Commemorating National Insurance Day 2024, IFG Supports Insurance Industry Actors Through Financial Literacy

IFG Corporate Secretary Oktarina Dwidya Sistha. (Photo: Doc IFG)

JAKARTA - Commemorating National Insurance Day which falls on October 18, 2024, Indonesia Financial Group (IFG), Insurance, Guarantee and Investment BUMN Holding, reaffirms the company's commitment to increasing financial literacy as a strategic step in strengthening the insurance industry in Indonesia.

This commitment is reflected in a series of initiatives and programs designed to support strengthening insurance literacy in the community, especially for industry players, which is a key factor to support the sustainable growth of the insurance industry.

IFG Corporate Secretary Oktarina Dwidya Sistha revealed, the moment of National Insurance Day can be a means for IFG to show its consistency in expanding literacy reach, as well as reflecting the important role of insurance for the community.

"In the momentum of this year's National Insurance Day, IFG is taking part by increasing the literacy of industry players and the public regarding insurance products and services, as well as financial risk management. We believe that with a good understanding, people can optimize their financial protection, which will ultimately strengthen the insurance sector and encourage sustainable economic growth," he said.

To fulfill this commitment, IFG carried out several strategies by holding two flagship events aimed at strengthening the industry in terms of literacy. The two events include IFG Conference 2024 with the theme Seizing Opportunities in the Insurance Industry and Risk Management Summit 2024, with the theme Navigating Risk Towards Business Resilience and Sustainability.

"The two events affirm the IFG's commitment to increase awareness and understanding of stakeholders, as well as the public regarding the importance of insurance as a risk management instrument for business people and insurance companies," he said.

In particular, IFG also wants to encourage the development of business people through various discussions related to the role of risk management, macroeconomic conditions, as well as the insurance function as a financial instrument, especially in facing opportunities and challenges in the future.

Apart from conference events and Summits, IFG also continues to encourage increased financial literacy in the community, one of which is through the IFG Goes to Campus program. This program is designed to reach various levels of society, especially students to have good financial planning to long-term investments.

On the same occasion, Sistha added, she is confident that with the focus of industry players and increasing financial literacy, it will contribute to strengthening in the insurance sector as a whole and encouraging increased financial inclusion in Indonesia.

"In the future, IFG is committed to continuing to provide sustainable benefits for customers. Thus, public trust in the insurance industry is expected to continue to grow, so they prefer to get to know insurance instruments and take advantage of available products and services for better future protection," he concluded.