- To designate 74 long-term customers as the members of ‘K-SURE Honor Club’ and hold a meeting with them.
- To support export growth through trade insurance by reflecting the ideas of customers.


■ Korea Trade Insurance Corporation (K-SURE, www.ksure.or.kr) held 「K-SURE Honors Club Ceremony」in its headquarter located in Jongno-gu, Seoul.


○ ‘K-SURE Honors Club’ is introduced to build a win-win partnership with long-term customers of trade insurance. 74 of exporters who have been actively utilizing trade insurance were designated as th e members of the Club.

○ On that day, K-SURE delivered a plaque to SI Flex Co,. Ltd, a medium-sized exporter of smart phone parts, and J CHEM Korea Corporation, a SME exporting chemical products. Also, we had a valuable time communicating with our 13 members online.


■ Mr. In-gi Na, CEO of J CHEM Korea said, “We have been effectively prepared our business by utilizing trade insurance for the last 10 years. Thanks to that, we could see a steady increase in our export volume and don’t have to worry about non-payment risk of export even in this COVID-19 crisis.”

○ J CHEM Korea has been using short-term export insurance to prevent non-payment risk of export. Also, K-SURE’s export credit guarantee has helped it manage its liquidity with early cashing of export receivables. As a result, as of April, the export volume of the company surpassed those in the first half of last year.


■ In order to achieve win-win growth with long-term customers and help Korea’s export to grow, we are planning to diversify our communication channels with the member companies and further strengthen the trade insurance support for them.

○ To be more specific, we will have more frequent meetings with member companies and make more visits to exporting sites. By doing so, we can establish a customized supporting system that reflects difficulties in export and customers’ opinions.

○ Also, for growth in export through trade insurance, we will provide special consulting on import/export, accounting, and preference of insurance(guarantee) fees and limits.


■ In order to help Korea’s exports to overcome the adversities we now face from COVID-19 and to maintain our growth momentum, K-SURE has greatly expanded the quantitative supply of trade insurance and is spurring the qualitative advancement of it.

○ K-SURE introduced non-contact ‘Direct Guarantee and Insurance’ to help exporters use trade insurance without any setbacks even in COVID-19 crisis. Thanks to this, for two consecutive years, we’ve obtained the ‘Excellent’ grade in the customer satisfaction survey on public institutions which was announced by the Ministry of Strategy and Finance in April.


■ Mr. Inho Lee, Chairman and President of K-SURE, said, “Exporters who have been consistently and widely using our trade insurance in COVID-19 will be able to smoothly overcome the crisis and find opportunities for growth in it.”

○ He added, “We will do our best to maintain growth momentum in export through more vibrant communication with trade insurance customers and generous policy support.”



* Mr. Inho Lee, Chairman and President of Korea Trade Insurance Corporation is taking a commemorative photo after delivering a plaque to officials of small and medium-sized enterprises designated as the members of ‘K-SURE Honors Club’ at the headquarter of K-SURE in Jongno-gu, Seoul.