Five state Insurance Launches Online Service

Friday, April 9, 2010

Five state Insurance PT Taspen, PT Jamsostek, PT Askes, PT Jasa Raharja, and launched the Indonesia Insurance Asabri Shared Service Platform (Insure Net) platform along with services and transactions online.

Net InSure program launch was conducted in the Office of the Ministry of State Owned Enterprises, Jakarta, Thursday (15/10).

In addition to State Enterprises Minister Sofyan Djalil witnessed, was also present five state-owned insurance is the Managing Director and CEO of Telkom Rinaldi Firmansyah.

"This is a synergy of these two fields of information technology after SOE's banking IT synergies," said Sofyan.

Net InSure that Telkom's as liaison with insurance institutions and other health actors entities such as the pharmaceutical industry, healthcare providers, regulators, including with other financial institutions.

According to Telkom's Managing Director, Net InSure this technology solution can cut costs up to 30% of insurance companies, and business growth mempercapt health care / insurance.

For the first phase, a total of 123 million data of participants from five insurance companies red plates are now incorporated in the Insure Net.

Net InSure is currently developed in stages, where in the first phase will commence with the development of joint membership data.

Participant data insurance in the Association of State-Owned Insurance (Asgara) had been successfully combined, the data is expected to be used more than 700 medical institutions such as hospitals, polyclinics, and health centers for the verification process participant data.

PT Asuransi Tokio Marine Indonesia

PT Asuransi Tokio Marine Indonesia
Insurance Tokio Marine Indonesia is an international scale insurance companies who are committed to providing products and services with best quality to its customers and to provide comprehensive security and protection.

With the support of experienced personnel and experts in the field, we have a strong position as one of Indonesia's largest general insurance.

PT Asuransi Tokio Marine Indonesia has extensive experience in general insurance such as Fire, Engineering, Motor Vehicles, Transportation, Accident, and various other insurance.

We are a joint venture between Tokio Marine Asia Pte. Ltd.. and PT Asuransi Jasa Indonesia, which has been operating since 1975. We currently have 7 branches including branches of Sharia, and 2 representative offices with a total staff of 238 people.
Tokio Marine Asia Pte. Ltd..
Tokio Marine Asia Pte. Ltd.. (Called "Tokio Marine Asia" - formerly Millea Asia Pte. Ltd.), Which is owned by Tokio Marine Holdings, was established on December 1, 2002. Tokio Marine Asia works to develop and expand its insurance business in Asia.

Tokio Marine Asia also serves as a central office in Asia to provide technical support and management system for group companies located in Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, India, Taiwan and Hong Kong.

Tokio Marine Asia is a sister company of Tokio Marine & Nichido Fire Insurance Co.., Ltd.., Japan (called "TMNF"). TMNF, which was founded in 1879, is the oldest insurance company and the largest in Japan and has more than 15,000 employees worldwide.

Tokio Marine Holdings listed in stock exchanges of Tokyo and Osaka stock exchanges, and is now the largest general insurance group in Japan, and also one of the largest in the world.

PT Asuransi Jasa Indonesia
PT Asuransi Jasa Indonesia (called "Insurance Jasindo") is the State Owned Enterprises (SOEs), the largest in general insurance. Jasindo Insurance was incorporated on June 2, 1973 as a result of a merger between PT Asuransi Bendasraya with PT General International Underwriters.

Insurance existence Jasindo stronger from year to year as reflected in the performance of the Company which continued to increase and support the leading reinsurer in the world so Jasindo Insurance strengthen its position as an insurance company a sustainable and internationally.

Fifth World Insurance Sign Indonesian Large

Aviva plc, the world's fifth largest insurance companies entered the Indonesian insurance market. It marked the signing of a joint venture agreement with PT Asuransi Wahana Tata.

Aviva acquires 60 percent stake in PT Asuransi Winterthur Life Indonesia (WLI), which has assets (gross) worth 15 million pounds or approximately USD 275 billion as of December 31, 2008. WLI managing pension fund assets of £ 42 million or Rp 760 billion. Furthermore, WLI will change its name to Aviva Insurance Company of Indonesia.

Cooperation with insurance spacecraft controlled by the Tata family Wanandi will help customers in Indonesia get a variety of insurance products from Aviva and expertise in conducting risk insurance services (underwriting) insurance.

WLI is one of three companies health insurance providers in Indonesia, holds 6 percent market share of pension funds managed by financial institutions in Indonesia. WLI offers a variety of insurance products, health and pensions products.

Simon Machell, chief executive of Aviva's Asia Pacific said "We are pleased to see the potential of the Indonesian insurance market and business growth prospects of this cooperation. This is our strategy to build a competitive existence in key Asian markets, while ensuring could benefit from long-term potential. "

Rudy Wanandi, Chairman of PT Asuransi Winterthur Life Indonesia, is also pleased to be admitted Aviva business partners who have similar priorities in terms of strategic long-term business growth of profitable, business approach and strict discipline, and strong commitment to the community.

Aviva is now serving 53 million customers in Europe, America and Asia Pacific. Aviva Asia Pacific is now operating in China, Hong Kong, India, Malaysia, Singapore, South Korea, Sri Lanka and Taiwan.

This cooperation agreement will be effective after approval from the Indonesian Government.

Will Maybank's 60% Share Acquisitions Anugrah Life Insurance

The financial services company based in Malaysia, Mazybank will acquire 60% stake in PT Anugrah Life Insurance, a subsidiary of PT Panin Life, Tbk. Memorandum of Understanding (MoU), said President Director of PT Panin Life Tbk, Dawn Gunawan in Jakarta on Friday (30 / 1), has been signed by both parties in Jakarta, today (30 / 3).

Dawn said, Panin has in addition a subsidiary of PT Anugrah Insurance, also has a subsidiary of Panin Bank, one of the 10 largest banks. The MoU signing was held in Jakarta, added Vice President Director Panin Life Tridjoko Santoso, conducted by the President and CEO of Maybank, Amirsham A Aziz, and President Director Fadjar Gunawan.

Tri Djoko added, with the existence of a strategic partnership that Grace can now pocket the paid up capital of Rp40 billion, where 60% held by Maybank and the rest is owned by Panin and Grace. After some sahamhya owned by foreign investors, he said, the company will concentrate on marketing the products through banks / bancassurance and market Islamic products. "Maybank already has experience in Islamic products to market in several countries," said Tri Djoko.

Panin Insurance ahold of 56.74% Shares Panin Life

Ownership stake in PT Panin Insurance Tbk with PT Panin Life Tbk as much as 13,597,401,376 shares or 56.74% of the total issued and fully paid shares of the company. Total ownership of these shares after the company melaksanaan preemptive rights (ER) in the context of limited public offering (LPO) VI Panin Life of 7,446,762,688 shares.

Pascapelaksanaan Rights, Panin Life shares outstanding increased to 23,965,013,352 shares from 11,982,506,676 shares previously.

"ER was carried out at a price of Rp 125 per share," said Director Panin Insurance Syamsul Hidayat in his explanation to the Jakarta Stock Exchange (JSE), Tuesday (05/09).

Earlier on July 13 to August 25, 2006, Panin Life execute their rights in the framework of the LPO VI 11.982.506.676 sheet. As of August 8 and then or before the implementation of the ER ended, Panin Panin Life Insurance became the controlling ownership to 6.39 billion shares (52.81%), followed by Peter Cundill & Associates (Bermuda) Ltd (7.85%), and MS + CD AC Client Int Ltd (7.32%).

The rest is controlled by the other shareholders, including public ownership under 5%. The number of shares listed Panin Life when it reached 12.10 billion shares.