• Chairman of Incar Financial Service
    Choi Byeong-chae

    First GA Firm to Succeed in KOSDAQ Listing, Faces Intensifying Industry Competition

    Last Updated on Apr 17, 2025

Life Summary

Choi Byeong-chae is the Chairman and CEO of Incar Financial Service.

He aims to transform the company from a simple insurance sales agency into a total financial service provider.

He was born on August 1, 1961, in Pocheon, Gyeonggi Province.

He graduated from Gwangseong High School in Incheon and majored in Landscape Architecture at Kyung Hee University.

He joined Hyundai Marine & Fire Insurance and, at the age of 36, became the youngest division head, serving as Marketing Planning Manager.

In 1999, he founded Automobile Insurance Market Co., Ltd. (the predecessor of Incar Financial Service) with former colleagues from Hyundai Marine & Fire Insurance. In April 2001, he was appointed CEO.

Through bold investments in innovative information technology (IT) and training programs for insurance planners, he led the company’s growth and successfully listed it on KOSDAQ, a first in the industry.

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