Richard Moon

Chief Strategic Investment Officer

Richard (Hyoil) Moon is a prominent figure in the South Korean insurance and investment sectors, currently serving as the Chief Executive Officer of Carrot General Insurance since September 2022. Previously, he held the position of Chief Strategic Investment Officer at Hanwha Life Co., Ltd. from September 2021 to September 2022, where he focused on developing new business opportunities through strategic investments and partnerships.1

Professional Background

Carrot General Insurance: CEO (September 2022 - Present)
- Leading Korea's first fully licensed digital insurer.
Hanwha Life Co., Ltd.:
- Chief Strategic Investment Officer (September 2021 - September 2022)
  - Responsible for leveraging investments to foster new business initiatives.
- Head of Open Innovation Division (December 2019 - October 2021)
  - Led the DREAMPLUS platform, promoting collaboration with innovators and startups.
- Vice President (December 2018 - December 2019)
  - Managed strategic investments from venture capital to direct investments.
- Head of Strategic Investment Team (February 2007 - December 2018)
  - Focused on digitalization and new business development in fintech and lifestyle sectors.1 2

Education

Seoul National University: Bachelor’s degree in Business Administration (1989 - 1993)
University of Michigan - Stephen M. Ross School of Business: Master of Business Administration (MBA) (2011 - 2012)

Richard Moon's extensive experience in strategic investments and innovation within the insurance industry positions him as a key player in shaping the future of financial services in South Korea.