Toss Insurance, a corporate insurance agency (GA), said on the 30th it held a regular shareholders meeting on the 27th and approved the reappointment of current CEO Cho Byung-ik. The new term runs for two years starting Apr. 1. After two consecutive reappointments since 2019, Cho will lead the organization for 10 years through 2028.
Since Cho took office, Toss Insurance shifted to face-to-face sales in early 2022 and grew into a large GA with nearly 3,000 planners. In addition to quantitative growth, it ranked in the industry's upper tier on key efficiency indicators such as productivity per person and policy retention rate.
On this basis, Toss Insurance received the DB Insurance premium GA brand award in 2024 and the KB Life financial consumer protection excellent GA award in 2025. Recently, it signed memorandums of understanding (MOUs) with insurers including Samsung Life Insurance, Samsung Fire & Marine Insurance, and KB Insurance to protect consumers.
Cho said, "We will keep our promise to become the irreplaceable best partner in helping planners, Toss Insurance's first customers, succeed."