Green Ribbon Receives Class A Data Quality Certification for LifeCatch Operational Data

Green Ribbon, an insurtech company that is working to resolve information asymmetry in the insurance and healthcare sectors based on data and AI technology, has received the highest rating of CLASS A in the structured data category of data quality certification for its LifeCatch service operation data.

This certification was conducted as a COMPLEX-TYPE certification, evaluating data with diverse structures and complex relationships. It comprehensively verifies the overall quality level of data, including reliability, accuracy, completeness, and consistency, and assesses data management capabilities applicable to actual service operation environments.

This certification was based on the Ministry of Science and ICT's data quality standards and was reviewed in accordance with the international data quality standard ISO/IEC 25024. This officially recognized that LifeCatch service operation data exceeds domestic standards and meets international data quality requirements.

Green Ribbon has been steadily managing and operating complex data structures, including insurance claims, medical history, and insurance analysis, and has continuously improved its quality management system throughout the entire process, from data collection to utilization.

With this certification, Green Ribbon plans to accelerate the advancement of its insurance AI technology based on high-quality data. This will allow it to comprehensively analyze individual users' health status and insurance coverage structure, providing more precise insurance analysis information and customized coverage suggestions.

This strategy aligns with the company's mid- to long-term direction of expanding insurance beyond a simple cost management tool to encompass healthcare and financial planning. Green Ribbon plans to continue strengthening its service competitiveness based on data reliability and contributing to resolving information asymmetry across the insurance and healthcare industries.


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