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About SGI

  • Company Overview
  • CEO Message
  • CEO Profile
  • Brief History
  • Organization Chart
  • Credit Ratings
  • Vision
  • Press Release

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> About SGI > CEO Message

CEO Message

SGI Provides the World’s Top-Tier Solutions to Live its Social Value as
"Your Best Credit Partner"

SGI is the largest comprehensive guarantee insurer in Korea,
and commits itself to the economic development
and the creation of a credit-based society
under its vision centered on customers.

Dear valued customers,

SGI has offered services helpful for the economic activities of individuals and corporations and has kept pace with the economic development of Korea ever since it was incorporated in 1969.

SGI is the largest comprehensive guarantee insurer in Korea and the third largest in the world with the amount of its guarantee supply recorded at KRW 364 trillion as of the end of September 2020. SGI focuses on supporting the economic activities of individuals and corporations with an extensive lineup of products, such as the Contract Bond covering various contracts, the House Rental Credit Insurance supporting residential stability of the low-income population, and a mid-interest loan guarantee assisting the financial consumers who have medium creditworthiness.

In addition, SGI was rated A+ by Standard & Poor’s and AA- by Fitch Ratings on the strength of its excellent profitability and financials, and has been on the International Credit Insurance & Surety Association (ICISA)’s list of “Top 3” global credit/guarantee insurers for three consecutive years. SGI is now truly one of the world’s renowned financial institutions.

SGI has its representative offices in Beijing, Dubai and New York. To expand globally, SGI set up a branch in Hanoi, Vietnam in 2014 and thus became the first foreign general insurer to have such presence in the country. SGI is using the branch as a platform to introduce Korea’s advanced guarantee insurance system. The Asia Guarantee and Credit Insurance Association (AGCIA) founded by SGI last year is also a bridgehead towards the global guarantee market.

Moreover, SGI is giving a helping hand for the growth and independence of future generations to take its corporate social responsibilities fully.

SGI is in its 52nd year and has embarked on a new journey to become a centenarian company. To achieve the goal, SGI will go through digital transformation, expand globally and strengthen partnerships for sustainable growth. As a reliable credit partner, SGI will keep transforming and innovating itself to help you succeed.

Your unwavering support and attention for SGI would be highly appreciated. I wish you all the best and good luck.

Kwang-Yeol Yoo President and CEO

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