SBI Insurance Group Co., Ltd. (7326) Stock Price

SBI Insurance Group operates three business segments: property and casualty insurance, life insurance, and small-amount short-term insurance. These businesses are conducted by SBI Insurance Group and nine subsidiaries. Each segment provides different insurance products and services to meet diverse customer needs.

The property and casualty insurance segment is operated by SBI Insurance Co., Ltd. This segment offers auto insurance, cancer insurance, and fire insurance through the internet and insurance agents. The company aims to expand its distribution channels by offering competitive premiums and strengthening alliances with business corporations and regional financial institutions.

The life insurance segment is operated by SBI Life Insurance Co., Ltd. This segment provides online-exclusive term life insurance, disability income insurance, and medical insurance. The company also offers group credit life insurance for mortgage borrowers through financial institutions, addressing a wide range of customer needs.

The small-amount short-term insurance segment comprises seven companies, including SBI Ikiki Small-Amount Short-Term Insurance Co., Ltd. These companies offer distinctive products such as term life insurance, medical insurance, long-term care insurance, comprehensive rental housing insurance, and pet insurance through the internet and insurance agents. Pet insurance, in particular, is provided online to meet diverse customer needs.

SBI Insurance Group began operations in March 2017 as an intermediate holding company overseeing insurance operations within the SBI Group. SBI Holdings Co., Ltd. holds a 59.7% stake in the company and supports the group's overall insurance business.

SBI Insurance Group is driving innovation in the insurance industry based on customer-centric principles. The company aims to enhance customer satisfaction and sustain corporate value growth by providing high-value products and services tailored to customer needs.

The company's growth strategy is built on three pillars: price competitiveness, synergy networks, and advanced technology utilization. Through efficient customer engagement and cost optimization, the company achieves a low expense ratio and strengthens price competitiveness. Additionally, it expands its customer base by leveraging the SBI Group network.

The medium-term management plan targets three core strategies—"synergy," "technology," and "niche"—with goals of 160 billion yen in operating revenue and 17 billion yen in operating profit by 2028. The company will strengthen its management foundation and expand distribution channels efficiently by utilizing group synergies.

In its technology strategy, the company pursues operational efficiency and improved customer convenience through AI and big data utilization. This differentiates the company from competitors and enhances competitiveness. In its niche strategy, the company develops new markets and innovative products by leveraging its unique strengths.

In the non-life insurance business, the company aims to strengthen its presence in the direct insurance market by developing new products and improving operational efficiency. In the life insurance business, it deploys efficient revenue growth measures and pursues operational efficiency through AI utilization. In the small-amount short-term insurance business, the company advances new product development and existing product improvements while positioning itself as an industry leader.