asuransi asei indonesia, pt

What asuransi asei indonesia, pt does

PT Asuransi Asei Indonesia (ASEI) is Indonesia's designated Export Credit Agency (ECA), established in 1985 as Asuransi Ekspor Indonesia to provide trade and credit insurance against commercial and political risks in international trade. Operating as a state-owned enterprise (BUMN) under the Indonesia-Re parent group and transitioning into the Danantara Indonesia sovereign investment ecosystem, ASEI offers four product families: Trade Insurance (Export Credit Insurance, Domestic Credit Insurance, Export Bill Insurance, Domestic Credit Insurance Financing); Credit Insurance and Surety (including consumptive credit and suretyship bonds); General Insurance (property, engineering, cargo, hull, liability, money, burglary, personal accident); and Sharia-compliant insurance, the last of which was divested to PT Asuransi Takaful Umum on December 30, 2025. The company is a member of the Berne Union, AMAN Union, and the OECD Working Group on Export Credit Guarantees, and has provided Rp 12.1 trillion in export protection across 71 destination countries over 2020-2025.

ASEI serves Indonesian non-oil-and-gas exporters, banks and non-bank financial institutions, construction/trade contractors, and SMEs engaged in export activities, with named institutional clients including BPD Papua, Bank Sumsel Babel, PT Perikanan Indonesia, and CV Bhumiagri Nawasena Perkasa. The go-to-market is enterprise-field-sales driven through direct sales at the Jakarta headquarters and branch offices, complemented by banking distribution partnerships, insurance brokers (PANI, Karsa), trade-event participation (Trade Expo Indonesia, BRICS forums), and government ecosystem collaboration with the Ministry of Trade and LPEI (Indonesia Eximbank). Revenue is generated through annual insurance premiums on trade credit, credit/surety, general, and (historically) Sharia products, with customized quote-based pricing tied to transaction value, buyer/country risk profile, and coverage period. The myASEI mobile application provides digital certificate verification and policy management, representing the company's primary consumer-facing technology layer alongside corporate web presence.

In 2025, ASEI recorded Rp 697 billion in written premiums, a 307% year-on-year increase, supported by new vertical expansion into fisheries, agriculture, and sustainable energy insurance (via the October 2025 BASE partnership), and broader broker and banking channel agreements. The Sharia portfolio divestiture signals a strategic refocus on conventional trade and credit insurance as ASEI's core franchise, while the Danantara ecosystem transition embeds the company within Indonesia's broader sovereign financial architecture supporting national export development.

Name

asuransi asei indonesia, pt

Legal name

PT Asuransi Asei Indonesia

Website

https://asei.co.id

Company type

Private

Founded year

1985

Operating status

Operating

Short description

PT Asuransi Asei Indonesia (ASEI) is Indonesia's state-owned Export Credit Agency providing trade credit, surety, and general insurance to Indonesian exporters, banks, and NBFIs. Established in 1985, the company protects non-oil-and-gas exporters against commercial and political risks across 71 destination countries.

Ownership category

akta.pro rank

Product category

Export Credit Insurance

NAICS

Insurance Carriers (5241), Insurance Carriers and Related Activities (524), Direct Insurance (except Life, Health, and Medical) Carriers (52412), Direct Property and Casualty Insurance Carriers (524126)

SIC

Surety Insurance (6351), Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)

akta.pro primary industry

Export Credit Agencies (ECAs) & Trade Finance Institutions (BPADACAF)

akta.pro secondary industry

Trade Finance, Export Credit & Risk Mitigation (BPADAMAG)

Keywords

• Export credit insurance
• Trade credit insurance
• Surety bonds
• General insurance
• Sharia insurance

Headquarters

HQ city

Dki Jakarta

HQ country

Indonesia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Trade Credit Insurance Premiums: Revenue generated from insurance premiums for export credit insurance, domestic trade credit insurance, and related trade insurance products that protect exporters against payment default risks
2. General Insurance Premiums: Premiums from property, engineering, marine, motor vehicle, and other general insurance products including Sharia-compliant variants
3. Surety and Bond Premiums: Revenue from surety bonds and guarantee products supporting trade and construction activities
4. Sharia Insurance Premiums: Takaful-compliant insurance products including motor vehicle, fire, personal accident, and trade insurance following Islamic finance principles

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

PT Asuransi Asei Indonesia (ASEI) is Indonesia's state-owned Export Credit Agency (ECA) providing trade credit insurance that protects Indonesian exporters against commercial and political risks in international trade. The company offers a comprehensive portfolio including Export Credit Insurance (ECI), Domestic Credit Insurance (DCI), Export Bill Insurance, surety bonds, and general insurance products such as property, engineering, cargo, hull, liability, and personal accident coverage, alongside Sharia-compliant insurance variants.

Product overview

PT Asuransi Asei Indonesia (ASEI) is Indonesia's Export Credit Agency (ECA) offering a comprehensive insurance portfolio organized into three main categories: Trade Insurance (including Export Credit Insurance, Domestic Credit Insurance, Export Bill Insurance, and Domestic Credit Insurance Financing), Credit and Surety Insurance (covering consumptive credit and suretyship), and General Insurance (including property, engineering, cargo, hull, liability, money, burglary, personal accident, and specialty coverage). The company also provides Sharia-compliant insurance products including GriyAsei (fire), Autosei (vehicle 4+ wheels), Motosei (motorcycle), and PesonAsei (student accident). ASEI operates as a subsidiary of IndonesiaRe and serves as a key government-backed institution supporting non-oil and gas exports through risk mitigation solutions since 1985.

Differentiator

Problem solved

Functional benefit

Products and services

• Export Credit Insurance (ECI) Insurance that protects Indonesian exporters against non-receipt of payment from foreign buyers due to commercial or political risks.
• Domestic Credit Insurance (DCI) Insurance providing protection against non-receipt of payment from domestic buyers due to commercial or political risks.
• Export Bill Insurance (EBI) Insurance covering export bills financing against payment default risks.
• Domestic Credit Insurance Financing (DCIF) Insurance financing product for domestic trade receivables.
• Credit Insurance and Surety Insurance and surety products covering credit risks and guarantee obligations for banks and financial institutions.
• Consumptive Credit Insurance Insurance protecting against risks arising from consumptive credit lending.
• Suretyship Surety bond product providing guarantees for contractual and commercial obligations.
• General Insurance Comprehensive general insurance products including property, motor, marine, aviation, and liability coverage.
• Property Insurance (Asuransi Harta Benda) Insurance providing compensation for damage or loss of property caused by fire, lightning, explosion, falling aircraft, and smoke, including PSAKI, PAR/IAR, PSAGBI/Earthquake, TAS, and Business Interruption coverage.
• Engineering Insurance (Asuransi Rekayasa) Insurance covering risks during construction or installation including Contractor All Risk (CAR), Erection All Risks (EAR), Electronic Equipment Insurance (EEI), Machinery Breakdown (MB), and Contractor's Plant and Machinery (CPM).
• Cargo Insurance (Asuransi Pengangkutan Barang) Insurance covering damage or loss of goods during transport via land, sea, or air against Institute Cargo Clauses (ICC) A, B, and C risks.
• Hull Insurance (Asuransi Rangka Kapal) Insurance providing protection against damage to ship hull and machinery from sea perils and navigational risks with full or limited terms.
• Liability Insurance (Asuransi Aneka/Tanggung Gugat) Insurance guaranteeing legal liability to third parties for bodily injury and property damage, including Public Liability and Commercial General Liability (CGL).
• Money Insurance (Asuransi Uang) Insurance covering loss of money, gold, and monetary instruments during storage, transit, or caused by employee dishonesty, including Cash in Transit (CIT), Cash in Safe (CIS), Cash in Cashier Box, and Fidelity Guarantee.
• Burglary Insurance (Asuransi Kebongkaran) Insurance covering losses from theft with violent entry, dismantling, and resulting property damage.
• Personal Accident Plus Insurance Insurance covering death, permanent disability, temporary incapacity, treatment costs from accidents, and risk of dismissal.
• GriyAsei (Sharia Fire Insurance) Sharia-compliant fire insurance providing protection against fire, explosion, falling aircraft, lightning, and smoke risks for buildings, machinery, and contents.
• Autosei (Sharia Motor Vehicle Insurance) Sharia-compliant motor vehicle insurance for 4+ wheeled vehicles covering comprehensive and Total Loss Only (TLO) protection against theft, accidents, fire, and third-party liability.
• Motosei (Sharia Motorcycle Insurance) Sharia-compliant motorcycle insurance providing protection against loss and damage to 2-wheeled motor vehicles.
• PesonAsei (Sharia Student Personal Accident Insurance) Sharia-compliant student accident insurance covering death, permanent disability, medical expenses, hospitalization, and funeral costs for students aged 3-65.

Quantifiable outcome

• Rp 697 billion written premiums in 2025, representing 307% year-on-year growth
• +3 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Twelve partnerships are on record, tiered core and minor.

• PT Pialang Asuransi Nasional Indonesia Jaya (PANI)coreChannel Partner/ Reseller/ Distributor · 29 April 2026ASEI signed a cooperation agreement with PANI covering all business lines including trade insurance, general insurance, credit insurance, and surety. The partnership aims to expand market reach, increase market penetration, and provide more comprehensive protection solutions for business players across various sectors.
• Kantor Pelayanan Utama Bea dan Cukai Tipe A Tanjung PriokminorStrategic or Co-development Partner · 29 April 2026ASEI participated in the launch of the Electronic Non-Cash Guarantee Program, signing a joint commitment to support electronic guarantee implementation at Tanjung Priok Customs Office. This partnership supports digital transformation of customs guarantee processes.
• BRICS Forum ParticipantsminorStrategic or Co-development Partner · 27 April 2026ASEI participated in the BRICS forum discussing SME support in global trade, engaging with delegations from Indonesia, India, Brazil, China, Russia, South Africa, UAE, and Iran to share experiences on ECA roles in supporting export-oriented small businesses.
• PT Fisheries Indonesia (Perikanan Indonesia)coreStrategic or Co-development Partner · 10 April 2026ASEI signed a Memorandum of Understanding with PT Fisheries Indonesia and CV Bhumiagri Nawasena Perkasa to provide trade insurance protection for domestic and export transactions. The partnership aims to strengthen payment risk mitigation, increase transaction security, support financing access based on insurance, and enhance trade chain confidence in the fisheries and agricultural sectors.
• Bank Pembangunan Daerah Papua (BPD Papua)coreChannel Partner/ Reseller/ Distributor · 21 January 2026ASEI partnered with BPD Papua focusing on multi-purpose credit insurance development as part of efforts to strengthen a healthy and sustainable financing ecosystem. The partnership provides protection against default risk, enabling BPD Papua to improve credit portfolio quality and strengthen prudent risk management.
• Bank Sumatera Selatan Babel (Bank Sumsel Babel)coreChannel Partner/ Reseller/ Distributor · 12 November 2025ASEI established strategic collaboration with Bank Sumsel Babel for multi-purpose credit insurance, housing mortgage credit (KPR) insurance, and fire insurance. The partnership aims to provide optimal protection against financing and asset risks while creating a healthier, safer, and more competitive financing ecosystem.
• PT Pialang Asuransi KarsaminorChannel Partner/ Reseller/ Distributor · 6 November 2025ASEI partnered with PT Pialang Asuransi Karsa for a Credit Insurance Program supporting Regional Development Bank (BPD) lending to debtors. The collaboration provides optimal protection and creates sustainable benefits for all stakeholders while promoting growth in the financing and insurance sector.
• Kementerian Perdagangan RI (Ministry of Trade)coreStrategic or Co-development Partner · 16 October 2025ASEI collaborates with the Ministry of Trade's Directorate General of National Export Development for export promotion activities including Trade Expo Indonesia and the Bersapa Ekspor program, contributing to national export development objectives.
• Basel Agency For Sustainable Energy (BASE)coreStrategic or Co-development Partner · 10 October 2025ASEI signed an MoU with BASE for Energy Saving Insurance (ESI). The partnership was signed by ASEI CEO Achmad Sudiyar Dalimunthe and BASE President Director Daniel Magallón, witnessed by Hendra Iswahyudi. This represents ASEI's expansion into sustainable energy-related insurance products.
• Berne UnioncoreOthersASEI is a member of the Berne Union, the premier international association of export credit agencies and private credit insurers. Membership provides access to global networking, best practices sharing, and credibility in international trade insurance markets.
• AMAN UnioncoreOthersASEI co-founded and is a member of the AMAN Union, the export credit insurance association for Organization of Islamic Cooperation (OIC) member countries. Membership facilitates cooperation among Islamic countries' export credit agencies.
• Lembaga Pembiayaan Ekspor Indonesia (LPEI/Indonesia Eximbank)coreStrategic or Co-development PartnerASEI works alongside LPEI as part of the government ecosystem supporting national export development. While LPEI focuses on export financing, ASEI provides trade insurance protection. Both institutions function as Indonesia's Export Credit Agency (ECA) system.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Euler Hermes (Allianz Trade): The world's largest trade credit insurer, operating globally under Allianz. Directly comparable to ASEI on export credit insurance underwriting, buyer risk analytics, and Berne Union participation—though at vastly larger scale and broader geographic footprint.
• Coface: Global trade credit insurer offering credit insurance, surety, and business information. Comparable to ASEI on ECI/DCI product lines and international ECA-style underwriting, with established presence in Asia-Pacific.
• Atradius: Major international trade credit insurer providing credit insurance, surety, and debt collection. Directly comparable on export credit and domestic trade credit insurance, and active in Indonesian/Southeast Asian markets.

Direct peers

• PT Indonesia Eximbank (LPEI): Indonesia's official Export Financing Agency and complementary institution to ASEI within the country's ECA system. Closely comparable mandate (supporting non-oil/gas exports), shared Berne Union membership, and frequent joint initiatives with ASEI.
• China Export & Credit Insurance Corporation (SINOSURE): China's state-owned export credit agency providing trade credit insurance, overseas investment insurance, and surety. Closest structural peer to ASEI—government-backed ECA mandate, Berne Union member, and policy-driven underwriting.
• PT Reasuransi Indonesia Utama (Indonesia-Re): ASEI's parent company and Indonesia's national reinsurer. Comparable as a state-owned financial institution within the Danantara ecosystem, with overlapping reinsurance/insurance oversight and shared strategic direction.
• PT Asuransi Kredit Indonesia (Askrindo): Indonesian state-owned insurance company specializing in credit insurance and surety bonds. Directly comparable to ASEI on credit insurance and surety product lines for both banking and corporate clients.
• ECGC Limited (India): India's official Export Credit Guarantee Corporation—government-owned ECA providing export credit insurance and guarantees. Structurally analogous to ASEI as a national ECA serving a large emerging-market exporter base.

Regional players

• PT Asuransi Takaful Umum: Indonesian sharia insurer that just acquired ASEI's Sharia portfolio. Comparable as a domestic Indonesian insurer, and now a relevant counterparty in takaful lines ASEI previously underwrote.

Emerging players

• Mitsui Sumitomo Insurance (MS&AD): Japanese insurer with significant trade credit and surety capabilities through MS&AD's marine/credit lines. Comparable on cross-border trade insurance for Asian supply chains, though broader in scope than ASEI.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/asuransi_asei
• YouTubeyoutube.com/channel/UCsIECiv8z_h880o7VCWdkng
• Facebookfacebook.com/asuransi.asei.3
• LinkedInlinkedin.com/company/pt-asuransi-asei-indonesia
• Instagraminstagram.com/asuransi_asei

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 asuransi asei indonesia, pt