McLarens’ Post

We are delighted to announce that the Otoritas Jasa Keuangan (OJK) is officially a Regulatory Partner of the Global Asia Insurance Partnership (GAIP). This significant collaboration marks a major step towards our shared goal of tackling protection gaps across Asia. "The Indonesia Financial Services Authority / OJK is privileged to become part of the GAIP, a strategic platform dedicated to fostering collaboration in addressing the dynamic insurance landscape across Asia. Through this partnership, we aim to enhance the region’s insurance capabilities, narrow protection gaps, support innovative solutions, and address key challenges such as climate risk, digital transformation, and financial inclusion. We look forward to actively contributing to and benefiting from the global expertise offered by GAIP in promoting sustainable risk management and advancing policy development across Asia," said Ogi Prastomiyono, Chief Executive of Insurance, Guarantee Institutions, and Pension Fund Supervision, and Member of Board of Commissioners of Indonesia Financial Services Authority. As a regulatory partner, OJK will benefit from GAIP's expanding resources, access to best practices, and connections with top professionals in the industry, helping to build a stronger and more innovative insurance sector. Yoshihiro Kawai #InsuranceIndustry #Partnership #Innovation #AsiaPacific

I met Nazrul Namizan Ahmad when I was invited as a speaker in Malaysia back in 2019. It's my honor to meet him again now he works in Prudential Sharia Indonesia as Chief Agency Officer Sharia. I am so proud of you Nazrul Namizan Ahmad. We discussed how to empower young generation to become agency leaders in insurance industry as there is so much potential in Indonesian market. #businessopportunity #prudentialsyariahindonesia

Our co-founder and COO, Natalie Fong, recently posted about how Indonesia's insurance industry faces significant challenges in market penetration While the industry has experienced remarkable growth over time, it encounters notable hurdles in broadening its market reach. As the nation's economy progresses and its population expands, there arises a necessity for the industry to innovate and accommodate a larger demographic, offering indispensable protection for both individuals and enterprises. Through tackling these obstacles head-on and implementing strategic initiatives, Indonesia's insurance industry can persist in its growth trajectory, bolstering the nation's overall economic advancement. #insuranceindustry #indonesia #insurancebroker #insuranceagents

Indonesia | Recovery is not regulated well in Indonesia and is often thwarted by complex and costly bureaucracy. As pioneers of recovery efforts in Indonesia, Charles Taylor’s recovery specialists identify the recovery prospects of each claim as they have established thresholds to identify the loss amount that can be considered worth pursuing.  When considering the pursuit of recovery claims in Indonesia, it is vital to evaluate the prospects carefully. Our expert team has specialist knowledge of their local market, that can benefit our local, regional and global clients who have insurance exposure in Indonesia. To discover how our Indonesian recovery team can assist your next claim, please read the article linked below: https://lnkd.in/g4qiFJkC Or you may wish to contact the authors directly: Majdi S. Jaelani E: adi.majdi@charlestaylor.com Fanka Karisha Syafara E: fanka.karisha@charlestaylor.com Madeleine Claudya E: madeleine.claudya@charlestaylor.com #CT #CTA #charlestayloradjusting #expertiseyoucantrust #indonesia #recoveryexpertise

How do we tackle challenges in our Smallholders Program? Through focus groups and sharing sessions with different stakeholders! Take a peek into one of such sessions where passionate individuals come together to discuss innovative solutions, build networks, and create lasting impact for independent smallholders in Indonesia. Together, we’re building stronger networks and driving real change. #EmpoweringSmallholders #SustainableImpact #MusimMas

Wherever life takes you, AIA Philippines group of companies—including BPI AIA, AIA Investments, and Medicard—is with you in protecting and securing the future for you and your loved ones. #AIAPhilippines #HealthierLongerBetterLives

In a challenging time for the insurance industry, this award reflects LGI's commitment to excellence and innovation. While all the sector faces significant hurdles, LGI is focused on rising above these challenges and setting new standards. This recognition underscores their dedication to navigating the complexities of the industry and hopefully can drive positive change. #LeadingTheFutureOfInsurance #GlobalInsuranceExcellence #GlobalInsuranceLeaders #InsuranceInnovationWorldwide #InternationalInsuranceExcellence #LGI #LGIaCompanyofHanwha #MediaAsuransi #MediaAsuransiAward2024 #MarketingCommunication #Wineke

INA’s toll road platform, which includes investments from APG Asset Management (APG) and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), has announced an investment in the Medan–Binjai (MB) and Bakauheni–Terbanggi Besar (BTB) sections of the Trans Sumatra Toll Road. The combined enterprise value of these new assets is approximately USD 1.4 billion (∼IDR 21 trillion), aiming to contribute to the ongoing development of Indonesia's transportation infrastructure across Sumatra. Ridha W., CEO of INA, said, “This investment not only solidifies our toll road platform with APG and ADIA but also expands our asset base, establishing a scalable investment platform that opens new avenues for economic opportunities. As Indonesia leverages its robust economy, youthful workforce, and supportive governmental policies, the platform’s investments in toll roads aim to contribute meaningfully to the nation’s ongoing development and connectivity.” To read more about this investment, please visit our website: https://lnkd.in/eJ5dZt_2  #TransSumatraTollRoad #InfrastructureInvestment #INA #Indonesia

lively discussion and claim case study sharing during socialisation of PLN asset insurance policy and claim workshop in Batam today. Thanks for PT Asuransi Tugu Pratama Indonesia Tbk (ATPI) and PLN Group for providing us an opportunity to share our expertise and experience in handling complex claim in power sector #MatthewsDaniel #PLN #TuguInsurance

Pharmaniaga Berhad’s Regularisation Plan (RP) has received the green light from Bursa Malaysia, marking a significant milestone in the company’s financial recovery journey. This approval paves the way for Pharmaniaga to implement strategic initiatives aimed at restructuring and driving long-term growth. With its Q3 FY2024 profit after tax of RM101.3 million showcasing a strong turnaround, the Group is now poised to deliver enhanced value to stakeholders while ensuring sustainable operations. This achievement underscores Pharmaniaga's resilience and commitment to excellence. A key step towards exiting PN17, this milestone reflects robust progress in Pharmaniaga’s transformation efforts. Press Release: https://lnkd.in/gJpysyAw Bursa Announcement: https://lnkd.in/gCcbAubG