PT. Asuransi Perisai Listrik Nasional (PLN Insurance)
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) is an Indonesian general insurer, owned by Dana Pensiun PT PLN (Persero), providing fire, motor, engineering, health (ASO), and liability coverage primarily to PLN Group companies plus retail customers through 21 branches, six bank partners, and the PLN Mobile app.
- Company typePrivate
- Founded1991
- HeadquartersJakarta, Indonesia
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What PT. Asuransi Perisai Listrik Nasional (PLN Insurance) does
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) is an Indonesia-based general insurance company founded in 1991 and headquartered in Jakarta, operating since October 2017 as the captive insurance arm of PLN Group under controlling shareholder Dana Pensiun PT PLN (Persero). The company offers a broad portfolio across retail and corporate lines including fire, property/industrial all risks, motor vehicle, marine/cargo, hull, engineering (CAR/EAR, machinery breakdown, electronic equipment, CECR, CMI, CPM), credit, suretyship, miscellaneous (personal accident, D&O, professional indemnity, money, burglary, third-party liability, movable assets), and a flagship Administration Service Only (ASO) health claim administration platform.
PLN Insurance's core technology is the ASO platform, supported by a host-to-host bridging system that automates medical data exchange with hospitals, clinics, laboratories, optics, and pharmacies to enable cashless and reimbursement claim processing. The PLN Sehat application serves PLN Group employees and retirees for health reimbursement, while PLN Mobile integration provides a digital distribution channel for retail products including electric vehicle insurance. The company operates 21 branch offices across Indonesia and a network of more than 1,850 healthcare providers including 38 Ministry of Health hospitals and 27 government regional hospitals.
The business model combines recurring subscription premiums on corporate and retail policies with managed-services revenue from the ASO platform (serving ~45,000 PLN employees and ~46,000 retirees) and transaction-based micro-premiums of Rp500 per electricity payment for public liability cover distributed through partner banks (BNI, BTN, Bank Mandiri Taspen, KB Bukopin, OCBC NISP, Bank Jawa Timur). PLN Insurance holds a Pefindo BBB+ credit rating, has gross premium reportedly above Rp500 billion and equity of Rp300–500 billion (2022), and has won five consecutive Infobank Golden Trophy awards with predikat 'Sangat Bagus' in the General Insurance category. International activity is limited to a 2024 partnership with KPJ Healthcare Berhad of Malaysia for cross-border healthcare access.
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) firmographics
Firmographics- Name
- PT. Asuransi Perisai Listrik Nasional (PLN Insurance)
- Legal name
- PT. Asuransi Perisai Listrik Nasional
- Website
- https://plninsurance.co.id
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- PT. Asuransi Perisai Listrik Nasional (PLN Insurance) is an Indonesian general insurer, owned by Dana Pensiun PT PLN (Persero), providing fire, motor, engineering, health (ASO), and liability coverage primarily to PLN Group companies plus retail customers through 21 branches, six bank partners, and the PLN Mobile app.
- Ownership category
- akta.pro rank
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) industry classification
Industry- Product category
- General Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Self-Funded Employer Plan TPA (ASO Administration) (HLAEALAA)
- akta.pro secondary industry
- Provider Network Administration & Contracting (PPO Network Management) (HLAEALAE)
Keywords
Where PT. Asuransi Perisai Listrik Nasional (PLN Insurance) is headquartered
LocationHeadquarters
- HQ city
- Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Offices4 records
Markets served
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Property/Industrial Insurance: Comprehensive insurance coverage for properties, industrial risks, fire insurance, and corporate assets including buildings, equipment, and machinery
- Health Insurance (ASO): Administration Service Only (ASO)健康管理服务 for PLN Group employees and retirees, managing health claim administration for approximately 45,000 employees and 46,000 retirees
- Motor Vehicle Insurance: Comprehensive and TLO coverage for vehicles with extensions for third-party liability, driver/ passenger accident coverage, riots and natural disasters
- Engineering Insurance: Contractor/Erection All Risks, Machinery Breakdown, Electronic Equipment, Contractor Plant Machinery coverage for industrial operations
- Credit Insurance: Credit risk coverage and surety bonds for business transactions
- Customer Liability Insurance: Public liability insurance for PLN customers covering fire, medical treatment, and death risks from electrical short circuits, with Rp500 premium per electricity transaction
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Customer Liability Insurance (Public Liability) |
| Subscription | Annual | Motor Vehicle Insurance |
| Subscription | Annual | Motor Vehicle Individual |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) product offering
Product offeringCore offering
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) is an Indonesian general insurance company selling fire, motor vehicle, property/industrial all-risks, engineering, marine/transport, hull, credit, suretyship, and miscellaneous insurance to corporate, retail, and PLN Group customers. It operates an ASO health claims administration platform serving PLN Group employees and retirees with cashless access to a 1,850+ healthcare provider network, and distributes public liability and electric vehicle insurance through partner banks and the PLN Mobile application.
Product overview
PLN Insurance is a general insurance company offering a broad portfolio of insurance products organized into two main segments: Retail and Corporate. Retail products include Fire Insurance, Health Insurance (with ASO administration), Motor Vehicle Insurance, and the MGM referral product. Corporate products are organized into categories: Miscellaneous/Aneka (personal accident, third-party liability, money, professional indemnity, burglary, movable assets, D&O), Engineering/Rekayasa (contractor all risks, machinery breakdown, electronic equipment, CPM, CMI, CECR), Transport/Marine, Motor Vehicle, Hull, Property, Credit, Suretyship, and Fire Extinguishing. A key differentiator is its Administration Service Only (ASO) platform providing cashless health claim management for PLN employees and retirees across a network of hospitals, clinics, laboratories, optics, and pharmacies. The company also offers customer protection insurance (Public Liability) for PLN electricity customers and electric vehicle insurance distributed through the PLN Mobile application.
Differentiator
Problem solved
Functional benefit
Products and services
- Asuransi Kebakaran (Fire Insurance) Fire insurance providing coverage for property damage and losses caused by fire-related risks, available to retail and corporate customers across Indonesia.
- Asuransi Kesehatan (Health Insurance) Health insurance covering medical expenses for employees and retirees, administered via the ASO (Administration Service Only) system for cashless and reimbursement claims at hospitals, clinics, laboratories, optics, and pharmacies.
- ASO - Administration Service Only Health claim administration service for PLN Group employees and retirees, offering cashless and reimbursement claims through 1,850+ healthcare providers. Available as ASO Payor (full administration and operations), ASO Non-Payor (administration only), and as integrated health insurance with provider partnerships and payments.
- Asuransi Kendaraan Bermotor (Motor Vehicle Insurance) Motor vehicle insurance covering comprehensive (combined) and total loss only damages, with optional extensions for third-party liability, driver and passenger accident coverage, riots, and natural disasters. Available to retail customers and corporate fleets with a minimum of 10 units.
- Property/Industrial All Risks (PAR/IAR) Insurance Property and industrial all-risks insurance covering broad property damage and business interruption exposures for corporate and industrial customers.
- Asuransi Rekayasa (Engineering Insurance) Engineering insurance category including Contractor/Erection All Risks, Civil Engineering Completed Risks, Comprehensive Machinery Insurance, Contractor Plant Machinery, Electronic Equipment Insurance, and Machinery Breakdown coverage for industrial operations and electrical infrastructure.
- Asuransi Pengangkutan (Marine/Transport Insurance) Transport insurance covering cargo losses, damages, or theft during shipment via land, sea, and air transport against risks including derailment, sinking, fire, general average, earthquake, and volcanic eruption.
- Asuransi Rangka Kapal (Hull Insurance) Hull insurance providing coverage for ship frames and vessel structures for marine operators.
- Asuransi Harta Benda (Property Insurance) Property insurance covering damage or loss to business and personal assets for corporate and retail customers.
- Asuransi Kredit (Credit Insurance) Credit insurance protecting businesses against non-payment risks by buyers or debtors.
- Asuransi Penjaminan (Suretyship Insurance) Suretyship and bond insurance including counter-guarantee bank guarantee issuance via line facility arrangements with partner banks.
- Asuransi Aneka (Miscellaneous Insurance) Miscellaneous insurance category covering personal accident, third-party liability, money insurance (CIS/CIT/FD), professional indemnity, billboard/neon sign insurance, burglary, movable assets (MAR), and Directors & Officers (D&O) liability.
- Asuransi Pemadaman (Fire Extinguishing Insurance) Fire extinguishing insurance covering risks related to fire suppression systems and equipment.
- Asuransi MGM (Members Get Members) Referral-based retail insurance product where existing members can bring in new customers.
- Public Liability Insurance for PLN Customers (Perlindungan Pelanggan PLN) Public liability insurance for PLN electricity customers covering death, fire property damage, and medical expenses from electrical short-circuit accidents, distributed through partner banks (BNI, BTN, Bank Mandiri Taspen, KB Bukopin, OCBC NISP) at electricity payment points.
Quantifiable outcome
- ASO service covering 45,000 active employees and 46,000 retirees of PLN Group
- +3 more outcomes
Companies that use PT. Asuransi Perisai Listrik Nasional (PLN Insurance)
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles3 records
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered major, minor and core.
- Alia HospitalmajorHealthcare provider partnership for health talks and medical check-up services, collaborating on employee wellness programs.
- KPJ Healthcare BerhadmajorInternational healthcare network expansion to Malaysia. KPJ operates 29 hospitals and 4 outpatient centers with nearly 1,400 specialists covering cancer, neurology, orthopedics, cardiology, and more.
- PT Pos Logistik IndonesiaminorGeneral insurance MoU for logistics operations coverage.
- PT Pelayaran Bahtera AdhigunaminorHealth insurance cooperation agreement for shipping company.
- PT Bank Pembangunan Daerah Jawa Timur Tbk (Bank Jawa Timur)majorCounter bank guarantee services and electricity bill payment partnership through regional development bank.
- PT Bank KB Bukopin TbkmajorBanking channel partner for distributing PLN customer public liability insurance. Customers paying electricity bills through KB Bukopin automatically receive insurance coverage.
- PT Bank Mandiri TaspenmajorBanking channel partner (Mantap) for distributing PLN customer public liability insurance. Automatic coverage for electricity payment customers.
- PT Bank OCBC NISP TbkmajorBanking channel partner for PLN customer insurance distribution and workshop collaboration on counter bank guarantees.
- PT Rekadaya Elektrika ConsultminorHealth insurance indemnity cooperation agreement for consultancy services.
- PT PLN BatamcoreASO non-payor product partnership for PLN Batam employees and non-payor service administration.
- PT PLN Enjiniring (Prima Layanan Nasional Enjiniring)coreASO health administration services partnership with ASO as payor system.
- PT PLN Indonesia PowercoreASO and health insurance protection services partnership covering employees of PLN Indonesia Power as part of PLN Incorporated synergy.
- PT PLN Nusantara PowercoreASO and health insurance protection services partnership covering employees of PLN Nusantara Power.
- PT PLN Energi Primer IndonesiacoreASO and health insurance protection services partnership covering employees of PLN Energi Primer.
- PT Bank Negara Indonesia (BNI)majorBanking partnership for providing insurance protection to PLN customers paying through BNI channels.
- PT Bank Tabungan Negara (BTN)majorBanking partnership for providing insurance protection to PLN customers paying through BTN channels.
- PT PLN (Persero)coreCore partnership for ASO (Administration Service Only) health management serving 45,000 employees and 46,000 retirees. PLN Insurance manages health claim administration for PLN Group with cashless and reimbursement options.
- PT PLN Pusharlis (Pusat Pemeliharaan Listrik)coreGeneral insurance MoU for electrical equipment maintenance company covering design, reverse engineering, manufacture and repair of electrical equipment.
- PT Icon+majorCommunication services, contact center system, and application services partnership including managed IT services and data center.
Scale indicators11 records
Recent moves9 records
Expansion highlights7 records
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) competitors and assessment
Company assessmentBroad incumbents
- Asuransi Jasindo: State-owned Indonesian general insurer serving government, SOE and corporate clients with broad P&C lines. Comparable as a large-scale state-affiliated general insurer competing for the same government and SOE accounts.
- Asuransi MSIG Indonesia: Japanese-affiliated Indonesian general insurer with diversified P&C, engineering and energy-sector products. Comparable as an established international general insurer targeting corporate and energy accounts.
- Allianz Life Indonesia: Major international insurer in Indonesia with strong bancassurance distribution. Comparable as a large incumbent with multi-line insurance products and established banking channel partnerships.
- AXA Insurance Indonesia: Global insurance group operating in Indonesia across general and life lines. Comparable as a broad incumbent competing for corporate, SME and retail insurance customers in the same market.
- Sompo Insurance Indonesia: Japanese-owned general insurer in Indonesia offering property, motor, marine and engineering cover. Comparable as a multinational P&C incumbent in the same product and corporate segments.
Direct peers
- Asuransi Adira Dinamika: Indonesian general insurer with strong motor vehicle and consumer focus, distributed through parent Adira's financing network. Comparable in product mix and bancassurance-style channel strategy.
- Asuransi Sinar Mas: One of Indonesia's largest general insurers, part of the Sinar Mas group, with broad P&C, motor, marine and surety lines. Comparable as a diversified Indonesian general insurance carrier competing in the same product categories.
- Asuransi Tugu Pratama Indonesia: Indonesian general insurer historically tied to the oil & gas/energy sector (PERTAMINA ecosystem). Most directly comparable peer given similar energy-sector captive-customer model and P&C product mix.
- Asuransi Central Asia (ACA): Top-tier Indonesian general insurance company offering motor, fire, engineering, marine and miscellaneous lines. Closely comparable to PLN Insurance in product breadth and target corporate/SME market.
- Asuransi Astra: Major Indonesian general insurance company offering motor, property, health and personal accident cover with a captive Astra International dealership channel. Highly comparable as a mid-to-large Indonesian general insurer with embedded distribution.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) social profiles
Digital presencePT. Asuransi Perisai Listrik Nasional (PLN Insurance) compliance and trust
Trust signalCompliance3 records
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) financial estimates
Financial estimateRevenue estimate
Valuation estimate
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) leadership team
Management profileNumber of profiles
Profiles9 records
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) 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 Perisai Listrik Nasional (PLN Insurance)
What does PT. Asuransi Perisai Listrik Nasional (PLN Insurance) do?
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) is an Indonesian general insurance company selling fire, motor vehicle, property/industrial all-risks, engineering, marine/transport, hull, credit, suretyship, and miscellaneous insurance to corporate, retail, and PLN Group customers. It operates an ASO health claims administration platform serving PLN Group employees and retirees with cashless access to a 1,850+ healthcare provider network, and distributes public liability and electric vehicle insurance through partner banks and the PLN Mobile application.
Is PT. Asuransi Perisai Listrik Nasional (PLN Insurance) a public or private company?
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) is a private company. It is classified as corporate owned and is currently operating.
When was PT. Asuransi Perisai Listrik Nasional (PLN Insurance) founded?
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) was founded in 1991. It employs 101 to 250 people.
Where is PT. Asuransi Perisai Listrik Nasional (PLN Insurance) based?
PT. Asuransi Perisai Listrik Nasional (PLN Insurance) is headquartered in Jakarta, Indonesia, in the Asia region.
How does PT. Asuransi Perisai Listrik Nasional (PLN Insurance) make money?
Six revenue lines are on record. Property/Industrial Insurance is the primary driver. The others are health Insurance (ASO), motor Vehicle Insurance, engineering Insurance, credit Insurance and customer Liability Insurance.
Who are PT. Asuransi Perisai Listrik Nasional (PLN Insurance)'s main competitors?
Broad incumbents on record are Asuransi Jasindo, Asuransi MSIG Indonesia, Allianz Life Indonesia, AXA Insurance Indonesia and Sompo Insurance Indonesia. Direct peers are Asuransi Adira Dinamika, Asuransi Sinar Mas, Asuransi Tugu Pratama Indonesia, Asuransi Central Asia (ACA) and Asuransi Astra.
Does PT. Asuransi Perisai Listrik Nasional (PLN Insurance) have an API?
No public API is recorded for PT. Asuransi Perisai Listrik Nasional (PLN Insurance).
What industry is PT. Asuransi Perisai Listrik Nasional (PLN Insurance) in?
PT. Asuransi Perisai Listrik Nasional (PLN Insurance)'s product category is General Insurance. Its primary akta.pro industry code is HLAEALAA, Self-Funded Employer Plan TPA (ASO Administration), with a secondary code of HLAEALAE, Provider Network Administration & Contracting (PPO Network Management). Its NAICS code is 524126 and its SIC code is 6331.