Dongyang Life CEO Sung Daekyu: "Establishing a Companywide Culture of AI Utilization"

2026 Second Half Leaders Change and Innovation Forum Held

Sung Daekyu, CEO of Dongyang Life Insurance, stated, "Let us establish a culture in which all employees learn and utilize artificial intelligence (AI), so that we can develop the ability to drive change and growth ourselves."

Sung Daegyu, CEO of Tongyang Life Insurance (center), is speaking about business innovation tasks utilizing artificial intelligence (AI) at the '2026 Second Half Leaders Change and Innovation Forum' held on the 10th at the Tongyang Life Insurance Human Resources Development Center in Goyang, Gyeonggi Province. Tongyang Life Insurance

On July 13, Dongyang Life Insurance announced that on July 10, it held the "2026 Second Half Leaders Change and Innovation Forum" at the Dongyang Life Insurance Talent Development Center in Goyang, Gyeonggi Province, with participation from executive officers, team leaders, and department heads.

Under the theme "The Age of Artificial Intelligence (AI): Redesigning the Path to Growth," the forum aimed to share the company's direction for transitioning its mid- to long-term growth system in response to the rapidly changing financial and insurance industry environment. It also provided a platform to detail AI-driven work innovation plans and execution tasks for each division.

CEO Sung emphasized, "The current AI race is ultimately a race of speed, and if we do not keep up with the pace of change, our competitiveness will quickly fall behind. We must not view AI as a task for a specific department, but rather recognize it as a companywide execution task, with all employees applying it to their work and independently proposing the necessary functions and services."

The forum consisted of two sessions: it began with an explanation from the Head of Business Innovation on the purpose of the event and the company’s mid- to long-term growth strategy, followed by a special lecture on AI from a global consulting firm, and panel discussions on work innovation by division.

In the first session, global management consulting firm Kearney delivered a lecture on the topic of "Advancements in AI Technology, Industry Transformation, and Corporate AI Transformation (AX) Strategies."

Participants discussed the changes AI will bring to all aspects of the insurance industry—including product development, sales, asset management, and work processes—and shared the roles that leaders should prepare for, as well as the direction of organizational change, to strengthen mid- to long-term competitiveness.

The second session featured in-depth presentations and discussions on methodologies and execution plans for division-specific work innovation using AI, focusing on the company’s key growth tasks such as sales, asset management, and business administration.

The sales and product division explored ways to build a "mega sales channel" and enhance product competitiveness by leveraging AI and data for customer analysis and increased sales productivity.

The investment, finance, and risk divisions focused on integrating AI into asset management decision-making and risk management to secure management competitiveness and a stable earnings base commensurate with large-scale assets.

The business administration divisions—including information technology (IT), operations, and consumer protection—discussed specific AI-driven approaches to not only automate work processes but also simultaneously ensure the reliability and stability required of a financial institution, such as consumer protection and internal controls.

A representative from Dongyang Life Insurance stated, "We will continue to pursue work innovation based on AI and data, and systematically monitor execution tasks for each division linked to our mid- to long-term growth strategy to further strengthen the foundation for sustainable growth."

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