Tuesday, 3 May 2011

PT. ASURANSI MSIG INDONESIA (formerly known as PT. Asuransi Mitsui Sumitomo Indonesia) is a joint-venture company between Mitsui Sumitomo Insurance Co


PT. ASURANSI MSIG INDONESIA (formerly known as PT. Asuransi Mitsui Sumitomo Indonesia) is a joint-venture company between Mitsui Sumitomo Insurance Company Limited (established in Japan) and Mr. Rudy Wanandi
The history of the company started with the establishment of PT. Asuransi Insindo Taisho. Set up on 22 October 1975, PT. Asuransi Insindo Taisho has been in operation since 1 April 1976 At that� time ,� the statutory� capital� was
Rp.750 million. Seventy% of the shares was owned by Taisho Marine and Fire Insurance Co., Ltd,. while the remaining 30% was owned by PT. Maskapai Asuransi Indonesia.
On 1 April 1996, the Company name was changed to PT. Asuransi Mitsui Marine Indonesia, following its holding company name change from Taisho Marine and Fire Insurance Co., Ltd. to Mitsui Marine and Fire Insurance., Ltd.
As of 21 December 2001, the shareholding of PT. Asuransi Mitsui Marine Indonesia changed to 80% to the Japanese owners, and 20% Indonesian.
Since 1 April 2003, the Company name was changed from PT. Asuransi Mitsui Marine Indonesia to PT. ASURANSI MITSUI SUMITOMO INDONESIA. This followed its holding company name, and also by the transfer of the business portfolio of PT. Asuransi Sumitomo Marine and Pool to PT. Asuransi Mitsui Marine Indonesia.
On 30 June 2007, following the acquisition of AVIVA Group's general Insurance business in Asia by Mitsui Sumitomo Insurance Co, Ltd. Japan, PT. Asuransi Mitsui Sumitomo Indonesia received the transfer of the business portfolio of PT. AVIVA Insurance.
Under a strong and dynamic management, PT. ASURANSI MSIG INDONESIA has enjoyed good developments from year to year. Annual Production has been increasing steadily and the position of the Company in Indonesia insurance market is also improving.
Additionally, to enhance our services and deepen the relationship with our customers, we have established 4 Branch Offices and 4 Representative Offices. They are:

1. Surabaya Branch, since 24 June 1992.
2. Medan Branch, since 24 June 1992.
3. Bandung Branch, since 27 October 1992.
4. Batam Branch, since 24 February 1995.
5. Semarang Representative, since 1 April 2003.
6. Denpasar Representative, since 1 July 2004.
7. Palembang Representative, since 1 March 2005.
8. Bekasi Representative, since 1 April 2006.

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