A fast-growing Insurtech Carrot General Insurance Corp. ("Carrot" or the "Company") announced a memorandum of understanding (MoU) with Korea Expressway Corporation (KEC) to "co-develop a safe drive coaching platform for the drivers" in an effort to foster a culture of safe driving and reduce the nation's accident rates.  KEC is a South Korean government-owned corporation responsible for the country's overall freeway system and traffic management, including the safety measure controls.