AIGENET to Join Kiwoom Corporate Day, Share AI- and MyData-Based Growth Strategy

AIGENET, Korea's first listed insurtech company, will take part in an investor presentation hosted by Kiwoom Securities, where it will discuss its business results and mid- to long-term growth strategy based on artificial intelligence (AI) and MyData.

AIGENET announced on Oct. 14 that it will participate in "Kiwoom Corporate Day," to be held on Oct. 15 at the Financial Investment Education Institute in Yeouido, Seoul. The event is part of "Korea Premium Week 2026," hosted by Kiwoom Securities.

Held under the theme "Small-Cap Rescue Team: Finding Hidden Champions," the event will feature 15 promising domestic small and medium-sized companies selected by Kiwoom Securities' Research Center for their fundamentals and growth potential. Both institutional and individual investors may attend.

At the event, AIGENET plans to discuss the status and key results of its AI- and MyData-based insurtech business and engage with investors. In particular, building on its return to profitability in the first half of this year, the company will present its growth strategy, including expanding its MyData-based B2B data business and enhancing its AI insurance consultation service.

Its improved performance is also becoming evident. AIGENET recorded consolidated revenue of KRW 17.9 billion and operating profit of KRW 1.7 billion in the first half of this year. Revenue rose 17.1% from the same period a year earlier, setting a record high for a first half, while the company returned to operating profitability.

The MyData-based B2B database (DB) supply business drove the company's growth. Revenue from the business in the first half rose 46% from the same period a year earlier. The company plans to continue improving profitability by expanding its data business for corporate clients, drawing on its MyData analytics capabilities.

AIGENET has also recently been strengthening its partnerships with large general agencies (GAs). The company signed a memorandum of understanding (MOU) with Inka Financial Services, a major domestic GA, to jointly develop a "MyData-based comprehensive asset management service."

The two companies plan to jointly build a dedicated platform by combining AIGENET's MyData analytics technology with Inka Financial Services' nationwide sales network. Through the platform, they aim to strengthen the competitiveness of consultation services using insurance data. AIGENET also plans to expand its collaboration with large GAs and sustain growth in its data business.

An AIGENET representative said, "We are pleased to have the opportunity to introduce AIGENET's business competitiveness and growth vision directly to many investors at this event, which brings together promising domestic small and medium-sized companies." The representative added, "We will continue to strengthen the foundation for sustainable growth by expanding our AI- and MyData-based businesses, while maintaining active communication with investors."

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