Focus AI Announces Strategic Partnership with Korea Fire Insurance Association

"Expanding Into the Field of Disaster Safety With AI Technology"

Focus AI announced on the 26th that it has signed a Memorandum of Understanding (MOU) with the Korea Fire Insurance Association for integrated disaster monitoring solution certification and institutionalization. (Left) Ki-hwan Kim, Chairman of the Korea Fire Insurance Association (Right) Hyungmo Koo, CEO of Focus AI.

Focus AI is set to expand its disaster safety business based on artificial intelligence (AI) video technology.

On August 26, Focus AI announced that it had signed a Memorandum of Understanding (MOU) with the Korea Fire Insurance Association (hereafter referred to as "the Association") for the certification and institutionalization of an integrated disaster monitoring solution.

Through this collaboration, Focus AI plans to broaden the application scope of its integrated disaster monitoring AI solution from fire detection to a comprehensive range of disaster safety areas, including industrial safety and general life safety. The strategy is to verify the reliability of the technology and the effectiveness of risk management through on-site demonstrations, and to examine the potential for integration with future insurance systems based on the accumulated data.

The integrated disaster monitoring AI solution uses AI-powered CCTV to detect not only fire indicators such as flames and smoke but also a variety of risk factors at industrial sites in real time. While conventional CCTV systems focus on passive monitoring, Focus AI's technology analyzes video data autonomously, enabling early detection of signs of fire and abnormal situations at the site. In addition, by integrating features such as minute facility condition monitoring, abnormal behavior detection, and connectivity with multi-environment sensors (such as for temperature and gas), the platform is evolving into an intelligent safety management system capable of comprehensively detecting fire, facility safety risks, and various types of disasters.

According to the agreement, the two parties plan to gradually expand their collaboration to include: ▲ securing technological reliability through FILK (Fire Insurance Laboratory of Korea) certification and on-site proof-of-concept (PoC) demonstrations ▲ enhancing technology through joint public-private R&D projects for commercialization ▲ and designing large-scale demonstration projects targeting local governments and industrial complexes. In particular, Focus AI intends to introduce and expand the application of its integrated disaster monitoring AI solution in the field by leveraging the Association's disaster prevention consulting sites as well as its seminars and training programs.

The initial phase will focus on on-site demonstrations in high-risk areas such as apartment building parking lots, logistics centers, and disaster-prone facilities. The plan also includes collecting demonstration data for land, maritime, and vessel sectors through an integrated testbed that links the main FILK center with regional research labs. Accumulated data will be used to further refine the AI models, analyze the effects of reducing fire risks, and review the possibility of linking the solution with the fire insurance rate system.

Subsequently, through joint public-private technology commercialization R&D, the application of the solution will be expanded to areas such as facility safety, proactive disaster response, and life safety, and to large-scale demonstration projects at the level of municipalities and industrial complexes. By starting with certification and demonstration, then moving on to data analysis, integration with insurance systems, and further R&D, the collaboration aims to lay the foundation for real-world market adoption.

Hyungmo Koo, CEO of Focus AI, stated, "The power of our AI video technology lies in its scalability to autonomously recognize a wide array of risks, not just fires. Through this strategic partnership with our trusted collaborator, the Korea Fire Insurance Association, we plan to continually expand the domains where this technology is applied—from fire sites to industrial safety, and ultimately, into the new market of insurance."

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