BCAinsurance

What BCAinsurance does

BCAinsurance (legal name PT Asuransi Umum BCA) is an Indonesian general insurance company founded in 1988 and headquartered in Jakarta, operating as a 75%-owned subsidiary of PT Bank Central Asia (BBCA), the largest private bank in Indonesia, with PT BCA Finance holding the remaining 25%. The company holds OJK general-insurance license KEP-165/KM.13/1989 and a Pefindo corporate rating of AA+ (Stable). BCAinsurance underwrites 11 personal lines (motor vehicle, fire, earthquake, personal accident, travel, total-loss vehicle, personal cyber, movable property, micro personal accident, public liability, and recently pet insurance) and 9 commercial lines (property all risks, earthquake, marine cargo, terrorism & sabotage, contractor all risks, erection all risks, heavy equipment, machinery breakdown, and commercial motor vehicle).

Its distribution architecture spans the BIG by BCAinsurance mobile app, dedicated product websites with online premium calculators, an AAUI-certified agent network across Indonesian provinces, 20+ branch and marketing offices, BCA bank-branch cross-selling, and a 87-partner motor-workshop network. Digital services include E-Polis (electronic policy vault), online claim submission, and a loyalty-point program. In July 2026 the company launched an embedded eyeglass-protection product (Proteksi Kacamata) with Optik Seis, extending into retail point-of-sale distribution beyond bancassurance.

Revenue is generated through annual-recurring insurance premiums across personal and commercial lines. Per the 2025 Sustainability Report, Insurance Service Income reached Rp 1,629.7 billion with Rp 260.2 billion net profit; FY2024 gross premium was Rp 1,726.8 billion and underwriting profit Rp 540.8 billion. Headcount grew from 4,180 (2024) to 7,226 (2025). The primary customer segments are Indonesian individuals and SMEs purchasing personal coverage, and corporate/commercial buyers of construction, heavy equipment, and property protection. BCAinsurance earns industry recognition across Media Asuransi, The Iconomics, MAIPARK, Markplus, and Global Brands Magazine.

Name

BCAinsurance

Legal name

PT Asuransi Umum BCA

Website

https://bcainsurance.co.id

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

101–250 employees

Short description

BCAinsurance is the general insurance subsidiary of PT Bank Central Asia (BBCA), offering personal and commercial insurance products across Indonesia through digital platforms, agents, BCA bank branches, and a 87-partner motor workshop network.

Ownership category

akta.pro rank

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices26 records

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. Insurance Premium Revenue: Collection of insurance premiums from personal and commercial insurance products including motor vehicle, fire, travel, property, personal accident, cyber insurance, and other general insurance lines. Premiums are collected at policy inception and renewals on annual basis.
2. Insurance Premium Revenue - Commercial Lines: Commercial insurance products including Property All Risks, Contractor All Risks (CAR), Erection All Risks (EAR), Heavy Equipment, Machinery Breakdown, Terrorism & Sabotage, Marine Transit, and Earthquake insurance for corporate clients.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

No source data was provided to describe the company's core offerings.

Product overview

BCAinsurance (PT Asuransi Umum BCA) is a general insurance company in Indonesia offering a comprehensive portfolio of personal and commercial insurance products. The company provides 11 personal insurance products including Fire, Earthquake, Personal Accident, Motor Vehicle, Property/Industrial All Risks, Travel, Total Loss Vehicle, Personal Cyber, Movable Property All Risks, Micro Personal Accident, and Public Liability insurance. For commercial customers, they offer 9 products including Motor Vehicle, Property All Risks, Earthquake, Marine/Transport, Terrorism & Sabotage, Contractor All Risks (CAR), Erection All Risks (EAR), Heavy Equipment, and Machinery Breakdown insurance. The company supports its products with digital services including E-Polis for electronic policy management, BIG by BCAinsurance mobile app for online purchases, premium calculators, claims centers, and roadside assistance services.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Gross Premium increased from Rp889.5 billion (2020) to Rp1,726.8 billion (2024)
• +3 more outcomes

Named customers10 records

Segments2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Optik SeisflagshipGTM or Marketing Partner · 6 July 2026BCAinsurance and Optik Seis formed a strategic partnership to launch Proteksi Kacamata by BCAinsurance, an insurance protection product for eyeglasses. The program automatically provides coverage to Optik Seis members who purchase eyeglasses with minimum transaction of Rp1,000,000. Coverage includes damage from unexpected events, liquid exposure, fire/lightning/explosion/smoke, riots, burglary, and natural disasters. The partnership was officially launched on July 6, 2026 at Plataran Senayan, Jakarta.

Scale indicators13 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Asuransi Tokio Marine Indonesia: Indonesian general insurer affiliated with Tokio Marine, providing motor, fire, marine, and engineering coverage. Comparable product mix and regulatory position to BCAinsurance, with similar international-affiliate dynamics.
• Asuransi Tri Pakarta: Established Indonesian general insurer with comparable portfolio across motor, fire, marine cargo, and engineering. Similar scale tier and product breadth make it a relevant benchmark for BCAinsurance's competitive positioning.
• Asuransi Sinar Mas: Major Indonesian general insurer under Sinar Mas Group with similar personal and commercial product mix (motor, fire, property, marine, engineering). Closely comparable in scale, bancassurance-style distribution, and Indonesian market positioning.
• Asuransi Astra: One of Indonesia's largest general insurers, offering motor, health, and commercial lines with strong bancassurance and dealer-distribution. Directly comparable to BCAinsurance in product breadth and Indonesian market focus, though Astra's automotive OEM channel gives it a different distribution edge.
• Sompo Insurance Indonesia: Indonesian general insurance arm of Sompo Japan. Competes directly with BCAinsurance across personal lines (motor, fire, travel) and commercial lines (property, marine, engineering) in the same OJK-regulated market.
• Asuransi MSIG Indonesia: Subsidiary of MS&AD Insurance Group (Japan), offering personal and commercial general insurance in Indonesia. Comparable in product portfolio (motor, fire, marine, engineering) and in being a foreign-affiliated subsidiary operating under OJK regulation.
• Asuransi Jasindo: State-owned Indonesian general insurer offering motor, fire, aviation, and engineering coverage. Comparable scale and product breadth, though government backing creates a different capital and distribution profile than BCAinsurance's private commercial parentage.

Broad incumbents

• Zurich Indonesia: Indonesian subsidiary of Zurich Insurance Group. Overlaps with BCAinsurance in motor, fire, and commercial lines but operates with the global incumbent's broader portfolio and pricing discipline rather than BCA's captive distribution.
• Chubb Insurance Indonesia: Indonesian operations of global insurer Chubb. Overlaps with BCAinsurance's personal accident, motor, and commercial lines but competes as a broad global incumbent rather than a domestically embedded bancassurance-focused player.
• Allianz Utama Indonesia: General insurance arm of Allianz in Indonesia. Competes across personal and commercial general insurance but operates as part of a global insurance group with broader product portfolio and brand, rather than specializing solely in Indonesian bancassurance-distributed general insurance.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/pt-asuransi-umum-bca

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 BCAinsurance