SKFH established Taiwan Shin Kong Insurance Brokers Co., Ltd. (SKIB) to provide customers with a full range of financial services and further realize synergies through cross-selling within the group. Through SKFH channels, SKIB provides a complete line of non-life products to meet customer needs.
SKIB was established in March 2003 to market non-life insurance products, with a focus on motor insurance (including compulsory insurance for cars and motorcycles), followed by accident insurance and fire insurance. Until 2009, total premium income of SKIB has grown 600% to NT$1.37 billion.
To further develop its non-life business and enhance service quality, SKIB will continue to leverage the extensive agency channel of Shin Kong Life (SKL) to cross-sell products and set up service windows at SKL's service centers to provide customers with a broad range of insurance services.