Prudential opens new offices

JAKARTA (JP): Insurance company PT Prudential BancBali Life Assurance officially opened its new agency offices on Monday in Yogyakarta and Solo.

Company president Kevin Holmgren said in a statement that the new agency offices were established to meet the growing demand for life insurance in those cities.

"We see a huge potential market for life insurance in Yogyakarta and Solo," he said, adding that the opening of new agency offices also reflected the company's commitment in Indonesia.

According to him, the Yogyakarta agency office started operation last September, while the Solo agency office opened in January this year. Both offices have made a strong financial contribution to Prudential BancBali since they opened.

Prudential BancBali, which is 91 percent owned by London-based Prudential Plc, has sales offices in Jakarta, Bandung, Semarang, Yogyakarta, Solo, Surabaya, Medan, Pekanbaru, Batam, Denpasar, Samarinda, Makassar and Manado. (05)