KB Insurance

South Korea
Asia Pacific

http://www.kbinsure.co.kr/

Industry:Insurance
Date joined:1 October, 2021
Initiatives:Principles for Sustainable Insurance

Company Profile

Originally founded as Bumhan Marin Insurance in 1959, KB Insurance has evolved to become one of nation’s leading insurance companies. We rebranded as KB Insurance following acquisition by KB Financial Group in 2015 becoming the first non-life insurer to be part of local financial group.

KB Insurance offers broad range of insurance products including long-term insurance, auto insurance, and marine and fire insurance, serving clients through 250 local sales branches and 47 claim service centers. We also provide innovative solutions in investments and loans contributing to enhancing values for our shareholders and clients. We are expanding our global outreach operating overseas branches and offices in the US, China, Indonesia and Vietnam.

As a leading insurer, we are committed to fulfilling our social responsibility to our stakeholders and communities advancing shared values and creating prosperous society.

Sustainability Agenda

KB Insurance has a strong initiative to support the global effort towards climate change. We are in compliance with PSI principles to preserve our world’s natural resources and promote environmentalism. We will strive to uphold eco-friendly strategies, internalize responsible management for society, and exercise transparent corporate governance. Our goal is to maintain global leadership in ESG Management with a mission to secure “World Changing Finance”.