Insurance Sinar Mas aggressively expanding into the area

JAKARTA. PT Sinar Mas added a long list of public insurance expansions to the area. This year they will open 25 sales offices in outer Java Bali. Each sales office cost around Rp 250 million.

"Incidentally, our partners in the region are also ready to help," guarantee Dumasi Marisina Magdalen Naidoo, Director of Insurance Sinar Mas, Thursday (26 / 1).

According to him, the contribution of the area has not been too great. But over time, the portion of the area will be able to offset the premium Java and Bali. Especially this year, retail products there will be more intensified. Sinar Mas view, retail products and gadgets such as car insurance is suitable for local markets. Even so, the property is also great potential.

Sinar Mas to hoist the mainstay premium contributions Simas areas such as cars. Last year, this product is still a small contribution of Rp 5 billion. Still far from the long-term targets will contribute up to Rp 100 billion. Additionally gadget insurance Sinar Mas, its contribution last year only Rp 3 billion. "But the future of products like these much sought after communities in the region," he explained.

Throughout 2011 and then, premiums Sinar Mas reached Rp 3.7 trillion aka grew 15% from a year earlier. Premium is still the dominant contribution of the property and fires by 40%, 25% of motor vehicle insurance, health insurance 15%. The rest of the various insurance, transport insurance, engineering.

Last year, the insurance company is managed mejaring profit of Rp 300 billion. That number jumped 100% from the previous position.

Improved sustained performance car insurance. In addition, the claims ratio is also improved because of the lack of disaster. This year, Sinar Mas target profit rose 17% from a year earlier.