1,300 participants from 175 companies across 27 countries gathered at the Grand InterContinental Seoul Parnas in Gangnam, Seoul from June 10 to 11 to discuss how artificial intelligence, cyber risk, and mobility innovation are reshaping the future of insurance. Participants assessed how the insurance sector must adapt to rapidly evolving technologies and interconnected risks that are redefining traditional underwriting and claims approaches.
On June 10, the opening day of the Global Insurance Conference KIIC 2026 featured The LINK safety network general meeting, which brought together participants from the public, private, and academic sectors. The meeting aimed to identify areas of cooperation in addressing social risks and narrowing protection gaps, with a strong focus on building more coordinated and resilient disaster response systems across industries and institutions.
Speakers emphasised that The LINK should develop into a broader social safety net platform anchored on collaboration between government, industry, and academia. Samsung Fire & Marine Insurance’s CEO and President Lee Mun-hwa described The LINK as “a practical platform that supports disaster risk reduction activities so they can be effectively embedded in industrial sites and helps companies strengthen their disaster response capabilities voluntarily.”
Meanwhile, Kim Yong-kyun, director general for natural disaster management at the Ministry of the Interior and Safety, highlighted the wider implications of corporate-level disasters, noting that an incident affecting one company can quickly extend into a community-wide or even national issue. He underscored the importance of public-private-academic cooperation and the development of an evidence-based disaster management system to improve preparedness and reduce systemic risk.
The event also saw Tokio Marine Holdings manager of the solution business department Makoto Yamashiro giving updates on Japan’s disaster prevention consortium, highlighting its progress, achievements, and future outlook. He discussed how data sharing, risk modelling, and cross-sector cooperation have strengthened disaster preparedness efforts. He also listed opportunities for scaling these approaches across broader insurance ecosystems.
Leading insurance and motor companies Aon, McKinsey & Company, Munich Re, Hyundai Motor Group, and Hartford Steam Boiler presented at the main session, focusing on global industry outlooks, AI-driven transformation, autonomous driving technology, and data-based innovation in insurance.
A central message throughout the conference was the industry’s shift from post-event compensation to proactive risk prediction and prevention. Speakers emphasised that AI, autonomous driving, and hyperconnectivity are fundamentally changing the future of insurance. With that, they stressed that insurers must evolve into partners that anticipate and prevent losses rather than simply respond to them after they occur.