pt aig insurance indonesia

What pt aig insurance indonesia does

PT AIG Insurance Indonesia is a Jakarta-based general insurance company and a wholly-owned subsidiary of American International Group, Inc. (AIG, NYSE: AIG), operating in Indonesia since 1970. The company is licensed and supervised by the Financial Services Authority (OJK) and serves exclusively corporate clients (Korporasi) with a focused product set spanning Casualty (Employers Liability, Product Liability, Public Liability, Workmen Compensation), Financial Lines (Director & Officer Liability, Professional Indemnity), Marine (Cargo, Marine Liability), Property, Multinational programs, and Trade Credit insurance. These products are organized under the "Solusi Resiko" (Risk Solutions) platform on the company's website (aig.co.id).

The company distributes its insurance products almost entirely through a network of commercial insurance brokers, supported by a dedicated Client Broker Engagement (CBE) team and specialized underwriting teams across Financial Lines, Marine, Casualty, Multinational, and Trade Credit. Underwriting is human-led, with a named management team of department heads and underwriters visible on the website; claims handling is delivered through AIG's global claims capability combined with a local Marine Klaim Cepat express claims service. The technology stack is described generically as AIG's global network and technology infrastructure, with no public API, no proprietary AI/ML features, and no digital distribution layer.

The business model is insurance-premium-based (subscription/recurring), generating revenue through gross written premiums on corporate policies. Pricing is risk-based and not publicly disclosed. Geographic reach is Indonesia-only at the local entity level, but the Multinational product line leverages AIG's global presence in approximately 70 countries to serve cross-border corporate programs. Public recognition is strong: PT AIG Insurance Indonesia has received consistent annual industry awards from 2020 through 2025 from Infobank, The Finance, Bisnis Indonesia, Media Asuransi, and Top GRC, with award-category progression indicating gross premium growth from the Rp 250–500 billion tier to the Rp 500 billion–1 trillion tier.

Name

pt aig insurance indonesia

Legal name

PT AIG Insurance Indonesia

Website

https://aig.co.id

Company type

Public

Founded year

1970

Operating status

Operating

Headcount range

1–10 employees

Short description

PT AIG Insurance Indonesia is a Jakarta-based general insurance company, wholly owned by American International Group, Inc. (AIG), serving corporate clients in Indonesia since 1970 with Casualty, Financial Lines, Marine, Property, Multinational, and Trade Credit coverage distributed through insurance brokers.

Ownership category

akta.pro rank

Product category

General Insurance

NAICS

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

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Public Liability (Premises/Operations) (FSAJADAD)

akta.pro secondary industry

Product Liability (FSAJADAC)

Keywords

• General insurance
• Corporate insurance
• Risk management solutions
• Commercial insurance
• Property casualty insurance

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premium Revenue: AIG Indonesia generates revenue through collection of insurance premiums from corporate clients for various coverage types including casualty, financial lines, marine, property, multinational, and trade credit insurance products.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

PT AIG Insurance Indonesia is a licensed general insurance company operating in Indonesia since 1970, providing corporate and commercial clients with a comprehensive portfolio of insurance products under its Risk Solutions (Solusi Resiko) platform. The company offers Casualty, Financial Lines (D&O and Professional Liability), Marine, Multinational, Property, and Trade Credit insurance, supported by global AIG claims expertise and a dedicated broker engagement network.

Product overview

PT AIG Insurance Indonesia is a leading general insurance company operating in Indonesia since 1970, focused on serving corporate clients. The company offers a comprehensive portfolio of insurance products organized under its Risk Solutions (Solusi Resiko) platform, including Casualty insurance (Employers Liability, Product Liability, Public Liability, Workmen Compensation), Financial Lines (Director & Officer Liability, Professional Indemnity), Marine insurance (Marine Cargo, Marine Liability), Multinational coverage, Property insurance, and Trade Credit insurance. The company combines its global AIG network with local expertise to deliver innovative risk management solutions and insurance services, including a Marine Klaim Cepat express claims service for faster claims processing. The company is licensed and supervised by the Financial Services Authority (OJK).

Differentiator

Problem solved

Functional benefit

Products and services

• Casualty Insurance Liability insurance coverage for corporate clients including Employers Liability, Product Liability, Public Liability, and Workmen Compensation to protect against third-party claims and employee injury exposures.
• Financial Lines Insurance Coverage for management and professional financial risks, including Director & Officer (D&O) Liability and Professional Indemnity/Professional Liability insurance for corporate executives and professional service firms.
• Marine Insurance Marine Cargo Insurance and Marine Liability coverage for businesses engaged in cargo transportation and maritime operations, protecting against transit losses and maritime liability exposures.
• Multinational Insurance Coordinated insurance programs for multinational corporations operating across borders, providing consistent global coverage backed by AIG's international network.
• Property Insurance Property insurance coverage that protects corporate business assets against damage, loss, or destruction.
• Comprehensive Trade Credit Insurance Trade credit insurance that protects businesses against the risk of non-payment by their buyers or customers, supporting credit risk management and trade finance decisions.
• Claims Services Global team of AIG claims experts supporting Indonesian corporate clients throughout the claims process, combining local expertise with global capabilities to handle complex claims efficiently.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• PT Asuransi Sinar Mas: Leading Indonesian general insurance company offering property, casualty, marine, and engineering cover to corporate clients. Comparable in scale and product breadth to PT AIG Insurance Indonesia within the Indonesian general insurance market.
• PT Asuransi MSIG Indonesia: Indonesian subsidiary of Mitsui Sumitomo Insurance Group offering commercial P&C products including property, marine, and casualty. Comparable foreign-affiliated general insurer competing for Indonesian corporate business.
• PT Asuransi Tokio Marine Indonesia: Indonesian subsidiary of Tokio Marine offering general insurance including marine, property, and casualty. Comparable Japanese-affiliated general insurer targeting corporate clients through broker networks.
• PT Asuransi AXA Indonesia: Indonesian general insurance subsidiary offering commercial and personal lines. Comparable multinational-affiliated P&C insurer competing for Indonesian corporate accounts through broker distribution.
• PT Asuransi Allianz Utama Indonesia: General insurance arm of Allianz in Indonesia, offering property, casualty, motor, and specialty lines to corporate clients. Comparable multinational insurer competing for the same broker-routed Indonesian commercial accounts.
• Asuransi Astra: One of Indonesia's largest general insurers, offering motor, property, casualty, and commercial lines to corporate and retail customers. Directly comparable to PT AIG Insurance Indonesia as a major Indonesian P&C competitor serving corporate clients.
• PT Zurich Insurance Indonesia: Indonesian subsidiary of Zurich Insurance Group offering general insurance products to corporate and commercial customers. Directly comparable multinational P&C competitor in the same broker-distributed Indonesian corporate segment.
• Chubb General Insurance Indonesia: Global P&C insurer's Indonesian subsidiary offering commercial property, casualty, financial lines, and marine coverage to corporate clients. Closely comparable as another multinational general insurer serving Indonesian corporates through broker channels.

Broad incumbents

• American International Group, Inc. (AIG): NYSE-listed parent company of PT AIG Insurance Indonesia, providing global claims expertise, multinational program infrastructure, and reinsurance support. Comparable as the broader incumbent whose Indonesian subsidiary is the subject of this analysis.

Others

• Marsh Indonesia: Leading global insurance broker with significant Indonesian operations. Functions as a primary distribution intermediary for PT AIG Insurance Indonesia and other corporate insurers, making it an adjacent ecosystem participant rather than direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/AIG
• Facebookfacebook.com/AIGInsurance
• LinkedInlinkedin.com/company/pt-aig-lippo-life
• Instagraminstagram.com/aiginsurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 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 pt aig insurance indonesia