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Samsung Fire & Marine Insurance (SFMI) is Korea’s largest non-life insurance company, with a market share of 30 percent. Founded in 1952, its products and services meet customer needs in safety and finance, including fire insurance, marine insurance, casualty insurance, automobile insurance, long-term insurance and retirement insurance.
The company’s greatest strength lies in its sheer scale, which represents strong brand equity and outstanding product development capabilities, as well as cost efficiency and stable returns.
Samsung Fire & Marine ranks first in the Korean property and casualty insurance market in every performance category: sales, revenue, market share, customer satisfaction and service. The company has received the highest A+ ratings from S&P for four consecutive years and from A.M. Best for five consecutive years. In Korea, it has ranked 1st in National Customer Satisfaction Index (NCSI) for six consecutive years, in Korea Customer Satisfaction Index (KCSI) for nine consecutive years, and in KS-SQI for five consecutive years.
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