Hyundai Marine & Fire Insurance

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Marine & Fire Insurance Company (Hangul현대해상화재보험 KRX: 001450), colloquially Hyundai Haesang meaning 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 marine, fire, automobile insurer in Korea and the nation's largest writer of marine, fire, automobile insurance through independent agents. Hyundai Marine writes insurance in Korea, United States, Japan, and China. Awarded with A-[Excellent] rating from A.M. Best for six consecutive years. Affirmed BBB+ rating from S&P.

In order to provide consumers with choices in how to shop for, buy and own an insurance policy, the company offers two separate and independent business groups that sell two brands of insurance both of which are Korea's top brand name, Hi-Car and Hi-Life. Hyundai Marine is the main and largest subsidiary of the Hyundai Marine & Fire Insurance Group.

Original Brand Corporate[edit]

The Hyundai Marine & Fire Insurance ranks 2nd in the country. Its brand of Fire insurance, Marine insurance, Auto Insurance is sold by more than 5,000 independent agencies throughout Korea, the United States, Japan, and China. Awarded with A[Excellent] rating from A.M. Best, affirmed A- rating from S&P

No matter which brand is chosen, customers will have access to both Hi-Car and Hi-Life claims service. The Hyundai Marine & Fire Insurance Group has 8 subsidiaries

Types of insurance written[edit]

Marine, mountain, home, automobile, motorcycle, ATV, recreational vehicle, commercial auto, boat, personal watercraft and Segway.

Corporate count[edit]

  • As of January 1, 2006:
    • Employees: More than 5,000.
    • Claims offices: More than 100.
    • Claims Service Centers: 24 Hour Service Centers offering a concierge level of service.

The IRV (Immediate Response Vehicle)[edit]

Hyundai Marine & Fire Insurance's Hi-Car and Hi-Life IRVs are specially modified Hyundai and Kia Cars of South Korea.

See also[edit]

External links[edit]