Seoul, x,
South Korea
Samsung Fire & Marine Insurance Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Samsung Fire & Marine Insurance and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 5692 Samsung Fire & Marine Insurance employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Samsung Fire & Marine Insurance has purchased the following applications: Samsung Nexledger Universal for Blockchain Platform in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Samsung Fire & Marine Insurance is running and its propensity to invest more and deepen its relationship with Samsung SDS or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Samsung Fire & Marine Insurance revenues, which have grown to $7.99 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Samsung Fire & Marine Insurance intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Samsung SDS | Legacy | Samsung Nexledger Universal | Blockchain Platform | Blockchain | n/a | 2020 | 2020 | In 2020, Samsung Fire & Marine Insurance implemented Samsung Nexledger Universal, a Blockchain Platform, to digitize and streamline medical insurance claims processing. The deployment leverages Samsung Nexledger Universal as an enterprise distributed ledger to create a verified claims initiation layer that directly links insurers, hospitals, and digital health providers for end to end claim evidence exchange and verification. The implementation configured functional capabilities for claim initiation, digital receipt and customer document capture, and smart contract based automation for routine claims validation. Patient facing intake channels were instrumented so claims can be submitted at hospital reception counters, at kiosks, or via the KakaoTalk mobile messenger app, while the platform stores digitized receipts and documents to reduce manual paperwork and support fraud prevention through shared verification. Operational integrations explicitly include participating insurers such as NongHyup Life Insurance and hospital adopters including Kangbuk Samsung Hospital and Hallym University Dongtan Sacred Heart Hospital, with a planned expansion to roughly 30 additional hospitals including Seoul Medical Center. The operational scope centers on claims processing functions across insurers and medical facilities in South Korea, and on enabling digital connectivity between payers and providers. Governance and workflow changes restructured claim intake so insurers receive verified documentation directly from provider endpoints, creating new processes for document exchange, access control, and claims verification on the Nexledger ledger. The project emphasizes claim initiation and fraud mitigation, while industry commentary notes that automated policy coverage matching remains a broader challenge for claims automation beyond routine checks. |
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