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Seoul Guarantee Insurance Company

Asia committee Credit Insurance Committee Surety Committee Surety Trade Credit Insurance Asia

Member details

South Korea Surety, Trade credit

Contact +82 2 3671 7213
Company Info

Established in 1969, SGI has provided a diverse range of guarantee and credit insurance services that have paved the way for the development of Korea’s economy and the lives of individuals for more than five decades.

In 2022, SGI established itself as the leading guarantee institution in Korea by delivering USD 1,643 million in premium revenues and USD 445 million in net profit.

SGI was rated AA- by Fitch Ratings and A+ by Standard & Poor’s. With solid credit ratings, SGI expanded its business network further by utilizing its global presence: Hanoi Branch, representative offices in Beijing, New York, and Jakarta, and SGI MENA (SGI’s first-ever overseas subsidiary in Dubai).

SGI, as a global guarantee insurer promoting the prosperity of both individuals and corporates, will exert its best efforts to bring its business to a higher level and accommodate the needs of the fast-changing financial market.

Board of Directors

Mr. Myung-Soon Lee (President & CEO)

Mr. Byeong-Zu Ahn (Chief Audit Executive)

Mr. Eui-Tak Hwang (Executive Director)

Mr. Sang-il Nam (Executive Director)

Mr. Bu-Eun Kim (Executive Director)

Mr. Andrew Weik Park (Executive Director)