Case 2. Carrot Insurance Company
Korea's 1st Digital Property Insurance Company
[Company]
Carrot Insurance Company is Korea's first digital property insurance company jointly established by large domestic and foreign investors such as Hanwha, SK Telecom, Altos Ventures, Stick Investment, and Hyundai Motor Company. Unlike other insurance companies, ‘Carrot Plug’ installs its own IoT product in the car's Seager Jack to measure driving distance and operates an auto insurance product that pays in every month only for the amount driven.
[Challenge]
- Establish a flexible IT resource operating system based on the cloud and reduce initial IT investment costs.
- Build a DR center for crisis response
[Solution]
1.
Using the cloud-optimized DB Tibero, approximately 2,800 tables, around 5,400 indexes, and 570 PSMs are applied within the system
2.
Providing data synchronization for the DR center by Prosync, a CDC solution.
[Result]
Through TmaxTibero’s powerful DBMS service, Carrot Insurance Company is able to establish a quick and accurate insurance business system.
Through the establishment of the Tibero DB, the optimization of processes for core functions such as insurance enrollment, assessment, and compensation in Digital Insurance.
Ensuring business flexibility and stability through the development of Digital Insurance's core functions using the Micro Service approach.
Establishing a system where rapid customer feedback can be accommodated through an automated development and operational environment.
Providing a reasonable DBMS TCO (Total Cost of Ownership) through a 50% cost reduction compared to competitors