Insurance Industry & InsurTech Report — 2026-09-15
Concerns over data security are rising as PSPD prepares a press conference opposing the Digital Healthcare Act. Meanwhile, Spanish insurers are stepping up personalization and digitalization to tackle aging populations. With the finalization of the 2026 MyData support projects, real-world testing of non-financial linked services like AI health management is set to take off.
Insurance Industry & InsurTech Report — 2026-09-15
Domestic Insurance Industry Trends
- Opposition to Digital Healthcare Act & Personal Data Security Issues: The PSPD Social Welfare Committee is holding a press conference at the National Assembly Communication Hall on September 15 to oppose the push for the Digital Healthcare Act. This follows a recent hacking incident at Healing Paper, the operator of the digital healthcare platform 'Gangnam Unnie', which leaked the personal information of approximately 220,000 users. The event highlights growing data security concerns across the insurance and healthcare sectors.

- 2026 MyData Support Projects Confirmed: According to a report by Korea Data Economy Newspaper, a total of 8 projects have been confirmed for the 2026 MyData support initiative. The selected projects include 'AI Health Management', which will be demonstrated through non-financial MyData open calls. This is expected to influence how insurance companies develop health-management-linked services.

Global InsurTech and Healthcare Achievements
- Spain's Personalization and Digitalization Strategies for Aging Populations: Spain's Redaccion Medica reported that local insurance companies are facing the dual challenge of an aging population and the influx of younger customers. To balance private medical insurance premiums, these insurers are focusing heavily on personalization and digitalization.

Market Insights and Analysis
Recently, personal data leak incidents alongside the growth of the domestic digital healthcare industry have triggered strong backlash from civic groups against regulatory bills. This indicates an urgent need to secure social trust in business models where insurers utilize healthcare data.
Meanwhile, much like overseas trends, changing demographics are forcing insurance companies to go beyond traditional coverage and offer AI-driven, personalized health management services. The finalized MyData support projects also provide domestic insurers with an opportunity to test-drive new healthcare-linked services combined with non-financial data.
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