home Introduction > History

History

History of General Insurance Association of Korea

2023 12.23 Mr. Byung-Rhae LEE was inaugurated as the 55th Chairman and CEO of GIAK
2020 12.23 Mr. Ji Won Jung was inaugurated as the 54th Chairman and CEO of GIAK
2017 11.06 Mr. Yong-Duk Kim was inaugurated as the 53rd Chairman and CEO of GIAK
2014 09.01 Mr. Nam-Sik Chang was inaugurated as the 52nd Chairman and CEO of GIAK
2013 06.16 GIAK and KLIA(Korean Life Insurance Association) hosted the 49th International Insurance Society (IIS) Annual Seminar in Seoul
2012 05.08 GIAK and General Insurance Association of Indonesia (AAUI) signed a cooperation agreement (MOU)
05.04 GIAK and Association of Vietnamese Insurers (AVI) signed a cooperation agreement (MOU)
2010 08.27 Mr. Jae-Woo Moon was inaugurated as the 51st Chairman and CEO of GIAK
2009 12.28 GIAK was granted an authorization for the inspection of insurance agents
2007 10.08 GIAK and German Insurance Association (GDV) signed a cooperation agreement (MOU)
08.27 Mr. Sang-Yong Lee was inaugurated as the 50th Chairman and CEO of GIAK
04.20 'Automobile Insurance Dispute Resolution Committee' was established
2006 07.27 The name of the association was changed to General Insurance Association of Korea
06.19 GIAK and Association of British Insurers (ABI) signed a cooperation agreement (MOU)
05.23 General Insurance Ads Review Committee was formed.
2004 08.27 Mr. Kong-Hyuk, Ahn was inaugurated as the 49th Chairman and CEO of GIAK
2003 11.25 GIAK and General Insurance Association of Japan (GIAJ) signed a cooperation agreement (MOU)
2002 01.08 Insurance Fraud Prevention Center was established
  01.11 GIAK is appointed as a life-long medical education and training center
1997 05.01 GIAK began medical insurance training(March, '98)
1989 06.01 GIAK transferred Atomic energy insurance part to Korean Re
1986 12.01 General Insurance Medical Screening committee was established
1982 01.01 Korea General Insurance Rating Committee was established.
(Insurance Rating calculation part was detached as a standalone business on Dec.16th, 1983)
1980 11.01 Both Marine/Bonded Cargo Fire Insurance pool and Korea Atomic
Energy Insurance pool were consolidated into GIAK
1979 01.01 GIAK was charged with operating Pooling office of Marine/Bonded Cargo Fire Insurance
1978 03.01 GIAK was charged with operating Korea Atomic Energy Insurance Pool
1975 01.01 Korea General Insurance Rating Association was consolidated
1948 09.01 Korea General Insurance Association was incorporated
1946 08.01 General Insurance Association of Chosun was established
(Chosun Fire, Shindonga Fire, Korea Fire, Seoul Fire)