Askrindo Accelerates Digital Transformation at the Age of 55, Strengthens Productive Financing and MSMEs

Photo: Dok. Askrindo

JAKARTA - PT Asuransi Kredit Indonesia (Askrindo) commemorates its 55th Anniversary (HUT) with the theme "Grow Within, Perform Beyond", as a reflection of the company's commitment to strengthening transformation and increasing its contribution to the national economy.

The celebration which took place at Graha Askrindo is a strategic momentum to confirm the company's growth direction which is not only stable, but also progressive and sustainable. The theme reflects the spirit of internal strengthening which goes hand in hand with the drive to surpass performance achievements, in line with the dynamics of the financial industry and the growing need for productive financing.

Askrindo President Director, M Fankar Umran, emphasized that the 55th anniversary was a reflection point as well as strengthening the company's role in the national financing ecosystem.

"This HUT anniversary is not just a ceremony, but a momentum of reflection on our role in encouraging financial inclusion. Askrindo is committed to continue expanding access to financing for business actors, especially MSMEs as the backbone of the national economy," he said, Monday, April 6.

During the 55 years since its establishment on April 6, 1971, Askrindo has continued to show solid performance and support the national economy. For information, from 2007 to 2025, Askrindo has guaranteed People's Business Loans of IDR 1,125.9 trillion to 36.3 million SME debtors, with a total absorption of 62.7 million workers.

As for 2025, Askrindo has also guaranteed a People's Business Loan (KUR) worth Rp. 114 trillion to 2 million SME debtors, which has an impact on the absorption of 3.7 million workers in Indonesia. In response to this achievement, Fankar said that this financial performance reflects a stronger business fundamentals.

In 2025, the Company recorded Netto Underwriting Results of IDR 1.28 trillion (unaudited). In line with this, gross premiums were recorded at IDR 4.44 trillion (unaudited). This achievement reflects a positive step in strengthening the company's business portfolio.

"We see that the portfolio strengthening and risk management strategies are effective. In the future, we will continue to maintain healthy and sustainable growth, while expanding our contribution to productive financing, especially for MSMEs," added Fankar.

In the series of peak HUT events, Askrindo launched the FINTRACS and ASK-SCORING centralization system as part of strengthening digital transformation and improving service quality.

"The implementation of this system is expected to increase the effectiveness of business processes, strengthen risk management, and support data-based decision making," added Fankar.

As part of the digital transformation, Askrindo presents FINTRACS (Financial Transaction System), an integrated system designed to simplify and centralize the company's financial transaction process.

"Through FINTRACS, the entire process of cash receipt and disbursement is now integrated into one platform, equipped with automatic journal recording and more systematic settlement processes. This system also allows real-time monitoring of transactions, thus increasing transparency and control," explained Askrindo's Finance Director, Leonardo Henry Gavaza.

The implementation of FINTRACS encourages operational efficiency, reduces manual workload, and increases the speed and accuracy of financial recording, while strengthening corporate governance.

In addition, Askrindo also introduced ASK-SCORING (Askrindo Underwriting Scoring System) as a solution to improve the quality and speed of the underwriting process.

"Through ASK-SCORING, the underwriting process is now based on a rule-based scoring system that allows risk analysis to run faster, more objective, and standardized. This system is also integrated with the company's core system, eliminating process duplication and increasing efficiency," said Leonardo.

With the support of these two applications, Askrindo can strengthen the quality of the portfolio of liabilities as well as accelerate the distribution of financing to the productive sector.

Commitment to Social and Environmental Responsibility

As a form of gratitude at the age of 55, Askrindo also strengthened its commitment to sustainable social contributions.

In the celebration of the peak HUT, management provided educational assistance to 158 children of non-admin temporary employees and 15 non-admin temporary employees. This initiative is part of the company's support for improving the quality of human resources through access to education.

Askrindo President Director, M Fankar Umran, emphasized that this step reflects the company's commitment to not only focus on business performance, but also on the creation of sustainable social value for all stakeholders.

"With the spirit of togetherness, dedication, and innovation, we believe that Askrindo will continue to move stronger. Together with all the people of the company, we want to build a better future for the company, customers, and the wider community," he said.

Strengthen the Role in the National Financing Ecosystem

In line with strengthening internal and social aspects, Askrindo continues to strengthen its role in the national financing ecosystem through sustainable business transformation.

With the strengthening of business processes through digital transformation and increasingly solid risk management, Askrindo is optimistic that it can expand access to financing - especially for MSMEs - as well as increase its contribution to inclusive and sustainable national economic growth.

Through this 55th anniversary momentum, Askrindo emphasizes its commitment to continue to grow sustainably, improve performance, and expand its role as a strategic partner in encouraging productive financing and national economic competitiveness.

"In the future, we want to ensure that every step of transformation not only improves the company's performance, but also has a real impact on the economy. Askrindo will continue to strengthen its role as an enabler of productive financing, especially for MSMEs, so that they can grow faster, healthier, and competitive," concluded Fankar.