Hyundai Marine & Fire Insurance
Encyclopedia
Marine & Fire Insurance Company 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.
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 subsidiary
and Kia
Cars of South Korea.
Marine (ocean)
Marine is an umbrella term. As an adjective it is usually applicable to things relating to the sea or ocean, such as marine biology, marine ecology and marine geology...
and fire
Fire
Fire is the rapid oxidation of a material in the chemical process of combustion, releasing heat, light, and various reaction products. Slower oxidative processes like rusting or digestion are not included by this definition....
, automobile
Automobile
An automobile, autocar, motor car or car is a wheeled motor vehicle used for transporting passengers, which also carries its own engine or motor...
insurance company established in 1955, with headquarters in Jongno-gu
Jongno-gu
Jongno-gu is a gu, or district, in central Seoul, South Korea. It takes its name from a major local street, Jongno, which means "Bell Street". Jongno-gu has been the center of the city for 600 years, since where the Joseon dynasty established its capital city...
, Seoul
Seoul
Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...
, South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...
. 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
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
, Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
, and China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
.
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
The Hyundai Marine & Fire Insurance ranks 2nd in the country. Its brand of Fire insurance, Marine insurance, Drive 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 for six consecutive years, affirmed BBB+ rating from S&PNo 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 subsidiary
Types of insurance written
Marine, mountain, home, automobile, motorcycle, ATV, recreational vehicle, commercial auto, boat, personal watercraft and Segway.Corporate count
- 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)
Hyundai Marine & Fire Insurance's Hi-Car and Hi-Life IRVs are specially modified HyundaiHyundai
Hyundai ) is a global conglomerate company, part of the Korean chaebol, that was founded in South Korea by one of the most famous businessmen in Korean history: Chung Ju-yung...
and Kia
Kia Motors
Kia Motors , headquartered in Seoul, is South Korea's second-largest automobile manufacturer, following the Hyundai Motor Company, with sales of over 1.4 million vehicles in 2010...
Cars of South Korea.