IBS Heavy Equipment Group is specialist unit servicing the unique insurance and risk management needs of major plant and equipment operators in the mining, forestry and construction industries in Indonesia. We also work alongside some of the country’s largest motor fleet owners and operators providing tailored insurance coverage and advice on preventive maintenance programs, service standards, warranty management, plant testing and component replacement regimes in order to minimize the overall cost of financing risk in line with clients’ defined cost control strategies.
We design insurance solutions aligned to financing options for leasing, hire purchase and plant rental providing innovative premium calculation structures such as burning cost, profit share or managed fund facilities, allied to specific risk management strategies as a competitive alternative to traditional risk transfer.
IBS Equipment provides IT-based solutions in the control and management of key fleet statistical information through FleetGuard and HeavyEquipmentManager which are our interned-based management information systems.