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Samsung Fire & Marine Insurance (SFMI), established in 1952, is a premier non-life insurance company in South Korea and a key member of the Samsung Group. It provides a diverse range of insurance products and services, including auto insurance, general P&C (property and casualty) insurance, long-term insurance, marine, aviation, and reinsurance. With a strong focus on customer satisfaction and digital innovation, SFMI has expanded its operations globally, establishing a presence in key markets across Asia, Europe, and the Americas. The company is committed to sustainable growth, risk management, and contributing to societal well-being through its various CSR initiatives.
Serves as the central hub for global operations, strategic decision-making, product development, risk management, and corporate governance for Samsung Fire & Marine Insurance.
Modern high-rise corporate building, likely equipped with advanced technology infrastructure typical of Samsung facilities. Designed to accommodate a large workforce and facilitate efficient operations.
Reflects a blend of traditional Korean corporate culture emphasizing diligence, teamwork, and hierarchy, combined with Samsung's push for innovation, technological adoption, and global competitiveness. Emphasis on customer service and financial stability.
The headquarters is vital for coordinating SFMI's extensive domestic market leadership and its expanding international insurance and reinsurance activities. It symbolizes the company's stability and prominence in the financial sector.
Samsung Fire & Marine Insurance supports a wide array of functions globally, including direct insurance underwriting (property, casualty, marine, auto), reinsurance services, claims management, risk assessment, and customer support. The company operates through a network of branches, subsidiaries, and liaison offices in key markets across Asia (e.g., China, Vietnam, Indonesia, Singapore, India), Europe (e.g., UK), and the Americas (e.g., USA, Brazil). This global network enables SFMI to serve multinational corporations, manage diverse risk portfolios, and tap into growth opportunities in emerging and developed insurance markets worldwide.
67, Seocho-daero 74-gil
Seoul
Seocho-gu
Republic of Korea
Address: Samsung Vina Insurance Co., Ltd., 22nd Floor, E.town Central Building, 11 Doan Van Bo Street, Ward 13, District 4, Ho Chi Minh City, Vietnam
To serve the growing Vietnamese insurance market, support Korean and international businesses in the region, and expand SFMI's footprint in Southeast Asia.
Address: Samsung Fire & Marine Insurance Company, U.S. Branch, 101 Hudson Street, Suite 3602, Jersey City, NJ 07302, USA
To underwrite and manage risks for commercial clients in the U.S. market, leveraging SFMI's global expertise and financial strength. Also facilitates strategic partnerships and investments in the U.S.
Address: Samsung Fire & Marine Insurance Company of Europe Ltd., 4th Floor, 40 Gracechurch Street, London, EC3V 0BT, United Kingdom
To cater to the insurance needs of businesses operating in Europe, manage European risk exposures, and strengthen SFMI's presence in the key London financial market.
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As of April 2025, Samsung Fire & Marine Insurance' leadership includes:
Samsung Fire & Marine Insurance has been backed by several prominent investors over the years, including:
The most significant executive change in the past year was the appointment of Lee Mun-ho as the new President and CEO, effective from March 2024 (nominated in December 2023). This represents a key leadership transition, succeeding Choi Young-moo.
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Samsung Fire & Marine Insurance, like other Samsung affiliates, generally uses standardized email formats for its employees. Common patterns typically involve a combination of the employee's first name, last name, or initials, followed by the company domain '@samsungfire.com'. Variations might exist based on department or region, but these are the most prevalent formats.
[first].[last]@samsungfire.com or [firstinitial][lastname]@samsungfire.com
Format
jane.doe@samsungfire.com
Example
85%
Success rate
The Korea Herald • December 20, 2023
Samsung Fire & Marine Insurance announced the nomination of Lee Mun-ho, then an executive vice president, as its new CEO. The appointment was subject to approval at the annual shareholders' meeting in March 2024, succeeding Choi Young-moo....more
Antara News • October 30, 2023
PT Samsung Fire & Marine Insurance Indonesia, a subsidiary of SFMI, was awarded the 'Best General Insurance Company 2023' in the category of companies with assets between Rp500 billion and Rp1 trillion by Media Asuransi. This award recognized the company's performance and contribution to the Indonesian insurance industry....more
The Korea Economic Daily • May 15, 2024
Samsung Fire & Marine Insurance Co. reported a 14.6% year-on-year increase in its first-quarter net profit, reaching 701 billion won ($517.8 million). This growth was attributed to strong performance in its underwriting business, particularly in long-term and general insurance lines, alongside improved investment returns....more
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