In 1975, IBS Group was the first licensed insurance broker established in Indonesia. From those early beginnings we have continued to expand and evolve our service capability to become the country’s only truly integrated risk services provider. IBS Group delivers a complete profile of insurance and risk management services needed by major corporations, small and medium-sized enterprises and individual customers through our wholly-owned subsidiary companies.
The keystone of IBS Group’s service capability is our structured diversity. In order to meet the growing needs of our corporate and private customers, IBS Group has developed an integrated group of operating companies to deliver a complete range of insurance and risk solutions to the highest international standards.
- Risk services
IBS Insurance Broking Service is Indonesia’s leading risk services company, providing competitive and comprehensive insurance programs tailored to protect a client base spread across Indonesia’s broad-based economy and delivered through experienced service teams established in specific industry sectors: Real Estate, Banking and Financial Services, Forestry and Agriculture, Manufacturing, Energy, Marine, Construction, Equipment and Motor.
- Reinsurance services
IBS Re Indonesia was formed in 1992 and IBS Re Singapore in 2004 as value-added and high quality reinsurance resources servicing the IBS Group customer base and including a large number of Indonesian domestic and joint-venture insurers. IBS Re ensures direct access to all major global and regional reinsurance centers and generates a large volume of Indonesian reinsurance premium placed into these markets.
- Risk management services
IBS Risk Management services company was established in 1985 to provide multi-disciplined strategies in the identification, assessment, control, mitigation and transfer of risk. On a daily basis we help business managers develop risk management programs which act as a practical yet fundamental component of their risk protection strategy. Insurance programs are tailored around our clients’ risk management platform to provide protection of physical, financial, legal and operational risks.
IBS Group seamlessly links and delivers our multi-disciplined services through continued innovation within our Technology division. In constant collaboration with service teams from Group companies, IBS Technology, staffed with 8 trained and qualified IT specialists, develops tailored software systems delivered through the internet for the exclusive use of our clients. Our branded products, CargoGuard, ClaimsLink and FleetGuard, provide our clients with 24-hour access to insurance portfolio, claims and risk management information systems. We will continue to innovate in response to our clients’ ever-changing technology requirements.