Celebration Of The 40th Anniversary Of Sequis Life Protects Indonesia

JAKARTA - PT Asuransi Jiwa Sequis Life (Sequis Life) celebrates its 40th anniversary through the excitement of 40 Years Protecting Indonesia in the City Forest by Plataran, Jakarta, attended by more than 700 Sequis Life extended families.

Sequis Life is one of the companies under the auspices of Mount Sewu Group which is over 70 years old and is Nippon Life's strategic partner, a Japanese insurance company that is 135 years old. This celebration is also a moment of a 10-year strategic partnership between Mount Sewu Group and Nippon Life. Both companies are committed to providing the best product and service innovations for the Indonesian people.

The momentum of the 40-year presence of Sequis Life is celebrated with the cutting of the cone by Sequis Life President Director & CEO Ted Margono. At this event, members of the Board of Directors, Managing Executive Officer Head of Global Business Nippon Life Minuru Kimura, together with President Commissioner & Shareholder Representative Sequis Life Husodo Angkosubroto.

Sequis Life President Director & CEO Ted Margono in his remarks said that over the past four decades, Sequis Life has been able to survive in competitive industries including when facing the COVID-19 pandemic, marked by a high level of policy persistence. This can be achieved in accordance with the company's commitment to sell products that are appropriate and needed by customers.

We always carry out good financial and operational management practices by implementing prudent underwriting risk management for the sake of long-term business continuity. The loyalty of our customers is also high to continue entrusting self-protection and his family at Sequis because Sequis insurance products are relevant and in accordance with customer needs, marketers with integrity and quality customer services. In addition, the existence of a family tradition of getting employees and marketers excited to provide the best for all stakeholders, said Ted, in his statement, quoted Monday, June 10.40 Years Protecting Indonesia became the theme of Sequis Life's birthday celebration and was carried out as a celebration that Sequis Life has succeeded in establishing itself as a trusted insurance company as the main choice of protecting family health by customers and the community. For this reason, Ted encourages a large family of Sequis Life which includes shareholders, employees, business partners, and marketers to be more enthusiastic and continue to grow to build the Indonesian insurance industry.

Our vision is to make Sequis Life a reliable insurance company for the Indonesian people to meet their financial, health and pension needs in order to achieve prosperity. For 40 years, Sequis Life has protected Indonesia and we want to ensure that in the future Sequis Life will still be there for you. We are optimistic that the protection we provide can be the right choice to protect the future of Indonesian families and contribute to the nation's future," he explained.

He is optimistic that awareness of insurance in the community will continue to increase so that Sequis Life needs to continue to increase public understanding and participation in insurance and develop innovative products and services in order to continue to contribute positively in this industry. In the future, Sequis Life is committed to continuing its expansion by adding marketing offices, marketers, and business partners so that people can more easily access company products and services.

One of the other strategic steps in this effort is the development of digital product innovation through the Super You online distribution channel and the Sequis Super Token Protection product. This step is based on the aim of strengthening the insurance culture in Indonesia.

Sequis Life is committed to maintaining and improving healthy financial performance and paying claims and benefits for customers by implementing careful underwriting standards and management, proper fund management, and implementing standard risk-management according to regulatory regulations.

It was recorded in Sequis Life's financial statements as of December 2023, Premium Revenue reached IDR 2.96 trillion, Total Assets reached IDR 19 trillion and Achievement Rate Rate Rate Rate (RBC) ratio of 515 percent. The company has also fulfilled its obligations to customers by making Claims and Benefits Payments that exceed Rp1.39 trillion.

This 40 Years Protection Indonesia celebration is an appreciation for all employees and marketers who have been dedicated and working hard to serve customers throughout Indonesia. Ted invites the Sequis Life extended family to appreciate the history of the company that has been established for 40 years and is optimistic about the challenging future of making Sequis Life a big insurance company and able to provide protection for the Indonesian people.The event was attended by employees, BP Founder, Leaders and Sequis Life agents who are the spearheads of the company. Sequis Life's agency remains strong for 40 years because Sequis Life's marketers have the spirit to help the community to understand life and health insurance as well as provide the best service for customers.Turut was present at this celebration, Brand Ambassador & Financial Consultant Sequis Life Donna Agnesia. As one of the Financial Consultant at Sequis Life, Donna is proud to be able to support companies to improve financial literacy and help the community plan a future with insurance with Sequis Life.

Donna also feels proud to be known by the public not only as a public figure, but also as the Brand Ambassador of Sequis Life since 2017 in charge of improving the Sequis Life brand so that it is increasingly known to the Indonesian people. This pride is also the reason he and his family are in custody in Sequis Life.