Life Insurance Association Honors 12 Elderly Care Workers in New Awards

Awards Created This Year to Recognize Front-Line Care Workers "Expanding Role Beyond Insurance Into Elderly Care Industry"

Finance|
|
By Park Min-jooparkmj@sedaily.com
||
Kim Chul-ju (front row, center), chairman of the Korea Life Insurance Association, poses for a photo with award winners at the first Life Insurance Senior Life Care Awards held on the 21st, alongside Park Sung-hyun (front row, fourth), head of Samsung Noble Life; Woo Suk-moon (front row, fifth), CEO of Shinhan Life Care; and Cho Yong-beom (front row, seventh), CEO of KB Golden Life Care. Courtesy of the Korea Life Insurance Association - Seoul Economic Daily Finance News from South Korea
Kim Chul-ju (front row, center), chairman of the Korea Life Insurance Association, poses for a photo with award winners at the first Life Insurance Senior Life Care Awards held on the 21st, alongside Park Sung-hyun (front row, fourth), head of Samsung Noble Life; Woo Suk-moon (front row, fifth), CEO of Shinhan Life Care; and Cho Yong-beom (front row, seventh), CEO of KB Golden Life Care. Courtesy of the Korea Life Insurance Association

The Korea Life Insurance Association has created the Senior Life Care Awards to recognize outstanding workers in the nursing and elderly care field, selecting 12 recipients in its inaugural round.

The association said on the 21st that it held the first Life Insurance Senior Life Care Awards ceremony at the Life Insurance Education and Culture Center in Seoul. The award was established this year to boost the pride of workers on the front lines of nursing services and to raise awareness of the value and importance of caregiving, as the industry expands its senior-focused businesses.

A total of 12 people received awards at the ceremony, including care workers and nurses from Samsung Noble Life, Shinhan Life Care and KB Golden Life Care. The association said it selected workers who closely attended to the health conditions and daily needs of older residents and delivered high-quality care services based on expertise and a sense of responsibility.

Park Hyun-sook, a care worker at Samsung Noble County with 13 years of service who spoke on behalf of the recipients, said, "I feel the greatest reward when I see the elderly living comfortably and happily." Park added, "I take this award as encouragement and will continue to do my best in my role at their side, just as I have until now."

The association said it plans to continue identifying and recognizing outstanding care workers through the awards, while supporting the expansion of senior life care in the life insurance industry and improvements in service quality.

Kim Chul-joo, chairman of the association, said, "Good facilities, systems and new technologies all matter, but it is people who complete caregiving." He added, "The unseen dedication of care workers and nurses who quietly stay by the side of the elderly in the field is raising the standard of care in our society."

He also said, "The life insurance industry will expand its role beyond insurance into an industry that helps care for people's later years." He added, "We will broaden the care ecosystem through the training and education of care workers, senior food and age-tech, and play a responsible role in building a sustainable care system in which the public and private sectors work together."

Original reporting by Park Min-joo for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

Watch · Seoul Economic Daily

More →
2:02
World News Day 2026 — Know the facts. Understand what matters. #ChooseTrustedJournalism

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Company Atlas

Preview
Market Ontology · The Feedback LoopKFTC 2025 · 92 groups · 121,954 articles

An English ontology of the Korean market — how companies, the media, the government and the National Assembly move each other in a loop. Korea's named controlling persons and designated business groups are a mechanism, not a risk to be priced blind.

SIGNAL

Now live
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

SIGNAL English Edition is live — Korea's deal desk reporting in English. M&A, IPOs, private equity and fund flows, covered daily for global institutional investors. Browse free; subscriber-only scoops at the 50% intro rate.