Indonesian Political, Business & Finance News

Protecting Strategic Sectors, Risk Management Partnership Strengthened

| | Source: MEDIA_INDONESIA Translated from Indonesian | Business
Protecting Strategic Sectors, Risk Management Partnership Strengthened
Image: MEDIA_INDONESIA

PT Asuransi Jasa Indonesia (Persero), known as Asuransi Jasindo, is strengthening the implementation of its Risk Management Partnership (RMP) as a new business strategy. This shift aims to transform the company’s role from a mere insurance provider into a risk management partner for the business world.

Asindo’s Corporate Secretary, Brellian Gema Widayana, stated that this approach represents a business transformation designed to meet the needs of businesses facing increasingly complex risks. “Current risks are becoming more complex, requiring a more proactive approach. Through the Risk Management Partnership, we do not only provide protection through policies, but also accompany the insured in identifying, analysing, and mitigating risks so that potential losses can be minimised,” said Brellian.

Through this approach, Jasindo assists clients from the identification and analysis stages through to risk mitigation. The company believes this step can strengthen business resilience while increasing the competitiveness of businesses across various sectors.

The implementation of the Risk Management Partnership has been applied to several national strategic sectors, including industry, maritime, manufacturing, infrastructure, logistics, trade and distribution, transport, and tourism. In 2025, Jasindo will continue to expand protection for these sectors as part of its support for national economic growth.

In addition to strengthening risk management services, Jasindo is undergoing operational transformation by improving service quality and corporate governance. One such measure includes accelerating the claims settlement process to be more transparent, accountable, and customer-oriented. The company has also formed cross-functional tactical teams to handle large-value claims, ensuring the settlement process is more effective while maintaining the health of the business portfolio.

In the area of governance, Jasindo continues to strengthen the implementation of Good Corporate Governance (GCG) and risk management systems by increasing the effectiveness of internal controls, supervision, and refining business processes based on the principle of prudence. Various recommendations from regulators and stakeholders are also being followed up as part of continuous improvement efforts.

According to Brellian, the Risk Management Partnership initiative aligns with the government’s agenda to strengthen national strategic sectors, increase protection for the business world, and encourage a risk-aware culture as a foundation for sustainable economic development.

Strengthening risk management capabilities also serves as capital for Jasindo in supporting the SOE (BUMN) insurance sector consolidation agenda initiated by Danantara Indonesia. As part of the Indonesia Financial Group (IFG), Jasindo continues to strengthen its business foundation and improve service quality to provide more adaptive risk management solutions.

“Trust is the most important asset in the insurance industry. Therefore, we will continue to strengthen service quality, corporate governance, and risk management capabilities to provide more valuable protection for the community and the business world. With the Risk Management Partnership, we are optimistic that Asuransi Jasindo can become a strategic partner that not only protects assets but also strengthens business resilience and supports national economic development, including through the strengthening of the insurance SOE ecosystem alongside Danantara Indonesia,” concluded Brellian.

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