Case of Cargo Collided with Unlicensed Vehicle

Kwak,Young-Arm,Cho,Young-Sang 한국유통과학회 2019 KODISA ICBE (International Conference on Business Vol.2019 No.-

If a contracting goods destroyed or delivered lately, seller, buyer and carrier duly faces a lot of big trouble that causes in turn claims of cargo and indemnification on the basis of both sales agreement (contract) and transit agreement. In view of this, this study analyzes case of accident between cargo truck and rental car in South Korea. From this, with a view to reducing any possible accidents caused by unlicensed driver and an illegal use of other’s name, particularly by teenage, this paper proposes some ideas.

The Effect of Increasing The Third Party Liability and Expansion of Mandatory Insurance in South Korea

Young-Arm KWAK 한국유통과학회 2021 The Journal of Industrial Distribution & Business( Vol.12 No.11

Purpose: In South Korea, two kinds of mandatory insurance, Fierce Liability Insurance and Outdoor Advertising Liability Insurance sells as of February 2021 according to relevant codes. This study analyzed third party liability and personal living liability insurance in terms of various risks not corporation side but personal side arising from normal living and life. Research design, data and methodology: Some cases of drone accident hit man and fierce dog accident were taken into analysis to verify blame ratio and insurance claim money. The former case is that on the way down the elevator, the dog, American pit bull terrier rushed in and bit the lower part of the knee against the visitor. The latter case is that while flying in the sky as usual, the drone suddenly crashed, fell, and hit the head of a young child while walking on the street. Further previous studies such as third party liabilities, liability insurance, mandatory insurance were deeply analyzed. Results: Based on some case studies and previous studies, the author suggested valuable comments in turn realization of insurer as provider, exhaustive creation and operation of mandatory insurance, realization of insured as demanded, and arrangements of laws and systems in special consideration of amendment of companion animal and exhaustive execution of mandatory insurance by the government. Conclusions: This study was about third party liability, personal living liability insurance and expansion of mandatory insurance caused by relevant laws by the government. In this study the author verified what issues were observed from two cases drone accident and fierce dog accident and then suggested some valuable comment as above both systemic plans and practical plans. First of all, the individual should get Comprehensive Property Insurance(CPI) that covers the risks of his/her own property arising from the everyday life. And then the individual should further buy Personal Living Liability Insurance(PLLI) in order to prepare ‘accidents that may happen when, where, or how’ and overcome the said accidents. Moreover, the individual should take a look every single insurance contract whether he/she has a special terms and conditions of Personal Living Liability Insurance(PLLI) or not.

Review of Recent Aircraft Accidents in Relation to Aircraft Insurance

Young Arm Kwak,Su Hee Hong 한국무역연구원 2015 貿易 硏究 Vol.11 No.4

The first commercial flight in history occurred in 1914 at Florida, USA. Hence, commercial aviation has reached its 100th anniversary in 2014. However, the centennial anniversary of commercial flight was marked with big catastrophes involving Malaysian and Indonesian aircrafts. This paper analyzed some recent aircraft accidents and studied insurance goods for passenger in aircraft accidents. It also analyzed some recent cases of big casualties of aircraft accidents, international convention and treaty, Korean law system for air transit, insurance types and the risks it covered, and suitable and necessary insurance goods for passenger. For this reason, this paper focused on passenger accidents only, and excluded baggage and cargo.

Kiosk with any issues in retail store in South Korea

Young-Arm KWAK,Young-Sang CHO 한국유통과학회 2018 KODISA ICBE (International Conference on Business Vol.2018 No.-

It is noted that AmazonGo was public opened on 22 nd January 2018 as a milestone of unmanned store in the world in the era of Artificial Intelligence. Retail businesses in the most high-tech countries in the world, including Japan, Korea, and Russia, may have to adopt business strategies that are similar to those of Amazon to maintain their competitiveness.(Hahn, Kim, & Youn, 2018). By changing consumer behavior and fast advancing technology of 4th industrial revolution, self-service is widely and swiftly expanded to service industry. Besides, restrant industry and distribution industry will take the type of self-service in large consideration of deduction of cost-saving at present. This paper studies Kiosk with any issues in retail store in South Korea. From the above, we explored main keywords of AmazonGo, Kiosk, self-service, labour cost, artificial intelligence and deregulation, and then proposed schemes of resolution for the retailers in South Korea. Accordingly, this can be available for future direction of the retailer of what they chose between the worker and self-service as mentioned.

A Study on Countermeasures and Case Study on Phone Insurance in Korea

Young-arm, Kwak(곽영암) 국제e-비즈니스학회 2014 e-비즈니스 연구 Vol.15 No.2

A study on insurance utilization for recent cases of personal information leak on e-commerce

Kwak.Young-Arm 한국전자상거래학회 2009 전자상거래학회지 Vol.10 No.2

전자상거래 규모는 전 세계적으로도 증가하고 있지만 한국에서는 더욱 빠르게 증가하고 있다. 그러나 불행하게도 전자상거래 규모가 증가하면 증가할수록 전자상거래의 당사자인 판매자와 소비자 모두에게 위협적인 컴퓨터기반 범죄도 동시에 증가하고 있다. 따라서 본 논문은 전자상거래에 상존하는 여러 가지 치명적인 위험 중에서도 효과적인 위험관리의 일환으로 최근 전자상거래 중 발생한 개인정보유출사고에 대한 보험활용방안을 연구하였다. 전자상거래 직접 당사자인 판매자와 소비자 모두를 위하여 위험관리측면에서 보험활용은 효과적인 방안이 될 것이다. The volume of e-commerce has been rapidly increased by far in Korean and worldwide as well. Unfortunately the more the volume of e-commerce increases, the more unpleasant threats also increases to the both parties seller and buyer. Therefore this paper aims to study insurance utilization for recent events of personal information leak in view of risk management by insurance goods related both commercial company and customer on e-commerce.

A Study on Improvement of Arrangement and Formation of insurance goods in insurers' homepages

Kwak, Young-Arm(곽영암) 한국전자상거래학회 2011 전자상거래학회지 Vol.12 No.1

갈수록 급증하고 있는 전자상거래와 이러한 전자상거래 관련 위험을 담보하는 전자상거래 보험의 필요성과 중요성도 증가되고 있다. 이러한 전자상거래 관련 보험의 판매 상황을 알아보기 위하여 국내 손해보험사에서 운영 중인 홈페이지를 비교하였다. 그 결과 다음과 같은 문제점을 발견하고 이에 대한 개선방안을 제안하였다. 혼란스러운 보험상품 분류와 게시, 보험상품과 보험용어에 대한 검색능력의 미흡 및 취약, 홈페이지 접속시 너무 번거로운 절차와 팝업창, 제한적인 보험상품 관련 정보와 자료, 전자상거래 관련 보험상품의 다양성 부족 등이 문제점으로 조사되었고, 이들 문제에 각각 대응하기 위하여 상품분류에 대한 원칙의 재정립과 통일안마련, 새로운 검색기술의 적극적인 도입과 모니터링 강화, 기술개발을 통한 사이트 접속방법개선, 정보와 자료의 개방과 공유 노력이 필요, 그리고 적극적으로 다양한 전자상거래 관련 보험의 개발 등이 이루어져야 한다. With extremely rapid internet growth, needs of insurance customers have been swiftly changed in buying insurance goods and services, and insurers also have been aggressively corresponded to their tough needs. Consequently uncountable and numerous insurance goods they unexpect have been furnished by the insurers on homepages. However, to the contrary of the insurers' intentions or wishes, these uncountable and numerous insurance goods line-up leads many confusion and inconvenience to insurance customers up to now in reading and selecting insurance goods. Under the above circumstances, this paper studied any possible problems and troubles showed on insurers homepages as regards arrangement and formation of e-commerce insurance goods, and therefore this study aims to present any possible improvement of the same on insurers' homepages for the both parties.

Driver in Car and Insurance Issue

Kwak. Young-arm 글로벌경영학회 2016 글로벌경영학회 학술대회 발표논문집 Vol.2016 No.2

Review of Drone's Liability to Citizen

Young-Arm Kwak 한국유통과학회 2015 한국유통과학회 학술대회 논문집 Vol.2015 No.-

Drone can deliver commercially goods. Drone's commercial use will be realized in the near future. Regardless of commercial or non-commercial flight, the more the number of Drone's flight becomes, the greater Drone's flight accident will be. With regard to Drone's flight, Drone can make possible risks such as crash, falling, collision, fire on the ground and can give severe damage to the people and all kinds of property on/under the ground. Accident of Drone has two types of loss or damage, i.e. Drone's itself damage and the third party damage. Also in case of parcel service on logistic industry, Drone can make a severe damage to parcel or cargo which is carrying to the client. This paper analyzed accident of drone and insurance matter for the citizen. Drone means in this paper all kinds of unmanned objectives.

Case Study on Driver’s Liability in Cargo Transit

Young-Arm Kwak 한국유통과학회 2017 The Journal of Industrial Distribution & Business( Vol.8 No.6

Purpose - This study examines car accidents that occurred in South Korea territory, and analyzes criminal liability of the offender and certain issues of driver's insurance, but a civil liability to the injured is excluded as civil liability belongs to auto insurance. Research design, data, and methodology - With carrying out this research, case study of driver's liability and literature review were adopted throughout. For this, car accidents that occurred in South Korean territory were examined and then criminal liability of the offender and certain issues of driver's insurance were analyzed. Results - From this case study on driver's liability it was found that the offender cannot receive insurance money from the insurer irrespective of the valid drive insurance, if there is no 'bill of agreement of criminal consensus'. This study suggests some ideas, offers suggestions of convenience and assistance of qualified claim staff to overcome a hurdle of drive insurance. Conclusions - As long as the accident is not a fraud and scam by the parties concerned, advance payment of agreement of criminal consensus is required to the insured, the policy holder within the limit of liability of driver insurance, on condition that the drive insurance is valid.