Business Overview & Role of IBS Group

Business Overview

  • Holistic Risk Services
    Delivering specialist expertise through dedicated service vehicles: Risk Services, Risk Management, Reinsurance and Technology.
  • Proven Competence and Experience
    The first and leading integrated risk services company in Indonesia since 1975 serving a broad client base including individuals, SME and major corporations across all segments of industry.
  • On the Ground Resource and Expertise
    With our personnel based in Jakarta and Singapore, our customers know that we will serve all their insurance needs when and wherever they need it.
  • Global Reach
    Providing risk services to our local and regional customer for many years placing their insurance risk into local, regional and international markets .Trading with the major international insurance entities in Asia Pacific and worldwide and ensuring direct access to major reinsurance markets through IBS Re in Indonesia and Singapore.
  • Claims Management
    The largest broking Claims Management team in Indonesia with highly experienced and qualified staff. Managing over 1000 claims per annum valued is excess of US$ 40 million. Providing management information on loss statistics, trends and claims ratios.
  • Leading Technology
    Market leader in the development of online insurance IT solutions and Management Information Systems for our customers: CargoGuard, ClaimsLink, FleetGuard, PolicyLink, ShipManager, Asset Manager, Staff Location, Credit Manager, Multicars, Heavy Equipment Manager.
  • Professionalism and international best practice
    Staffed with professional brokers who are customer focused and uphold the principles of integrity and good business ethics.

Role of IBS Group

Identify, analyze, and quantify the threat and cost of risk to our clients.

Understand our clients needs related to physical, operational, legal and financial risks and provide insurance related or alternative risk transfer solutions to those identified risk areas.

Design tailored insurance programmes and policy wordings to adequately meet the risk profile of our clients.

Understand insurance markets globally to identify and utilize individual strengths of insurance companies and markets to add-value to our customers’ needs.

Leverage our unique market strength to provide the most cost effective insurance terms available from insurers and re insurers with acceptable financial security.

Provide innovation in the range of insurance products and services available to our clients.

Integrate the various services provided by our wholly owned risk management and reinsurance broking subsidiaries to provide truly holistic risk and insurance services.