Hyundai Marine & Fire Insurance
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Marine & Fire Insurance Company (Hangul: 현대해상화재보험 KRX: 001450), colloquially Hyundai Haesang or "Hyundai Marine") is a marine and fire, automobile insurance company established in 1955 with headquarters in Jongno-gu, Seoul, South Korea. Hyundai Marine is the second-largest private insurer in Korea and the nation's largest writer of insurance through independent agents. Hyundai Marine writes insurance in Korea, United States, Japan, and China and is Hyundai Marine & Fire's largest subsidiary. It has been awarded an A-[Excellent] rating from A.M. Best for six consecutive years and an affirmed BBB+ rating from S&P.
Hyundai Marine sells its insurance offerings through its Hi-Car and Hi-Life brands.
The Hyundai Marine & Fire Insurance ranks 2nd in the country. Its Fire, Marine and Auto Insurance is sold by more than 5,000 independent agencies throughout Korea, the United States, Japan, and China.
No matter which brand is chosen, all the customers have access to both Hi-Car and Hi-Life claims service.
The Hyundai Marine & Fire Insurance Group has 8 subsidiaries.
Lines of Insurance Written
Hyundai Marine writes marine, mountain, home, automobile, motorcycle, ATV, recreational vehicle, commercial auto, boat, personal watercraft and Segway insurance.