2022
Awarded prize for the 1st rank consecutively for 2 years in long terms insurance part of KS-SQI (Korea Standard- Service & Quality Index)
06
Opened industry first insurance fraud network analysis system, ‘DB T-System’
01
2021
12
Breakthrough 50 trillion Korean Won of total asset
12
Certified for consecutive 8 times of Customer Centered Management(CCM) and awarded prize of President
11
Obtained a certificate, ISO 37031(Compliance Management System) firstly in industry
07
Awarded prize for the 1st in long terms insurance part of KS-SQI (Korea Standard- Service & Quality Index)
04
Awarded the 'KOREA-National Brand Awards' in the non-life insurance sector in Korea
2020
Achieve 10 million customers
12
Inducted into the “Hall of Fame”
at the 2020 CCM (Customer-Centered Management) certification
12
Became the first Korean insurance company
to launch a video consultation service (DB V-System)
03
20 19
07
Rated highest on the KS-SQI (Korean Standard Service Quality Index) for automobile insurance companies
06
Became the first Korean non-life insurance company to launch a ‘DB direct talk’ (KakaoTalk insurance subscription service)
20 18
Became the first Korean non-life insurance company to be included in the
Dow Jones Sustainability World Indices for six consecutive years
09
S&P credit rating increased to ‘A’
07
Started sponsoring professional golf players
03
Opened mobile sales system “DB Smart Portal
02
20 17
12
Acquired CCM (Customer-Centered Management) certification for sixth
consecutive time, marking a first for a non-life insurance company in Korea
11
Changed company name to “DB Insurance Co., Ltd.”
09
Became the first Korean non-life insurance company to be included in the
Dow Jones Sustainability World Indices for five consecutive years
08
Became the first Korean insurance company to acquire ISO 19600 certification (business compliance management system standard)
07
Rated highest on the KS-KQI (Korean Standard Service Quality Index) for
automobile insurance companies
07
Became the first company to launch a motorcycle insurance product
04
Received the Presidential Award, in celebration of Environment Day
01
Became the first Korean insurance company to acquire a mobile insurance policy patent
20 16
Became the first Korean non-life insurance company
to launch a chatbot service (Promy Chatbot)
12
Became the first Korean non-life insurance company
to be included in the Dow Jones Sustainability World Indices
for four consecutive years
10
Inducted into the “Hall of Fame” at the 2016 Korea Service Grand Prix,
organized by the Korean Standards Association
07
Ranked first in the automobile industry category of
the 2016 Korean Standard Service Quality Index
07
Launched Direct Auto Insurance
06
Launched Notification Talk service
04
20 15
12
Exceeded KRW 30 trillion in total assets
12
Acquired CCM (Customer-Centered Management) certification for fifth consecutive time, marking a first for a Korean non-life insurance company
11
Became the first company in the Korean financial sector to receive the Presidential Award at the Korean National Quality Awards
05
Became the first Korean non-life insurance company to open a local branch office in Yangon, Myanmar, to “actively target the Southeast Asian market”
01
Entered the Vietnamese market by acquiring Vietnam’s Post & Telecommunication Joint Stock Insurance Corporation (PTI)
20 14
Began offering fire insurance risk management consulting service
12
Received financial strength rating of A (Excellent) by A. M. Best
for seventh consecutive year
10
Included in the DJSI (Dow Jones Sustainability Indices) World Index
for second consecutive year
09
Listed among Forbes’ 2014 Asia’s Fab 50 Companies
08
Signed “Agreement to Vitalize the Utilization of Alternative Automobile Parts” with the Ministry of Land, Infrastructure and Transport and
the Korea Automobile Parts Association
07
Received the Best CEO Award at the 2014 Korea Service Grand Prix, sponsored by the Korean Standards Association, for the fifth consecutive year
07
Launched Dongbu Financial Service, a company providing a comprehensive range of financial services
05
Received an excellence award for integrated family automobile insurance plan at the 2013 New Outstanding Financial Product Awards, sponsored
by the Financial Supervisory Service
01
Acquired 15 percent of the ordinary shares of China’s Ancheng Property & Casualty Insurance Co.
01
Awarded “Bronze Class” by the Swiss-based SAM Group
(third consecutive year)
01
20 13
09
Became first Korean non-life insurer to be placed on DJSI World
06
S&P raised Dongbu insurance’s credit rating to “A-” (stable outlook)
06
Received an “A” (Excellent) rating from A.M. Best for six consecutive years
01
Selected as SMA’s Global Sustainability leader group “Bronze Class”
for two years running
20 12
First-ranked company in the industry in the Dow Jones Sustainability Korea index for four consecutive years
10
Received an “A” (Excellent) rating from A.M. Best for five years
06
Recognized as a global leader in sustainability management by SAM
02
Obtained a CCM (Customer Centered Management) certification
01
Selected as “The Best Brand chosen by Consumers”, sponsored by Forbes
01
20 11
10
Opened NewYork branch
10
Selected as ‘the Best Industry Company in Korea of Dow Jones Sustainability Index’ for three consecutive years
10
Selected '2011 Asia's Fab 50 Companies' by Forbes
09
Opened representative office in Vietnam
05
Acquired the license authorises for transact in the State of New York
01
Rated ‘BBB+’ and Rating Outlook of ‘Stable’ by S&P for five consecutive years
20 10
12
Rated A (Excellent) by A.M.Best for three consecutive years
10
Selected as ‘the Best Industry Company in Korea of Dow Jones Sustainability Index’ for two consecutive years
05
Jung Nam Kim was inaugurated as president & CEO
02
GRI assigned A+, the globally best grade, to the Second Sustainability Report
of Dongbu Insurance
02
Completed construction of its Risk Based Capital (RBC) system
01
Certified as ‘2010 Excellent Company in Customer Complaint Management System (CCMS)’ by Fair Trade Committee
01
Completed construction of Data Center at Jukjeon
01
Rated ‘BBB+’ by S&P for four consecutive years and Rating Outlook of ‘Stable’
2009
Rated A (Excellent) by A.M.Best for two consecutive years
12
Opened LA branch
12
Selected as ‘the Best Industry Company in Korea of
Dow Jones Sustainability Index’
10
Company’s total asset topped KRW10 trillion
09
Rated First Grade of Customer Complaints Handling by
FSS for five consecutive times
04
Certified as ‘the Best Financial Company with
Outstanding Consumer Protection Program’ by FSS
01
Rated ‘BBB+’ by S&P for three consecutive years and Rating Outlook of ‘Stable’
01
2008
12
Rated A (Excellent) by A.M.Best
11
Awarded President’s Commendation at the 34th National Quality Management Convention
07
Acquired approval of taking in Dongbu Securities as the company’s subsidiary
04
‘Dongbu Promy Service’ became the first to acquire ISO 9001 in the non-life insurance industry
04
Rated First Grade of Customer Complaints Handling by FSS for four consecutive times
03
Dongbu Promy Basketball Team won the Championship in 2007-2008 professional basketball league
01
Rated A-(Excellent) by A.M.Best for seven consecutive years since 2001
01
Certified of ‘Excellence in Consumer Complaints Management System, CCMS’ for H2, 2007
01
Rated ‘BBB+’ by S&P for two consecutive years and Rating Outlook was adjusted upward from ‘Stable’ to ‘Positive’
2007
Acquired patent of BM (Business Method) in claim handling
12
First to develop D-TAS, long-term insurance product telemarketing system
in the industry
11
Awarded Gran Prix for Sustainable Business Management by MOCIE
11
Awarded as 2007 Korea’s Top Company by KCEOA
09
Rated First Grade of Customer Complaints Handling by FSS
03
Opened Call Center in Jeonju
01
Rated ‘BBB+’ & Rating Outlook of ‘Stable’ by S&P
01
2006
11
Rated A-(Excellent) by A.M.Best for six consecutive years
11
Spun off long-term compensation business as an independent entity
07
Held a kick-off ceremony for Promy Volunteers
07
Opened representative office in China
05
Introduced ‘Promy Life’ a long-term insurance brand
04
Opened cutting-edge automatic GPS for customers (LBS) (the industry’s first)
04
Opened Hawaiian branch
01
Picked as a single pilot project enforcer of natural disaster insurance (National Emergency Management)
2005
Awarded 2005 National Quality Management Prize by KSA (Korea Standards Association) and Ministry of Commerce, Industry and Energy
12
Rated A-(Excellent) by A.M.Best for five consecutive years
11
Established Dongbu Promy Basketball Team
10
Launched Best Life Accident Insurance through Hyundai Home Shopping
01
2004
11
Rated A-(Excellent) by A.M.Best for four consecutive years
05
Declared the New Management Innovation ‘Change & Challenge No. 1 (C&C No.1)’
04
Launched 'Non-dividend Convergence Insurance (master insurance)'
04
Soon Hwan Kim was inaugurated as CEO
04
Opened integrated Long-term Claim Service Center
02
Launched motorbike-based “PROMY SOS Speed Service” (the industry’s first)
2003
Ranked top at the National Customer Satisfaction Index Survey by the Korea Productivity Center for FY’03
12
Chosen as a best practice of risk management by Korea’s Financial Supervisory Service for the company’s integrated interest risk management
11
Rated A-(Excellent) by A.M.Best for three consecutive years
10
Designated as an official sponsor of 2003 Daegu Summer Universiade
08
Opened Long-term Claim Service Center
07
Became the first to post surplus in insurance operating income in the industry.
03
Operate in full swing the automatic design system for auto insurance
03
Opened "CSS" a personal credit scoring system
02
2002
10
Acquired the permit from Ministry of Finance and Economy to establish a representative office in Indonesia
10
Selected as 「Korea’s Top 10 Star Company」 by Bain & Company
10
Established and opened a cutting-edge call center
09
Rated A-(Excellent) by A.M.Best for two consecutive years
09
Adopted PROMY as its auto insurance brand
08
Opened “Promy World,” the car maintenance/repair service network
07
Opened internet-based installment premium payment system for auto insurance
05
Opened Digital PL Center
03
Acquired the government permit for compensation deduction business
03
Offered PL risk management service (the world’s first)
01
Moved its head office from Jung-gu to Dongbu Finance Center in Daechi-dong
2001
Opened the new intranet system "dbins.net"
12
Acquired the government permit for title insurance business
11
Rated A-(Excellent) by A.M.Best
10
Became the world’s first to acquire ISO 9001 certification for risk management service sector
08
Opened website for IR
08
Operated the integrated risk management system for asset management (Market VaR System)
07
Became the world’s first to launch rider for auto repair
07
Opened report system for the hearing-impaired
06
Renewed integrated company website, "idongbu.com"
04
Developed and rolled out VOC system
01
2000
12
Implemented GIS (Geographic Information System)
05
Opened internet shopping mall, “idongbu.com” (the first in the industry to offer video-based interactive consultation service)
01
Declare the company vision: the best, customer-oriented, total financial company as a leader of digital business management
01
Ranked top at the National Customer Satisfaction Index Survey by the Korea Productivity Center in FY’99
1999
Renovated the company website
12
Opened an official customer call center
10
Paid-in capital increase (KRW 5.4 billion)
06
1998
12
Became the first in the industry to develop and sell riders for premium installment payment and automatic renewal
09
Became the first to adopt a new quality assurance system for automobile accident compensation
04
Opened new backbone system for auto insurance policies
1997
Rolled out the 2nd business innovation initiatives
10
Recognized in the Guinness Book of Records as the first company to sell comprehensive automobile insurance in Korea
08
1996
09
Opened Dongbu Insurance Broadcast Station
04
Launched Dongbu Insurance SOS service
1995
Renamed the company as Dongbu Insurance Co. Ltd.
10
1994
08
Declared business innovation initiatives
01
Set up and operated auto accident reporting call center (Call1234)
1993
Taek Ki Kim was inaugurated as CEO
03
1991
12
Opened representative offices in New York and Tokyo
1984
Opened a branch in Guam
10
Korean Automobile Insurance Service Inc., a claim survey provider was established
03
Began selling all lines of non-life insurance products by acquiring additional business permit for six corporate insurances including marine, aviation, boiler and machinery, Erection All Risks (E.A.R) and Contractors All Risks (C.A.R)
02
1983
12
Gained business permits for and launched all lines of non-life insurance products in the market
05
Dongbu Group acquired the manage right of the company
1981
Became the first in the country to put the on-line in motion
01
1977
05
Developed and launched comprehensive auto insurance and drivers insurance
1976
Introduced, for the first time in Korea, unlimited coverage liability insurance for car owner indemnity, a precursor of current automobile insurance
05
1973
05
Successfully finished initial public offering
1971
Completed construction of Head Office building
03
1968
11
Dissolved Korea Public Automobile Insurance Company and established Public Automobile Insurance Co. Ltd.
1963
Began to sell automobile third party liability insurance
06