “We expect that this agreement will allow us to provide new customer value by combining accident prevention technology with insurance products,” adding, “We will continue to expand products and services that contribute to traffic accident prevention and the creation of a safer driving environment.”

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