Hanwha AI Center Officially Opens in San Francisco

Hanwha Group's financial subsidiaries, Hanwha Life Insurance, Hanwha General Insurance, and Hanwha Asset Management, have made a significant move towards AI innovation by inaugurating the Hanwha AI Center (HAC) in San Francisco, USA. The opening ceremony, held on December 3, signifies Hanwha Financial's commitment to integrating artificial intelligence into their services.

Key figures from Hanwha Financial attended the event, including Yeo Seung-joo, Vice Chairman and CEO of Hanwha Life Insurance, Na Chae-beom, CEO of Hanwha General Insurance, and Kim Jong-ho, CEO of Hanwha Asset Management. Notable AI scholar Andrew Ng and James Landay, Director of the Human-Centered AI (HAI) at Stanford University, also graced the occasion, underscoring the center's strong academic and industry ties.

Yeo Seung-joo, in his welcoming speech, articulated the vision behind the Hanwha AI Center, stating, "The Hanwha AI Center embodies a vision to draw a blueprint for the future of economic and financial services." He emphasized Hanwha Financial's dedication to AI innovation, adding, "We will contribute to the sustainable development of Korea's financial industry through active cooperation with local networks at the center of the global AI ecosystem."

The event featured presentations by Kim Rae-yoon, Director of the Hanwha AI Center, Kim Il-goo, Director of Hanwha Life Insurance AI Research Institute, and Kim Joon-seok, Head of Hanwha Life Insurance AI Office, showcasing Hanwha Financial's AI achievements and future plans. A plaque unveiling ceremony and an office tour marked the official commencement of the center's operations.

The Hanwha AI Center aims to foster collaboration with the local ecosystem in San Francisco, known for its technological advancements and AI industry. By engaging with leading universities, AI startups, and investment firms, the center aspires to enhance Hanwha Financial's competitiveness. Its objectives include developing advanced financial products, securing proactive investment opportunities, promoting open innovation, and pursuing new business initiatives.

Hanwha Life Insurance has been a pioneer in AI research for over a decade, investing in the field since 2014. The company has been filing AI-related patents annually since 2020, demonstrating its commitment to digital innovation and transformation. This long-term dedication underscores Hanwha's strategic focus on leveraging AI to revolutionize financial services.