Panin Life will add 1500 agents next year

JAKARTA. The rapid business unitlink make life insurance companies vying to hoist the acquisition of the investment-based insurance products in the next year. Just look at the gait Panin Life, which next year will add about 1,500 new agents for the sake of hoisting the acquisition premium.

Now this number of agents in a subsidiary of the Panin Group of 3200. Year-end target of 3500 agents. "Going forward, the agency still must run parallel with bancassurance," said Vice President Director Simon Imanto Panin Life, Thursday (22/12).

Actually in Panin Life, currently the largest contribution to the distribution line is bancassurance, which is 70%. The remaining agencies 15%, and a combination of group insurance, direct marketing, and sharia by 10%. Panin Life Bancassurance because cooperation with major banks such as Bank Panin, Commonwealth, ANZ and DBS to market the product.

Simon said, next year unitlink still growing. But they do not want to rely solely bancassurance. Moreover, the insurance is in the process of licensing two new products for individual segments. Well, in order to more aggressively marketing this product will use an agency.

The agents certainly be certified. So secure in marketing products unitlink. Additional agents to hoist the acquisition premium of Rp 3.2 trillion aka grew 23% from this year. As an illustration, of the total target of Rp 2.2 trillion in premiums in 2012 through November already collected Rp 1.9 trillion.

This figure grew 70% compared to same period last year. Largest contribution was from unitlink, the remaining 90% of traditional products. Next year, Panin Life set a target of Rp 3.2 trillion atawa premiums grew 23% from this year's target.

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Axa Mandiri OJK Support Implementation

JAKARTA, Axa Mandiri The insurance industry supports the implementation of the OJK. This rule is very positive for the development of the insurance industry. Hopefully, no longer the case rules that overlap so that Axa Mandiri could further improve its performance. Until the third quarter of 2011, Axa Mandiri's net profit reached Rp 591 billion.

President Director of Axa Mandiri Financial Services Albertus Wiroyo revealed it in the performance of Axa Mandiri exposure in the third quarter of 2011 in Jakarta, Tuesday (11/08/2011). In addition to performance, she asked for ratification of the response related to the Draft Law Financial Services Authority which recently passed the House.

Albertus said, for this industry engaged in bancassurance is very dependent on the regulation of Bank Indonesia and the Bureau of Insurance. Supervision will be better again. Regulation will be organized so that competition becomes more fair.

About the charges, I think so far is still reasonable. If I see advantages in encouraging the performance of the insurance industry, course fees can still be tolerated, said Albertus.

In his presentation, Axa Mandiri just recorded a net profit in the books of the third quarter of 2011 amounting to Rp 591 billion. This number increased 76.5 percent over the same period in 2010 amounting to Rp 335 billion. In fact, has exceeded earnings during the year 2010 amounted to Rp 479 billion.

In the third quarter of 2011, total premiums Axa Mandiri to Rp 3.731 trillion, an annualized new premiums pertahungan reached Rp 2.331 trillion, the fund managed to Rp 9.376 trillion, and the results of non-unitlink investment reached USD 92.4 billion, as well as the strength of its total assets of Rp 10.213 trillion.

Iwan Pasila, Chief Financial Officer of Axa Mandiri, explains, "Investments to be very careful because we also provide some sort of warranty to the customer in order to pay at maturity. For the on-unitlink, we tried on the assets that roughly match the investment characteristics. "

Director of Sales Axa Mandiri K Kadarisman said, there are some channels that have not been optimally developed. Axa Mandiri will optimize the development of micro businesses.

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