Samsung Fire & Marine Insurance- Greetings(to our friend)

Samsung Fire & Marine Insurance has always putforth an effort in becoming a world-class insurance company that contributes to the greater society. Our priority as an international firm has always been on social welfare, inspiring a feeling of confidence among our clients, and providing a lifetime career profession which enriches the quality of life for all of its employees. These are the visions that Samsung Fire & Marine Insurance Company has the for the 21st century. To fulfill these dreams, Samsung Fire & Marine Insurance is making a variety of well-mapped-out efforts.

In the business sector, by taking the early lead in the new market for individual annuity, Samsung has increased its market share from 1.7 % to 22.0 % in the long-term deposit-type insurance market. And, in order to effectively cope with the opening of the Korean insurance market, we have been involved in several major SOC-related insurance marketing projects. As a method of taking the early lead in the Chance market, Samsung Fire & Marine Insurance has developed several new products that can adapt to the fast-changing social environment. Total sales have continued to increase with the development of new sales channels such as the Labe (meaning "best lady") sales team, T/M (telemarketing), and in-house sales. While continuing to develop new products that meet the specific needs of clients, such as the "10 million drivers" car insurance program, Samsung has recently agreed to write the insurance policy for Korea's Mugungwha satellite. Not content to stop here, the company will continue to search for new and innovative ways to provide safety and comfort.

In the service sector, Samsung Fire & Marine Insurance has constructed an information infrastructure by benchmarking world-renowned insurance concerns and by employing a total of 1,392 specialists to manage a new client-oriented service system. Via an on-line network service, ANSIM, the company is offering new lines of service including advertising, contract checking, and promotion of contracts. The company has made a Korean aid service for international travelers available to clients with individual annuity, and is planning to launch various automobile-related services, including an emergency rescue service for auto insurance policyholders.

In order to created a more energetic company environment and to help employee self-development, Samsung Fire & Marine Insurance offers foreign-language study courses and long-term overseas training. The company also encourages its employees to take an interest in various community services and promotes friendship between rural communities and urban cities. the company has launched a guide go training program for the visually handicapped and is taking the initiative in a variety of sports and cultural events, not to mention the founding of the Samsung Fire & Marine Insurance volleyball team.

As part of the effort to emerge as one of the top 50 insurance companies in the world by the year 2000, Samsung Fire & Marine Insurance now operates eight overseas offices (1 subsidiary, 1 branch office and 6 liaison offices) in six countries, maintains business ties with 21 insurance companies in 17 nations, and plays an active role in international business exchange affairs. These Samsung Fire & Marine Insurance endeavors to improve services and products are an ongoing effort.

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