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AIA Indonesia: More trusted during crisis

AIA Indonesia: More trusted during crisis

No one expected the monetary crisis to have a positive impact on Indonesia's insurance sector. However, whether they realize it or not, the crisis has made people aware of their needs for life protection and protection from financial risk due to illness and physical incapacity, due to an increase in medical expenses.

This situation has given Asuransi AIA Indonesia an abundance of policyholders. AIA Indonesia now has twice as many policyholders than any other insurance company here.

PT Asuransi AIA Indonesia's Manager of Group Management Division Yohanes Pintoko said, "Many people have shopped around and put their trust in our company. It is very obvious, the economic crisis has had no impact on our business."

As a consequence, AIA Indonesia continues to improve on itself by enhancing its capacity and services capability for policyholders by means of recruiting qualified human resources and increasing the number of its representative offices.

Positive

Of course, these strategies are taken to strengthen the company's positive points, which are the trademark/characteristics of Asuransi AIA Indonesia, such as its ability to provide regional and international services, careful risks judgment and payment and solid financial business.

With its main business an insurance product giving life and health protection, other products include accident, pension funds and credit life.

AIA Indonesia, the first foreign join-venture life insurance company in Indonesia, continues its good performance, besides maintaining its position as one of the biggest life insurers in Indonesia.

Of course, this achievement is greatly supported by its hardworking staff through a network of sales offices in major cities across the country, and over 1,000 professional agents serving its growing clientele nationwide.

It is quite natural that AIA Indonesia shows a readiness to compete in the globalization era because it has, through its headquarters American International Group (AIG), a foothold in 130 countries.

"We are a global company," said Yohanes. This also explains how solid the financial performance is by AIA Indonesia.

Success

So, what is AIA Indonesia's key to success? "Trust us for life, that's the key. It is also supported by principal prudent underwriting, which is AIA Indonesia guidance to preparing a package and to marketing insurance products in Indonesia. AIA Indonesia also realizes the importance of building a predictable, sustainable and qualified insurance business."

In developing Indonesia's insurance business for the future, AIA Indonesia is of the opinion that the government needs to pay serious attention to making insurance a priority to collect domestic/national funds and to educate the people to think of the future by postponing their unnecessary consumeristic attitude/needs because that is what is done by developed countries to build their insurance industry.

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