The Korea Insurance Research Institute and the Institute of Insurance Economics at the University of St Gallen in Switzerland are collaborating on research to tackle emerging risks, including AI, self-driving vehicles, and cyber threats.
Founded in 1949, the Institute of Insurance Economics is one of Europe's leading research bodies in insurance and risk management. The partnership between the two institutes will foster international research cooperation to address the emerging risks of widespread AI technology and commercial self-driving cars.
The two organisations will expand their partnership through researcher exchanges, joint studies, and academic events. The Korea Insurance Research Institute aims to leverage European experience to strengthen its research on domestic insurance systems and policy development.