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.

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90% of Indonesian People doesn't know Insurance

JAKARTA - The World insurance in Indonesia is believed to still be growing. Because the Indonesian people who are not familiar with the insurance exceeds the 90 percent of the total population of Indonesia.

According to Media-Based Data Management and Insurance Department Head Sinar Mas Listya Lin, with a number of world market share of insurance in the future still has a bright prospect.

"The development of insurance can now be greatly expanded, because given the explored portion of a child insurance to 10 percent who do not understand about the insurance. The share market is still huge," said Listya in casual conversation in the office of Legal, Jalan Kebon Sirih Jakarta, Thursday (4 / 11 / 2011).

Regarding competition in the insurance world by himself, he admitted that the most important now is how to handle claims from consumers, who thinks this is a determining factor in the competitive insurance.

"To increase their own insurance claims handling, especially, because they just feel good when he gets an insurance claim," he explained.

He also hopes the insurance industry can continue to evolve, and provide education or knowledge to the majority of people who do not understand about insurance.

"The world community can continue to expand insurance and we can educate the public to have awareness for insurance," he concluded.

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