# Mainline

## At a glance

| Field | Value |
| --- | --- |
| Category | Document Management |
| Type | Solutions Provider |
| Region | APAC |
| Headquarters | Seoul, South Korea |
| Founded | 2005 |
| Stage | Growth |
| Employees | 51-200 |
| Funding | PE-Backed |

## Overview

Mainline is an intelligent document processing (IDP) platform for life and property & casualty insurers in South Korea. Founded in 2005 as Mainline Infotech and renamed Mainline Co., Ltd. in 2008, the company is headquartered in Seoul and has built its business around automating the document-heavy workflows of Korean insurers, with enterprise and public-sector document automation as later extensions of the same core technology.

The platform combines OCR, computer vision, and natural language processing with a generative-AI layer (AIFuze) to read and process insurance documents. Its insurance product line covers policy administration (MCP), contract and terms document management (MagicTerms), premium and reserve calculation (MagicPV), structured data extraction from forms and applications (MagicParser), claims payment calculation (MagicClaim), and an operations document portal (ezPortal).

Mainline lists 32 corporate insurance clients across life and P&C lines, including Samsung Life, Hanwha Life, Kyobo Life, and Shinhan Life on the life side, and Samsung Fire & Marine, DB Insurance, and KB Insurance on the P&C side. The company has raised three institutional rounds totaling roughly KRW 31 billion, most recently a KRW 27 billion Pre-IPO round in January 2024 from Hyundai Investment Partners, InterVest, and Kolon Investment, and is pursuing a KOSDAQ listing.

## Products & services

### MCP

Intelligent automation platform covering core insurance policy workflows for insurers, in development since 2018.

*Target users:* Life and P&C insurers

### MagicTerms

Document management solution for insurance contract and terms documents.

*Target users:* Life and P&C insurers

### MagicPV

Premium and reserve calculation tool for insurers, updated as "Neo MagicPV" in 2024.

*Target users:* Life and P&C insurers

### MagicParser

Data extraction tool that pulls structured data out of insurance forms, applications, and contracts.

*Target users:* Life and P&C insurers

### MagicClaim

Claims payment calculation tool for insurance claims processing.

*Target users:* Life and P&C insurers

### ezPortal

Document management portal for insurance operations.

*Target users:* Life and P&C insurers

### AIFuze

Generative-AI layer built on top of Mainline's IDP core, applied across its insurance product line.

*Target users:* Life and P&C insurers

## Category & focus

- Subcategories: Intelligent Document Processing, Claims Document Automation, Policy Document Management
- Insurance verticals: Life & Annuity, P&C Personal, P&C Commercial
- Target customers: Carriers

## Notable customers

- Samsung Life
- Hanwha Life
- Kyobo Life
- Shinhan Life
- NH Nonghyup Life
- Mirae Asset Life
- Samsung Fire & Marine
- DB Insurance
- Hyundai Marine & Fire
- Meritz Fire
- KB Insurance
- AXA

*32 corporate clients across life and P&C insurers in South Korea*

## Links

- Website: <https://mainlineit.com/en/main>
- Directory profile: <https://insurtechlist.com/companies/mainline/>
- Linkedin: <https://www.linkedin.com/company/mainlineit>
- Press/news: <https://economist.co.kr/article/view/ecn202401040032>

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*Last updated: 2026\-08\-10*