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View all search resultsAsuransi Bintang enjoys strong premium performance
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Asuransi Bintang president director Hastanto Sri Margi Widodo, flanked by sales director Reniwati Darmakusumah and finance director Jenry Cardo Manurung, talks to reporters after an extraordinary shareholders' meeting at CIMB Niaga Tower in Jakarta on Friday. (JP/Anton Hermansyah)
G
eneral insurance company Asuransi Bintang booked Rp 160.03 billion (US$12.11 million) of gross premium income in the first half of the year, 14.48 percent growth compared to the same period last year, on the back of a new strategy.
"We gradually changed our strategy. Now we are looking for partners for more business-to-business deals," president director Hastanto Sri Margi Widodo said during an extraordinary shareholders’ meeting in Jakarta on Friday.
"We are currently in talks with some banks and multifinance firms. Hopefully, we can close deals with two new partners by year-end," Hastanto said.
Currently the company has 20 bank partners and five multifinance partners, as well as others including IT and construction companies.
Hastanto, who was previously an IT director at shipping company Samudera Indonesia, received approval to become the company’s president director during the meeting. Both Asuransi Bintang and Samudera Indonesia were founded by businessman Soedarpo Sastrosatomo, who was also the founder of Bank Niaga (now CIMB Niaga). (dmr)
