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Jakarta Post

Insurance in brief: FWD Life Indonesia invests in technology

  • The Jakarta Post

    The Jakarta Post

  /   Wed, February 26, 2014   /  12:34 pm

JAKARTA: PT Finansial Wiratrata Danadyaksa (FWD) Indonesia or FWD Life Indonesia is aiming to be one of the 10 largest insurance companies in Indonesia, with a targeted number of agents reaching 1,200 by the end of 2014.

 To achieve the target, the company has adopted a technology-based concept, especially when it comes to getting premiums from Indonesian customers.  

 In the first year of operation, the company'€™s capital investment reached hundreds of billions of rupiah.

  He said the majority of capital would be earmarked for the development of technology to support its efforts to reach an expected target of 30 percent per year, reported.

 The company'€™s chief marketing officer, Adi Chandra, says part of the capital has been allocated to equip agents with tablets.  

 '€œOn the first day [of operation], our agents used a tablet and with the technology-supporting process,'€ he added.

 He said the company had targeted to have 1,200 agents by the end of 2014.

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