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AGCIA

The start of AGCIA was first envisioned by SGIC with the idea to promote growth and advancement of guarantee and credit insurance services throughout all Asian region. From Aug. to Sept. 2019, companies from a number of Asian countries -Thailand, Taiwan, Philippines, Indonesia, Singapore, Malaysia, and China - gathered to share a common view to establish an association that would best represent its communal interest. On Nov. 18, the Founding Meeting of Members was held to announce the official beginning of AGCIA.

2019
Jan. ~ June.
  • Groundwork process for establishing AGCIA
July ~ Dec.
  • Membership Campaign through visiting 23 companies across 7 nations
  • Founding Meeting of Members held on Nov. 28, 2019
    - Chairman: Sang-taek Kim, President & CEO of SGI
    - Board: Baoviet, BIC, China United, Nat Re, SGI, Sinar Mas, Tianan, Korean Re
2020
April
  • Permission of Incorporation by FSC, Korea
  • Official Establishment & Corporate Registration
September
  • 1st Annual General Meeting held on Sep 25, 2020 (Video Conferencing)
    - New member : Gongbao Techonoly(China)
  • Obtained Permit as the “Designated Organizations Receiving Donations” on Sep 29, 2020 from the MOEF(Ministry of Economy and Finance)
December
  • Mr. Kwang-Yeol Yoo, President & CEO of SGI, appointed as the 2nd President of the AGCIA
2021
Jan.
  • 1st Virtual Meeting with members
Mar.
  • New member : Tinubu Square (Singapore)
June
  • 2nd Capacity Building Seminar
Aug.
  • New member : Archipelago Insurance (Malaysia)