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Korea Trade Insurance Corp. to Commercialize Trade Insurance Fintech Services Within Year
K-sure Introduces Robots
Korea Trade Insurance Corp. to Commercialize Trade Insurance Fintech Services Within Year
  • By Yoon Young-sil
  • November 20, 2019, 13:14
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Lee In-ho (second from left), president of Korea Trade Insurance Corp., poses for a commemorative photo shoot with the winner of a robot employee naming contest at its head office in Seoul on Nov. 19.

Korea Trade Insurance Corp. (K-sure) will complete a platform of trade insurance fintech services for small and medium-sized exporters in December.

K-sure announced on Nov. 19 that it plans to launch an advanced online version of an export credit guarantee service which requires the submission of 17 types of documents and handwriting, and online-only trade insurance and guarantee products. To this end, the corporation launched the Fintech Department in July.

K-sure introduced a robot loaded with robotic process automation (RPA) technology. On its first day of service, the RPA Robot inquired information and data on about 1,000 closed or suspended companies and immediately put the results into the guarantee screening system.

Earlier, K-sure selected “Sherbot” and “Worabot” as the best names of the two RPA robots through an internal naming contest. A prize was given to the winner who suggested the names. The robots were given an employee ID card in a ceremony at the headquarters of the corporation in Jongno-gu of Seoul.