KB Insurance announced on the 26th that it has signed a memorandum of understanding (MOU) with the Korean Medical Corporation Association and TPA Korea for the operation of a customized group insurance program for medical institutions.


On the 25th, at the Seoul Garden Hotel in Mapo-gu, Seoul, from left, Sangkyu Park, Head of General Insurance Division at KB Insurance, Eunkyeong Ryu, President of the Korean Medical Corporations Association, and Jaeun Lee, CEO of TPA Korea, are taking a commemorative photo at the signing ceremony for the operation of a customized group insurance program for medical institutions. KB Insurance

On the 25th, at the Seoul Garden Hotel in Mapo-gu, Seoul, from left, Sangkyu Park, Head of General Insurance Division at KB Insurance, Eunkyeong Ryu, President of the Korean Medical Corporations Association, and Jaeun Lee, CEO of TPA Korea, are taking a commemorative photo at the signing ceremony for the operation of a customized group insurance program for medical institutions. KB Insurance

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On the previous day, at the Seoul Garden Hotel in Mapo-gu, Seoul, KB Insurance entered into a business agreement with the Korean Medical Corporation Association, a consortium of medical institutions, to operate a group insurance program. The signing ceremony was attended by Sangkyu Park, Head of General Insurance Division at KB Insurance, Eungkyung Ryu, President of the Korean Medical Corporation Association, Jaeun Lee, CEO of TPA Korea, and other key officials.


Under this agreement, KB Insurance, the Korean Medical Corporation Association, and TPA Korea will collaborate in various areas, including: ▲ development of customized insurance products and service improvement for medical institutions ▲ consulting and risk management activities to prevent medical accidents ▲ establishing a stable treatment environment by providing optimized insurance services ▲ and collecting and analyzing basic data for building the group insurance program.


In particular, KB Insurance plans to provide insurance services that reflect the actual operating environment and needs of medical institutions, continuously gathering on-site feedback that may arise during the operation of medical liability insurance to improve service quality. The company also aims to enhance risk management capabilities at medical institutions and promote a culture of patient safety, thereby contributing to the improvement of medical service quality.


The participation of TPA Korea in this agreement will support the establishment of an operational system that covers everything from insurance enrollment to accident reporting and claims support. Through this, medical institutions are expected to receive more systematic risk management services, which will also help improve patient safety and the quality of medical services.



Sangkyu Park, Head of General Insurance Division at KB Insurance, stated, "This agreement is significant as it marks the starting point of cooperation to reduce the burden of medical accidents for institutions and create an environment where they can focus more on patient care. We will continue to actively reflect the diverse voices from the medical field and provide insurance services that offer practical benefits to medical institutions."


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