RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang...

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GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC RIMAC INSURANCE SERVICES Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82 735 5575 www.rimac.co.kr RISK MANAGEMENT & CONSULTING

Transcript of RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang...

Page 1: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

GLOBAL INDEPENDENT INSURANCE BROKER

COMPANY PROFILERIMAC

RIMAC INSURANCE SERVICES Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82 735 5575 www.rimac.co.kr

RISK MANAGEMENT & CONSULTING

Page 2: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

The First Choice, The Best Solution

Address : 2F,Yerang Bldg., 31-12 Hap-dong,Seodaemun-gu, Seoul, Korea, 120-030 Tel : +82 2 776 5565 Fax : +82 2 735 5575www.rimac-ins.com

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RISK MANAGEMENT & CONSULTING

Contents

CEO Message

Company Overview Corporate Profile Core Strategy

Areas of Expertise

Organization Chart

Management Structure

Company Infomation Smart Performance Associates Contact Us

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34

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Page 3: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

The First Choice, The Best Solution

Address : 2F,Yerang Bldg., 31-12 Hap-dong,Seodaemun-gu, Seoul, Korea, 120-030 Tel : +82 2 776 5565 Fax : +82 2 735 5575www.rimac.co.kr

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RISK MANAGEMENT & CONSULTING

CEO MessageRIMAC aims at becoming a global insurace intermediary leading the insurance industry,and is to gain customers’ trust and affection.

Dear our valued customers,

We, Rimac Insurance Services Co.,Ltd.,have been protecting your assets from unexpected accidents and disasters and caring for your well-being since our establishment in year 1999, through our outstanding efforts and solid capabilities.

We are continously increasing the company’s value with innovative management and challenging attitudes and, as a result, we stood firm amidst the difficult domestic and foreign business environment and are now one of theleading insurance intermediary in Republic of Korea.

Our aim is to be a global insurance broker and to become one of the top independent player in Korea Republic by the year 2015.

As a progressive and energetic company, we will strive to become a global player and promiseto do our utmost endeavour to meet our clients’ satisfaction.

We would like to ask for your continous interest and support for Rimac and truly wish you more prosperous future to come.

Sincerely yours,

Rimac Insurance Services Co.,Ltd.

Chang Gil LeeCEO & PresidentChang Gil Lee

Page 4: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

The First Choice, The Best Solution

Address : 2F,Yerang Bldg., 31-12 Hap-dong,Seodaemun-gu, Seoul, Korea, 120-030 Tel : +82 2 776 5565 Fax : +82 2 735 5575www.rimac.co.kr

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Corporate Profile

Total Brokerage Revenue

Breakdown of Revenue Breakdown of Classes

Founded in year 1999, Rimac is one of the leading independent primary insurace and reinsurance intermediary in Republic of Korea.

Headquartered in Seoul, capital city of Korea Republic, Rimac’s dedicated teams of highly professional specialists offer individuals and corporations the best solutions which bring together all aspects of insurance coverage, including claims handling and risk management services.

November 23, 2012 proved to be a milestone for Rimac, as it has become the first Korean reinsurance & insurance broker in Azerbaijan territory by attaining a formal approval from the Ministry of Finance of the Republic of Azerbaijan. Rimac expects that there will be abundant opportunities to deal directly with Korean interests which enter into Caspian Sea region countries.

100%

Reinsurance Solutions(Reinsurance)

Risk Consulting(Retail)

80%

60%

40%

20%

29%

71%

100% Property & Casualty

Reinsurace

Fire

Reins

Retail

(57%)

Marine(13%)

(29%)

(1%)

( as of 2012 )

K.Won 813 Mil.

Page 5: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

The First Choice, The Best Solution

Address : 2F,Yerang Bldg., 31-12 Hap-dong,Seodaemun-gu, Seoul, Korea, 120-030 Tel : +82 2 776 5565 Fax : +82 2 735 5575www.rimac.co.kr

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RISK MANAGEMENT & CONSULTING

Core Strategy

Mission

To be the leading global independent wholesale, reinsurance and expertised professional retail broker, through :

- Exploiting improving network positioning and changing market conditions- Building on our global network and leveraging the exisiting business, people and infrastructure

Creating new values for customers with knowledge and global expertise

Core Value

- Open Communication An open-minded company with smooth communication

- Future Orientation A company always prepared for the future and doingthe utmost in the present

- Preparation & Follow-up A company that works effectively based on preparationand thorough follow-up

- Competition & Cooperation A company that maximizes its capacity through competition and cooperation

- Social Responsibility A warm-hearted company that fulfills its social responsibility

Vision

A Sustaining company anyone would wish to work for

A Preeminent globalfinancial institution

Page 6: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

The First Choice, The Best Solution

Address : 2F,Yerang Bldg., 31-12 Hap-dong,Seodaemun-gu, Seoul, Korea, 120-030 Tel : +82 2 776 5565 Fax : +82 2 735 5575www.rimac.co.kr

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RISK MANAGEMENT & CONSULTING

Areas of Expertise

Optimal Risk

Transfer & Solution for

Customers

RISK CONSULTINGSTRUCTUREDREINSURANCE

SOLUTIONS

Property, Engineering and Energy Team

Casualty Team

Marine Team

Life and Type3 Ins. Team

Reinsurance Team

RIMAC

Page 7: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

The First Choice, The Best Solution

Address : 2F,Yerang Bldg., 31-12 Hap-dong,Seodaemun-gu, Seoul, Korea, 120-030 Tel : +82 2 776 5565 Fax : +82 2 735 5575www.rimac.co.kr

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RISK MANAGEMENT & CONSULTING

Areas of Expertise

Rimac’s growth, activity and accomplishments over the years have established the company’s reputation as an all-round andprogressive company in the field

- Provision of technical consulting, as well as efficient handling of coverage and claims- As a licensed insurance broker, bringing to the table specific expertise and vital resources to the benefit of its clients- offering crucial and invaluable service that will help individuals and corporations alike stay ahead in today’s challenging marketplace

Property, Engineering and Energy

The Team is made up of experienced insurance practitioners with strong technical backgroundcovering the main disciplines in property, energy,mechanical and engineering.

With diverse expertise and intimate knowledge of local conditions and buying needs, the team strives to work closely with clients and insurers in coming up with sound, sustainable facultativestructures.

Casualty

The Casualty team intermediates facultative casualty and financial lines risks which comprise the following classes of business :Commercial Gerneral Liability, Porduct Liability, Personal Accident, Product Recalls, Workmen’s compensation, Employers’ Liability, Motor, Directors’ and Offercers’ Liability, Banker’s Blanket Bonds, Professional Indemnity, and Single Project Professional Indemnity.

The team is able to work with its clients to understand their needs and goals with customised insurance solutions that include structured products on a mono-line or multy-line classes of insurance.

RISK CONSULTING

Page 8: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

The First Choice, The Best Solution

Address : 2F,Yerang Bldg., 31-12 Hap-dong,Seodaemun-gu, Seoul, Korea, 120-030 Tel : +82 2 776 5565 Fax : +82 2 735 5575www.rimac.co.kr

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RISK MANAGEMENT & CONSULTING

Marine

The marine team comprises senior practitioners with experience from the shipping industry,as well as understanding and claims handling expretise from both the primary insurance and reinsurance industry

The team posesses good understanding of our clients’ operations and has built good rapportwith various ship owners, shipyard and cargo interest-holders, and works closely with them toprovide effective risk management solutions to address their operational needs.

Life and Type 3 Insurance

The Team offers extensive experience in implementing innovative and customised solutions for private placement capabilities, ranging from low to ultra high net amount at risk solutions

Classes of business within Annuity, Injury, Medical, Personal Accident, and Nursing Insurance.

Areas of Expertise

Page 9: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

The First Choice, The Best Solution

Address : 2F,Yerang Bldg., 31-12 Hap-dong,Seodaemun-gu, Seoul, Korea, 120-030 Tel : +82 2 776 5565 Fax : +82 2 735 5575www.rimac.co.kr

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Rimac visions to be a wholesale broker of choice.Rimac is at the forefront to advise its clients of their reinsurance and risk solution needs across the value chain.

- Provision of exemplary service and advice- Offering access to domestic & international markets- Sharing its long-term strategic partners its insights and market intelligence gathered through its expansive network to assist them to better manage and price their risks

STRUCTURED REINSURANCE SOLUTIONS

Areas of Expertise

Page 10: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

The First Choice, The Best Solution

Address : 2F,Yerang Bldg., 31-12 Hap-dong,Seodaemun-gu, Seoul, Korea, 120-030 Tel : +82 2 776 5565 Fax : +82 2 735 5575www.rimac.co.kr

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Organization Chartas of March 2014

Dr. CG Lee

CMOKH.Shin

Vice PresidentJS Kwak

COOCG. Lee

Reinsurance Team

Mr. BC Kim, Team Leader+82 2 365-9310

[email protected]

Ms. EK Seo,Deputy General Manager

+82 2 [email protected]

[email protected]

Corporate Risks TeamSW Park, Managing Director

Special Risks TeamJP Park, Director

Marine TeamYJ Kim, Team Leader

New Business TeamBC Kim, Team Leader

SOC TeamYH Lee, Managing Director

Facultative Reins.

Treaty Reins.

Page 11: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

The First Choice, The Best Solution

Address : 2F,Yerang Bldg., 31-12 Hap-dong,Seodaemun-gu, Seoul, Korea, 120-030 Tel : +82 2 776 5565 Fax : +82 2 735 5575www.rimac.co.kr

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Management Structure

Board Of Directors

Tel : +82 2 365 9301Email:[email protected]

CEO & President

Dr. Chang Gil Lee

CEO, ERGO Daum Direct General InsuranceManaging Director, CIDO Shipping(H·K) Co.,Ltd.Divisional Director,Lotte InsurancePh.D. majored in Business AdministrationInsurance Claims AdjusterArbitrator, Adjunct Professor

Managing Director

Tel : +82 2 365 9304Email:[email protected]

Team Leader, Boheom-Net BrokerTechincian of Marine Ins.Team, STX Pan Ocean ShippingDirector, Korea Insurance Broker’s Association

Seong Weon Park

Tel : +82 2 365 9302Email:[email protected]

CMO

Standing Advisor,Samsung Fire&Marine InsuranceManaging Director, Samsung Fire&Marine InsuranceOverseas Manager,Keyngnam Enterprise Ltd.

Ki Hong Shin

Tel : +82 2 365 9303Email:[email protected]

Vice PresidentJoun Sup KwakPresident BBB Solutec Corp.V.President, Asia Union Co.,Ltd.General Manager, Meritz Fire&Marine Insurance

Managing Director

Tel : +82 2 365 9308Email:[email protected]

Senior Managing Director, HISGeneral Manager, Lotte InsuranceGeneral Manager, First Fire & Marine Insurance

Youn Hyu Lee

Page 12: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

The First Choice, The Best Solution

Address : 2F,Yerang Bldg., 31-12 Hap-dong,Seodaemun-gu, Seoul, Korea, 120-030 Tel : +82 2 776 5565 Fax : +82 2 735 5575www.rimac.co.kr

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Smart Performance

Insweek Weekly, 24 December 2012

Certificate for Business Registration

November 23, 2012 proved to be a milestone for Rimac, as it has become the first Korean reinsurance & insurance broker in Azerbaijan territory by attaining a formal approval from the Ministry of Finance of the Republicof Azerbaijan. Rimac expects that there will be abundant opportunities to deal directly with Korean interests which enter into Caspian Sea region countries.

Rimac attained a formal approval being the first foreign insurance broker in Azerbaijan

Page 13: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

The First Choice, The Best Solution

Address : 2F,Yerang Bldg., 31-12 Hap-dong,Seodaemun-gu, Seoul, Korea, 120-030 Tel : +82 2 776 5565 Fax : +82 2 735 5575www.rimac.co.kr

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Associates

Non-LifeInsurance

LifeInsurance

Re-Insurance& Broker

Page 14: RISK MANAGEMENT & CONSULTING · GLOBAL INDEPENDENT INSURANCE BROKER COMPANY PROFILE RIMAC Yerang Bldg. 2F. Hap-dong, Seodaemoon-gu, Seoul, Korea(120-030) T. +82 2 776 5565 F. +82

The First Choice, The Best Solution

Address : 2F,Yerang Bldg., 31-12 Hap-dong,Seodaemun-gu, Seoul, Korea, 120-030 Tel : +82 2 776 5565 Fax : +82 2 735 5575www.rimac.co.kr

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Company in General ( as of May 2013 )

Company Infomation

Location

Category

Company Name

Representative

Licensed Date

Address

Tel. & Fax.

Website

Person being in touch

Rimac Insurance Services Co.,Ltd.

Dr. Chang Gil Lee , CEO & President

March 8, 2002

2F, Yerang Bldg., 31-12, Hap-dong, Seodaemun-gu, Seoul, Korea, 120-030

Tel : +82 2 776 5565, Fax : +82 2 735 5565

www.rimac.co.kr

Mr. Seong Weon Park(Tel. +82 2 365 9304, E-mail : [email protected])

Explanation

French Embassy