Pacific Law Firm, KB Insurance, and Small Ticket Sign MOU for Cooperation on AI-Based Safety Management

Establishing an Integrated Industrial Safety Support System Leveraging Each Company's Expertise

On the 27th, Pacific Law Firm announced that it had signed a Memorandum of Understanding (MOU) with KB Insurance and Small Ticket at the Pacific headquarters in Jongno-gu, Seoul for 'Joint Cooperation in AI- and Data-based Industrial Safety and Health and Major Accident Prevention.'

(From left) Joongsub Bong, Representative Attorney at Pacific; Sangkyu Park, Division Head at KB Insurance; Pyoungro Lee, Vice President of Smallticket, are taking a commemorative photo after signing a Memorandum of Understanding (MOU) for joint cooperation on AI and data-based industrial safety and health and serious accident prevention at the Pacific headquarters in Jongno-gu, Seoul, on the 27th. Pacific

Under this agreement, each company will establish an integrated support system for industrial safety based on their respective areas of expertise. Pacific Law Firm will be responsible for providing legal and regulatory advice regarding the establishment of industrial safety and health management systems, while KB Insurance plans to develop incentive-linked insurance products for outstanding safety management businesses. Small Ticket will provide the technical foundation for analyzing and preventing on-site risk factors, utilizing its AI-based safety management platform 'RMS' and vehicle operational data analysis technology based on OBD (On-Board Diagnostics) devices.

The parties plan to carry out a range of collaborative projects in phases, including joint consulting, training, and seminars; the development of legal content related to industrial safety and AI platform-linked services; and the advancement of insurance products based on risk management data.

Joongsub Jung, Representative Attorney at Pacific Law Firm, stated, "Since the enforcement of the Serious Accident Punishment Act, establishing safety management systems at delivery and logistics sites has become not a choice, but a necessity," and added, "Based on our legal expertise, we will support the establishment of effective safety management systems on-site."

Sanggyu Park, Head of KB Insurance Division, said, "The core of this agreement is to create an insurance product structure in which real benefits accrue to businesses with a high level of safety management. Through data-based risk management, we aim to reduce the loss ratio and create a virtuous cycle in which those benefits feed back into field safety."

Kim Jungeun, CEO of Small Ticket, commented, "By combining the capabilities of Small Ticket's AI·data-based safety management platform RMS with legal and insurance expertise, we have been able to create a safety management model that is viable for use in the field. We will contribute to creating a safe working environment that delivery and logistics workers can truly experience."

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