Carrot Sonbo appoints new CEO Hyo-il Moon

Carrot Insurance, Korea’s first digital non-life insurance company, held its 10th board of directors meeting on the 1st and announced that it had newly appointed Hyo-il Moon as CEO.

Since joining Hanwha Group in 1993, new CEO Moon has been in charge of strategic investment and consulting in various fields, and is known as an expert in global strategic investment and digital innovation. In particular, he led the ‘Open Innovation Promotion Office’ organized to strengthen Hanwha Life’s digital financial environment capabilities, served as the captain of the ‘New Business Division’ promoting IT (information technology)-based new businesses and strategic investments, and served as the head of the Strategic Investment Division, etc. It is recognized for its high understanding of the rapidly changing global IT industry and its expertise in strategic business operation.

Since its establishment, Carrot Insurance has been leading a new change in the insurance industry with services that combine IT technology with insurance. It is rapidly expanding its position in the insurance industry through various IT services such as big data and AI (artificial intelligence) image recognition technology, centering on per-mile car insurance that pays only for the amount of travel by measuring the mileage.

An official from Carrot Sonbo said, “As the industry changes in which the agile introduction of global IT technology and strategic networking with various institutions is important, we welcomed CEO Hyo-il Moon, who has a lot of experience and expertise in this, as the new head.” Under the leadership system, we expect to lay a solid foundation for growth and rapidly increase market share.”

CEO Moon said, “Carrot has been recognized for its future growth value to the extent that it is about to become a unicorn company within this year, and it is time to prepare for a bigger leap with advanced services that match the rapidly changing IT technology trends. As much as we have to, we will do our best to contribute to the growth of Carrot by utilizing the advantages of open innovation that we have experienced.”

Reporter Jun-Young Kim [email protected]

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Source: 경제 by

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