360F, the trailblazing insurtech behind the behavioral finance-driven autopilot for financial happiness “360-ProVestment®”, and SBCN, leading fintech firm in South Korea for its artificial intelligence and big data financial applications, are proud to announce a software development and distribution partnership today. The co-operation will accelerate 360F’s global footprint in East Asia and advance its A.I. development.
As a start, both companies will focus efforts in localizing 360-ProVestment® to integrate with the life insurers in South Korea. 360F’s flagship product enables financial advice to not only be optimized for insurance and investments but also measurable in the context of the end customer’s self-defined financial happiness. SBCN is reputable for its real-time big data processing and A.I. strategy generation, and development capabilities to meet the needs of the financial institutions.
“With 360F algorithm and SBCN’s AI technology, we will be able to achieve good results in the insurance and asset management fields using robo-advisor in the Korean market”, Daniel Sohn co-founder of SBCN mentioned. “The collaboration between insurtech and robo-advisor leaders will provide better services to the customers and we look forward to great achievements in the future” added John Lee, co-founder of SBCN.
“This cooperation is an important milestone in our globalization journey. Having entered and analyzed the South Korean market through the K-Startup Grand Challenge where 360F has been listed as top 40 most innovative companies, we are convinced of 360-ProVestment®’s relevance in this country”, 360F’s CEO Michael Gerber noted. “SBCN’s openness and innovative thinking is a good match for 360F. “We look forward to making a meaningful impact together in South Korea” added Clarie Kwa, 360F Director for Business and International Development.
360F enables data-driven and scalable advisory in life insurance and wealth management with intelligent automation and scientific engagement. Its flagship 360-ProVestment® is the world’s first-ever autopilot for financial happiness, covering life protection and wealth management needs, enabling advisors and agents to help their customers achieve the optimal financial well-being. Headquartered in Singapore, 360F is listed among the top 20 start-ups in the 2019 Global Fintech Hackcelerator held during the Singapore Fintech Festival.
SBCN is a Korea-based corporation, leading the A.I. and big data industry in the financial market. To date, it has successfully developed platforms for big data processing and artificial intelligence, refining financial big data in real time and generating AI strategies. SBCN is an award-winning graduate of the Hanwha Dream Plus accelerator program and has attracted investments from conglomerates including the Shinhan group.
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