Pacific Law Firm (BKL) announced on July 28 that it signed a memorandum of understanding (MOU) with KB Insurance and Small Ticket on July 27 at its headquarters in Jongno, Seoul, to collaborate on AI and data-driven industrial safety and serious accident prevention.
Since the implementation of the Serious Accident Punishment Act, establishing safety and health management systems has become a core management task for companies. This collaboration is significant as it aims to create a prevention-focused safety management system that integrates law, technology, and insurance.
BKL plans to leverage its accumulated consulting experience and expertise in industrial safety and health law and the Serious Accident Punishment Act to support companies in effectively responding to the changing regulatory environment and establishing practical safety management systems on-site.
Under the agreement, the three parties will build an integrated support system for industrial safety based on their respective expertise. BKL will handle the establishment of safety and health management systems and provide legal and regulatory consulting. KB Insurance will develop incentive-linked insurance products for businesses with excellent safety management. Small Ticket will provide a technical foundation for analyzing and preventing on-site risk factors using its AI-based safety management platform, RMS (Risk Management Solution), and OBD (On-Board Diagnostics) vehicle operation data analysis technology.
In the future, the three companies plan to gradually implement various collaborative projects, including joint consulting, training, seminars, and the development of services that link industrial safety-related legal content with AI platforms, as well as enhancing insurance products based on risk management data. This initiative aims to create a virtuous cycle where improving safety management levels reduces legal risks and insurance burdens for companies.
Jung Soo-bong, the representative attorney of BKL, stated, "Since the implementation of the Serious Accident Punishment Act, establishing safety management systems in the delivery and logistics sectors has become a necessity, not an option. We will support the establishment of effective safety management systems on-site based on our legal expertise."
Park Sang-kyu, a division head at KB Insurance, emphasized, "The core of this agreement is to create an insurance product structure that provides tangible benefits to businesses with high safety management levels. We aim to lower loss ratios through data-driven risk management, creating a virtuous cycle that leads back to on-site safety improvements."
Kim Jung-eun, the representative of Small Ticket, remarked, "The capabilities of our AI and data-driven safety management platform RMS can now be combined with the expertise of law and insurance, allowing us to develop a safety management model applicable on-site. We aim to contribute to creating a safe working environment that delivery and logistics workers can truly feel."
* This article has been translated by AI.
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