DB Insurance Co Ltd - Company Profile
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DB Insurance Co Ltd (DB Insurance) is a subsidiary of Dongbu Group. It is an insurance service provider. DB Insurance offers a variety of products and services such as insurance policies, investment services, and banking solutions. Its offerings include health insurance, cancer insurance, child insurance, dental insurance, property damage insurance, pet insurance, overseas travel insurance, domestic travel insurance, golf insurance, actual loss medical expenses insurance, pension/savings, smart pension insurance, affiliate insurance, overseas study/long-term stay insurance, auto insurance, and loans. These services serve to a wide range of customers, including individual investors, corporate clients, and institutional investors. The company operates through prime agents, cross agents, and other agencies. DB Insurance has a presence in various locations including the US, China, and Vietnam. DB Insurance is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
Db Financial Center, 432, Teheran-Ro, Gangnam-Gu, Seoul, 06194
Website
www.idbins.com
Telephone
82 2 30113163
No of Employees
4,763
Industry
Financial Services
Ticker Symbol & Exchange
005830 (KRX)
Revenue (2024)
$12.3B
23.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-3.4%
(2024 vs 2023)
Market Cap*
$7.1B
Net Profit Margin (2024)
XYZ
-21.8%
(2024 vs 2023)
* As of and is in US$
DB Insurance Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Insurance: | Claims Services | Promy |
| Motor | On-Site Dispatch Services | Promy Life |
| Auto | SOS services | Promy Car |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company entered into a business agreement to sell pet insurance through E-mart and Molly's. |
| 2026 | Acquisitions/Mergers/Takeovers | In May, the company acquired The Fortegra Group, Inc., a specialty insurer, for approximately US$1.65 billion. |
| 2025 | Contracts/Agreements | In July, the company signed a partnership with Venbrook Group to promote specialty coverage options for multi-unit residential properties in California, the US. |
Competitor Comparison
| Key Parameters | DB Insurance Co Ltd | Samsung Fire & Marine Insurance Co Ltd | Hyundai Marine & Fire Insurance Co Ltd | Meritz Fire & Marine Insurance Co Ltd | Hanwha General Insurance Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | South Korea | South Korea | South Korea |
| City | Seoul | Seoul | Seoul | Seoul | Seoul |
| State/Province | Seoul | Seoul | Seoul | - | - |
| No. of Employees | 4,763 | 5,692 | 4,000 | - | 3,227 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kim Jeong-Nam | Chairman | Executive Board | 2009 | 74 |
| Jeong Jong-Pyo | President; Director; Chief Executive Officer | Executive Board | 2021 | 64 |
| Nam Seung- hyeong | Director | Executive Board | 2023 | 58 |
| Park Se-min | Director | Non Executive Board | 2025 | 63 |
| Jeon Seon-Ae | Director | Non Executive Board | 2023 | 63 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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