JAKARTA - PT Asuransi Kredit Indonesia or Askrindo, a member of the Insurance and Guarantee Holding, Indonesia Financial Group (IFG), continues to strengthen the business climate, especially in Credit Insurance. The strengthening is to create a healthy and sustainable Credit Insurance Business, both in the insurance and guarantee industry as well as the banking industry.

This collaboration began with the signing of a Memorandum of Understanding (MoU) between Askrindo, BNI and BTN on Thursday, November 18, 2021 at the Financial Hall, Graha CIMB Niaga, Jakarta. This collaboration aims to create healthier and mutually beneficial credit insurance services for the parties involved.

Furthermore, this initiative is part of improving the governance and risk management of IFG's subsidiaries. Priyastomo, President Director of PT Askrindo said that the transformation of governance and operations of the national insurance ecosystem needs to be continuously improved.

"Based on the spirit of healthy synergy with the aim of strengthening the national financial industry, it is hoped that there will be more similar forms of cooperation that can be developed with other banks," said Priyastomo.

The cooperation with BTN is in terms of improving or revamping terms and conditions, business models and insurance premiums that are adjusted to the principles of prudence and pricing discipline that are adjusted to the risk profile of the insured object. Meanwhile, the collaboration with BNI is to strengthen the existing synergies and improve the excellence business model.

For information, the MoU between Askrindo and BTN as well as Askrindo and BNI was signed by the Technical Director of Askrindo Vincentius Wilianto. The collaboration was witnessed directly by Deputy Minister of SOE II Kartika Wirjoatmodjo, IFG President Director Robertus Billitea, IFG Business Director Pantro Pander Silitonga, BNI Bank President Director Royke Tumilaar, and Bank BTN President Director Haru Koesmahargyo.

In the future, Askrindo through IFG will continue to collaborate with other banking partners as part of efforts to continue to increase efforts to strengthen the country's insurance industry. And continue to carry out its mandate to form a healthy and competitive BUMN insurance ecosystem, provide protection for policyholders, and encourage the national economy.


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