PT Asuransi Kredit Indonesia (Persero), or Askrindo, continues to\nstrengthen its role as a strategic company supporting national\ndevelopment and the empowerment of micro, small, and medium enterprises\n(MSMEs). This role is carried out through various general insurance and\nsuretyship solutions to support the continuity of strategic projects and\nbusiness activities, as well as through government programme insurance,\nparticularly Kredit Usaha Rakyat (KUR), which forms an important part of\nefforts to expand financing access for MSME players.<\/p>\n
As of December 2025, Askrindo has provided support to 512 strategic\nand national security projects with a total project value of\napproximately Rp261.9 trillion. Of this figure, 16 projects are National\nStrategic Projects (PSN) with a total value of around Rp143.2 trillion,\nwhile the remaining 496 projects are in the national security sector\nwith a value of approximately Rp118.7 trillion.<\/p>\n
Askrindo Finance Director Leonardo Henry Gavaza said that Askrindo\u2019s\nrole is measured not only by business growth but also by the company\u2019s\nability to deliver broader benefits to the economy. \u201cAskrindo wants to\ncontinue providing value for the Indonesian economy. On one hand, we\nsupport development through insurance and guarantee solutions for\nvarious strategic projects, and on the other hand, we are present closer\nto the public through government programme insurance, particularly KUR,\nto support MSMEs,\u201d said Leonardo.<\/p>\n
Askrindo\u2019s support for National Strategic Projects includes asset\ninsurance for KCIC or the Whoosh high-speed railway, the\nNgawi-Kertosono-Kediri Toll Road, the South Japek Toll Road, Jasa Marga\nBali Toll assets, the Serpong-Balaraja Toll Road Section 1A,\nMedan-Binjai Toll assets, housing development in the Nusantara Capital\nCity (IKN), the Serang-Panimbang Toll Road, the Pemali-Juana Water\nSource Network, hospital construction, the Probolinggo-Banyuwangi Toll\nRoad, the Jogja-Solo Toll Road, Tanjung Priok Port Tollways, the\nCisumdawu Toll Road, and the Batang Integrated Industrial Estate.<\/p>\n
Involvement in these strategic projects further strengthens\nAskrindo\u2019s position as a company with the capacity to provide insurance\nand guarantee solutions for large-value project needs. Askrindo\u2019s\nCommercial Line capacity reached Rp28.6 trillion, an increase of\napproximately 42% compared to the 2023 position of Rp20.1 trillion. The\nincrease in facilities is in line with the growing trust of banking\npartners in Askrindo.<\/p>\n
\u201cThe increase in Commercial Line capacity shows that Askrindo\ncontinues to strengthen its ability to provide support with increasingly\nlarger values. However, we still balance this capacity increase with\nstrengthened underwriting, risk management, and governance,\u201d explained\nLeonardo.<\/p>\n
Askrindo\u2019s track record in providing support for various development\nand business activities has also been built over the long term.\nThroughout 2016\u20132025, Askrindo has provided Bank Guarantee Contract\n(KBG) guarantees worth Rp149.7 trillion, covering central and regional\ngovernment projects through the state and regional budgets (APBN\/APBD),\nstate-owned enterprises (BUMN), and various other economic\nactivities.<\/p>\n
Amidst significant business opportunities, Askrindo continues to\nplace the principles of prudence, strengthened underwriting, and risk\nmanagement as important elements in every business decision. Leonardo\nexplained that every risk to be accepted goes through an analysis and\nunderwriting process considering the risk profile and the company\u2019s\nability to manage that risk.<\/p>\n
\u201cWe do not only look at the size of the project value, but also\nensure that every risk accepted is in accordance with the company\u2019s\ncapacity and risk appetite. Prudent underwriting principles and risk\nmanagement form the foundation for maintaining the sustainability of\nAskrindo\u2019s business,\u201d he asserted.<\/p>\n
Strengthening the underwriting process has been one of Askrindo\u2019s\nfocuses throughout 2025, along with various efforts to improve portfolio\nquality and strengthen the company\u2019s business processes.<\/p>\n
For Askrindo, contribution to the national economy is not only\nrealised through support for large-scale strategic projects. Askrindo\nalso has a strategic role in supporting MSMEs through government\nprogramme insurance, particularly KUR. This role is in line with\nAskrindo\u2019s mission of MSME empowerment to support Indonesia\u2019s economic\ngrowth. Through the KUR programme, Askrindo is present in the MSME\nfinancing ecosystem by providing credit insurance protection that\nsupports business players\u2019 access to bank financing. Thus, the benefits\nof Askrindo\u2019s presence are felt not only in large-scale projects but\nalso by business players in the MSME sector.<\/p>\n
\u201cFor us, MSMEs are an important part of the national economy.\nTherefore, Askrindo\u2019s presence is not only visible in support for\nstrategic projects, but also closer to the public through government\nprogramme insurance, particularly KUR, which supports financing access\nfor MSME players,\u201d said Leonardo.<\/p>\n
With this scope, Askrindo carries out a strategic role from national\ndevelopment to the community economic sector, by providing insurance and\nguarantee solutions while supporting MSME strengthening through the\ngovernment\u2019s KUR programme.<\/p>\n
This strategic role is also supported by the company\u2019s strong\nfinancial fundamentals. Based on the 2025 audited financial statements,\nas of December 2025 Askrindo recorded assets of Rp22.23 trillion, equity\nof Rp8.68 trillion, and after-tax profit (EAT) of Rp1.04 trillion.<\/p>\n
These fundamentals serve as important capital for Askrindo to\ncontinue strengthening its business capacity while carrying out its role\nin supporting the national economy. Leonardo said that Askrindo will\ncontinue to strengthen the company\u2019s capacity while maintaining the\nquality of risk management and governance. \u201cWe want Askrindo to continue\nbeing a company that provides value,\u201d he said.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/asserting-strategic-role-this-soe-backs-512-projects-and-strengthens-national-msmes-1787701833", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }