PT Asuransi Jiwasraya (Persero)
- Company typePrivate
- Founded1859
- HeadquartersJakarta, Jakarta Pusat, Indonesia
- Headcount11–50
- GTM typeB2C
- OfferingServices
PT Asuransi Jiwasraya (Persero) firmographics
Firmographics- Name
- PT Asuransi Jiwasraya (Persero)
- Legal name
- PT Asuransi Jiwasraya (Persero)
- Website
- https://jiwasraya.co.id
- Company type
- Private
- Founded year
- 1859
- Operating status
- Closed
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
PT Asuransi Jiwasraya (Persero) industry classification
Industry- Product category
- Life Insurance
- NAICS
- Direct Life Insurance Carriers (524113), Direct Life, Health, and Medical Insurance Carriers (52411), Pension Funds (525110)
- SIC
- Life Insurance (6311), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Variable Universal Life (VUL) Insurance (FSAIABAD)
- akta.pro secondary industry
- Group Universal Life (GUL) (FSAIADAC)
Keywords
Where PT Asuransi Jiwasraya (Persero) is headquartered
LocationHeadquarters
- HQ city
- Jakarta, Jakarta Pusat
- HQ country
- Indonesia
- HQ region
- Asia
Markets served
PT Asuransi Jiwasraya (Persero) business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
PT Asuransi Jiwasraya (Persero) product offering
Product offeringCore offering
PT Asuransi Jiwasraya (Persero) historically sold life insurance policies and pension fund products (DPLK and DPPK) to individual and group customers in Indonesia. Following its 2020 bankruptcy declaration, the company no longer offers new products; the Tim Likuidasi (Liquidation Team) processes policyholder creditor claims, settles employee arrears and other creditor debts, manages DPLK dissolution and participant transfers, and distributes remaining liquidation assets to entitled parties.
Differentiator
Problem solved
Functional benefit
Products and services
- Program Asuransi Jiwasraya
Companies that use PT Asuransi Jiwasraya (Persero)
Customer profileSegments1 record
Ideal customer profiles1 record
PT Asuransi Jiwasraya (Persero) technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
PT Asuransi Jiwasraya (Persero) competitors and assessment
Company assessmentBroad incumbents
- PT Prudential Life Assurance Indonesia: Major private international life insurer operating in Indonesia with a large policyholder base and broad product portfolio including unit-linked products. Comparable as a major incumbent life insurance market participant whose investment-linked scandal history parallels Jiwasraya's.
- PT AXA Mandiri Financial Services: Joint venture life insurer between AXA and Bank Mandiri, one of Indonesia's largest life insurers. Comparable as a major bancassurance-based life insurer operating in the same Indonesian market.
- PT Allianz Life Indonesia: Major international life insurer with significant Indonesia presence offering individual and group life products. Comparable as a broad incumbent life insurer operating in the same Indonesian market.
Direct peers
- PT BNI Life Insurance: Indonesian state-owned life insurer affiliated with Bank BNI, offering similar life insurance and pension products through banking channels. Direct peer in the Indonesian state-owned life insurance segment.
- PT Great Eastern Life Indonesia: Singapore-based life insurer with Indonesian operations offering traditional life insurance and unit-linked products. Comparable as a competing life insurance carrier with a similar product portfolio including investment-linked products where the underlying investment governance risks parallel Jiwasraya's collapsed business model.
- PT Asuransi BRI Life: Indonesian state-owned life insurer subsidiary of Bank BRI, competing in the same Indonesian life insurance market with bancassurance distribution. Comparable as a state-owned life insurer with similar individual and group product offerings.
- IFG Life: Indonesian Financial Group Life, a state-owned life insurer designated to assume restructured Jiwasraya policies and complete the policyholder transfer process. Direct successor peer for the policy portfolio being transferred out of Jiwasraya's liquidation estate under OJK supervision.
- PT Asuransi Jiwa Central Asia Raya: Indonesian life insurer offering traditional and unit-linked life insurance products to individual and group clients. Comparable as a mid-sized Indonesian life insurer competing in similar product segments.
- PT Asuransi Jiwa Sinarmas MSIG: Indonesian life insurer joint venture between Sinarmas Group and MSIG. Comparable as a domestic life insurer with similar traditional and unit-linked product offerings in the Indonesian market.
- PT Asuransi Jiwa Manulife Indonesia: Major international life insurer with significant Indonesia operations. Comparable as a competing life insurance carrier in the same market with similar individual and group life product offerings including unit-linked products.
Market position
Customer concentration
PT Asuransi Jiwasraya (Persero) social profiles
Digital presencePT Asuransi Jiwasraya (Persero) financial estimates
Financial estimateRevenue estimate
Valuation estimate
PT Asuransi Jiwasraya (Persero) leadership team
Management profileNumber of profiles
PT Asuransi Jiwasraya (Persero) subsidiaries and ownership
Company hierarchySubsidiaries1 record
PT Asuransi Jiwasraya (Persero) funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PT Asuransi Jiwasraya (Persero) M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PT Asuransi Jiwasraya (Persero)
What does PT Asuransi Jiwasraya (Persero) do?
PT Asuransi Jiwasraya (Persero) historically sold life insurance policies and pension fund products (DPLK and DPPK) to individual and group customers in Indonesia. Following its 2020 bankruptcy declaration, the company no longer offers new products; the Tim Likuidasi (Liquidation Team) processes policyholder creditor claims, settles employee arrears and other creditor debts, manages DPLK dissolution and participant transfers, and distributes remaining liquidation assets to entitled parties.
Is PT Asuransi Jiwasraya (Persero) a public or private company?
PT Asuransi Jiwasraya (Persero) is a private company. It is classified as state government owned and is currently closed.
When was PT Asuransi Jiwasraya (Persero) founded?
PT Asuransi Jiwasraya (Persero) was founded in 1859. It employs 11 to 50 people.
Where is PT Asuransi Jiwasraya (Persero) based?
PT Asuransi Jiwasraya (Persero) is headquartered in Jakarta, Jakarta Pusat, Indonesia, in the Asia region.
Who are PT Asuransi Jiwasraya (Persero)'s main competitors?
Broad incumbents on record are PT Prudential Life Assurance Indonesia, PT AXA Mandiri Financial Services and PT Allianz Life Indonesia. Direct peers are PT BNI Life Insurance, PT Great Eastern Life Indonesia, PT Asuransi BRI Life, IFG Life, PT Asuransi Jiwa Central Asia Raya, PT Asuransi Jiwa Sinarmas MSIG and PT Asuransi Jiwa Manulife Indonesia.
Does PT Asuransi Jiwasraya (Persero) have an API?
No public API is recorded for PT Asuransi Jiwasraya (Persero).
What industry is PT Asuransi Jiwasraya (Persero) in?
PT Asuransi Jiwasraya (Persero)'s product category is Life Insurance. Its primary akta.pro industry code is FSAIABAD, Variable Universal Life (VUL) Insurance, with a secondary code of FSAIADAC, Group Universal Life (GUL). Its NAICS code is 524113 and its SIC code is 6311.