MNC Insurance

What MNC Insurance does

MNC Insurance (legal entity PT MNC Asuransi Indonesia) is an Indonesia-based general insurance company founded in 2012 as a subsidiary of MNC Group, a diversified Indonesian media and financial services conglomerate. The company operates under OJK supervision and offers 13 insurance products across two horizontal segments: a consumer line including MNC Car Protection, MNC Home Protection, MNC International and Domestic Travel Protection, MNC Family Protection and MNC Personal Protection; and a specialty commercial line covering satellite, aviation, marine cargo, heavy equipment, liability, property all risk and engineering insurance. Distribution is executed through a hybrid model combining a digital self-serve portal (motionsafe.id) with online premium calculation, a network of 4 branch offices and 15+ representative offices across Indonesia, a partner workshop network (bengkel rekanan) for vehicle claims, and a digital product collaboration with PT Kereta Api Indonesia (KAI Access) for embedded travel insurance.

The company's revenue model is built on insurance premiums collected on annual or per-trip bases across its product portfolio. Family Protection starts from IDR 1,370 per day for up to 5 family members, while commercial and specialty lines use quote-based pricing reflecting coverage, asset value and risk profile. Gross premium scaled from the IDR 500 Billion-to-under-IDR 1 Trillion bracket to the IDR 1 Trillion-to-under-IDR 2.5 Trillion bracket in 2023, placing the firm in the IDR 100-250 Billion equity tier recognized for the 2026 Best General Insurance award. Operations are supported by mobile applications on Google Play and Apple App Store, ISO 9001 quality certification, and a management team whose executives previously held senior roles at Allianz, Astra Buana, MSIG Indonesia, AIG, Zurich, HSBC, China Taiping and KSK Insurance.

Strategically, MNC Insurance pursues growth through product breadth (notably specialty lines such as satellite and aviation), geographic coverage expansion across the Indonesian archipelago, and digital distribution partnerships. The company has accumulated 16+ industry awards between 2019 and 2026, including consecutive MAIPARK Best Cedant recognition, multiple Infobank Digital Brand Awards and The Finance TOP 20 Financial Institution rankings, signaling sustained brand momentum despite operating as a privately held subsidiary with no disclosed external private equity or venture capital investment.

Name

MNC Insurance

Legal name

PT MNC Asuransi Indonesia

Website

https://mnc-insurance.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

101–250 employees

Short description

MNC Insurance (PT MNC Asuransi Indonesia) is an OJK-licensed Indonesian general insurer offering 13 consumer and specialty insurance products through digital (motionsafe.id), branch, and partner workshop channels, serving individual, family, and corporate customers nationwide.

Ownership category

akta.pro rank

Product category

General Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Fleet & Commercial Auto Liability (FSAJABAA)

akta.pro secondary industries

Commercial Auto & Fleet Insurance (FSAJAMAB), Travel & Accident (Non-Life) Insurance (FSAJAMAN)

Keywords

• General insurance services
• Motor vehicle insurance
• Property insurance coverage
• Travel insurance products
• Commercial insurance underwriting

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices21 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Others

Revenue model

1. Property & Casualty Insurance Premiums: MNC Insurance generates revenue primarily through insurance premiums from its comprehensive portfolio of general insurance products including vehicle, home, travel, family, satellite, heavy equipment, marine cargo, liability, aviation, property, and engineering insurance policies. Premiums are collected on annual or single-trip basis depending on product type.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

MNC Insurance (PT MNC Asuransi Indonesia) is an Indonesian general insurance company that underwrites and distributes a portfolio of 13 insurance products spanning personal lines (motor vehicle, home, travel, family accident, personal accident) and commercial/specialty lines (satellite, heavy equipment, marine cargo, liability, aviation, property all risk, engineering). Policies are issued under annual or single-trip terms and sold directly through the motionsafe.id digital platform, a network of branches and representative offices across Indonesia, and partner workshops (bengkel rekanan) for vehicle claims.

Product overview

MNC Insurance offers a comprehensive portfolio of 13 insurance products under the MNC brand. The core consumer products include vehicle insurance (MNC Car Protection), home insurance (MNC Home Protection), travel insurance (MNC International Travel Protection, MNC Domestic Travel Protection), and family accident coverage (MNC Family Protection, MNC Personal Protection). The specialty insurance segment includes satellite, aviation, marine cargo, heavy equipment, liability, property all risk, and engineering insurance. Products are sold through the online platform motionsafe.id and through a network of branch offices across Indonesia. The company is regulated by OJK (Financial Services Authority) and provides both individual and commercial insurance solutions.

Differentiator

Problem solved

Functional benefit

Brands

• MNC Car Protection: Four-wheeled motor vehicle insurance providing protection against losses, damages, or theft caused by motor vehicle ownership risks.
• MNC Home Protection
• MNC International Travel Protection
• MNC Domestic Travel Protection
• MNC Family Protection
• MNC Satellite Insurance
• MNC Personal Protection
• MNC Heavy Equipment Insurance
• MNC Marine Cargo Insurance
• MNC Liability Insurance
• MNC Aviation Insurance
• MNC Property All Risk
• MNC Engineering Insurance

Products and services

• MNC Car Protection Motor vehicle insurance providing protection for four-wheeled vehicles against losses, damages, or theft resulting from risks associated with vehicle ownership; sold to individual vehicle owners via motionsafe.id, branches, and partner workshops.
• MNC Home Protection Home insurance protecting residential properties and contents against damages; coverage is quote-based using online calculator inputs for province and insured value.
• MNC International Travel Protection International travel insurance providing protection against travel-related risks and contingencies for individuals or families traveling abroad (ASEAN or worldwide).
• MNC Domestic Travel Protection Domestic travel insurance protecting against accidents, medical expenses, damaged/delayed/lost luggage, flight delays or cancellations, and home protection while traveling within Indonesia.
• MNC Family Protection Comprehensive personal accident insurance covering all family members (up to 5) plus one household assistant/driver; daily-rate subscription starting from IDR 1,370 per day.
• MNC Personal Protection Personal accident insurance providing protection against death, permanent disability, and medical expenses caused by accidents for individual policyholders.
• MNC Satellite Insurance Insurance covering damage or loss for satellites including construction, pre-launch, launch, in-orbit operations, and third-party liability; targeted at satellite operators and aerospace clients.
• MNC Heavy Equipment Insurance Insurance covering heavy equipment such as excavators, graders, tractors, trucks, cranes, forklifts, and construction machinery against crash, fire, theft, flood, and related risks; for construction, mining, and logistics operators.
• MNC Marine Cargo Insurance Insurance providing financial protection for goods in transit via sea, land, and air against fire, explosion, vessel sinking, collision, and natural disasters; for importers, exporters, and logistics companies.
• MNC Liability Insurance Liability insurance guaranteeing financial loss or damages from third-party lawsuits arising from business activities; for enterprises exposed to public, product, or professional liability claims.
• MNC Aviation Insurance Insurance covering loss or damage to aircraft hulls, engines, instruments, equipment, and third-party legal liability including passenger, baggage, cargo, and mail liability; for aircraft owners and operators.
• MNC Property All Risk Comprehensive property insurance covering buildings and contents against fire, burglary, riot, civil commotion, flood, typhoon, earthquake, tsunami, and other loss risks; for residential, commercial, and industrial property owners.
• MNC Engineering Insurance Insurance providing protection for financial and business continuity through coverage for construction projects, installation projects, and operator machinery/electronic equipment against engineering risks; for contractors and infrastructure operators.

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• PT Kereta Api Indonesia (KAI)coreStrategic or Co-development Partner · 1 January 2026MNC Insurance has a digital product collaboration partnership with PT Kereta Api Indonesia (KAI), providing travel insurance products integrated with KAI train services. The partnership was recognized with the Access by KAI 2026 award for digital product collaboration excellence.
• MNC PeduliminorStrategic or Co-development PartnerMNC Insurance collaborates with MNC Peduli, the MNC Group's corporate social responsibility arm, on community outreach programs including educational support for underprivileged children and celebration of Indonesian independence day with school children in Tarumajaya, Bekasi.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• PT Asuransi Allianz Utama Indonesia: Indonesia arm of Allianz, a global insurer, writing general insurance lines including motor, property, and travel. Comparable in offering the same broad general-insurance product suite to Indonesian consumers and corporates.
• PT Asuransi Ramayana Tbk: Indonesian listed general insurer offering motor, property, marine cargo, and travel products. Comparable product breadth and head-to-head competition for Indonesian retail and SME customers.
• PT Asuransi Tugu Pratama Indonesia: Indonesian general insurer owned by Pertamina, offering marine cargo, aviation, energy, property, and engineering lines. Comparable in writing specialty and corporate commercial lines in the Indonesian market, particularly in energy and engineering.
• PT Asuransi Bintang Tbk: Public Indonesian general insurer writing motor, property, marine cargo, and engineering lines. Comparable mid-sized general insurer competing in the same OJK-supervised market and award categories.
• PT Asuransi Sinar Mas: Major Indonesian general insurer within the Sinar Mas conglomerate, offering motor, property, marine cargo, and corporate lines. Comparable as a conglomerate-affiliated full-line general insurer with significant Indonesian retail distribution.
• PT Zurich Insurance Indonesia: Indonesian general insurer and subsidiary of Zurich Insurance Group, offering motor, property, marine cargo, and engineering coverage. Comparable in product portfolio and target segments; former employer of MNC Insurance director Meindy Sihombing.
• PT Asuransi Astra Buana: One of Indonesia's largest general insurers, part of the Astra International conglomerate. Comparable in product breadth (motor, property, marine cargo, engineering) and in operating within a diversified parent group, making it the closest structural peer to MNC Insurance.
• PT Asuransi Reliance Indonesia: Indonesia-focused general insurer offering motor, property, marine cargo, and corporate lines. Comparable full-line general insurer operating in the same regulatory (OJK) environment and segment tier; former employer of MNC Insurance Finance Director.
• PT BRI Asuransi Indonesia: Subsidiary of Bank BRI offering general insurance including motor, property, and travel; comparable as a conglomerate-affiliated (banking-led) full-line general insurer scaling through bancassurance and group distribution.
• PT MSIG Indonesia (Asuransi MSIG Indonesia): Southeast Asian general insurer of MS&AD Insurance Group writing motor, property, marine, and engineering lines in Indonesia. Comparable product mix and direct competitor in underwriting energy, engineering, and major risks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks4 records

Key highlights6 records

Customer concentration

• Xx.com/mnc_insurance
• YouTubeyoutube.com/channel/UC8eas4LPhfp3iCxU95wjf7w
• Facebookfacebook.com/MNCAI
• Instagraminstagram.com/mncinsurance
• LinkedInlinkedin.com/company/pt-mnc-asuransi-indonesia

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MNC Insurance