Strengthening Insurance Services, Bank Jatim Collaborates with BRI Insurance
Date: 02 september 2024Categories :
SURABAYA, September 2, 2024. PT Bank Pembangunan Daerah Jawa Timur Tbk (bankjatim) has signed a cooperation agreement with PT BRI Asuransi Indonesia (BRI Insurance) for insurance products and services (bancassurance). The agreement covers Motor Vehicle Insurance Products under the Reference Business Model for Bank Products, and Fire Insurance Products under the Reference Business Model for Bank Products. The signing took place at the BRI Insurance office in Jakarta and was carried out by bankjatim’s Director of Operations Arif Suhirman and BRI Insurance CEO Budi Legowo on Monday (2/9). Also present at the signing was BRI Insurance CBO Recky Plangiten.
Arif explained that bankjatim hopes this collaboration will generate positive outcomes for both parties in the future. He stated that the products and services offered by BRI Insurance (BRINS) are highly suitable for bankjatim’s business interests. Furthermore, such collaborations are part of BJTM’s commitment to internal transformation aimed at enhancing customer comfort.
“We believe that today’s dynamic market conditions require companies, including bankjatim, to continuously transform and innovate. One way to achieve that is through business collaboration or expansion, so that bankjatim can continue to grow and become more widely recognized across Indonesia,” he said.
Arif further noted that this partnership is also part of bankjatim’s long-term strategy to enhance competitiveness in the motor vehicle financing sector. BJTM sees great potential in the automotive sector, especially with the increasing public interest in motor vehicles. Through collaboration with BRINS, bankjatim is optimistic about delivering innovative financing products that meet market needs. “We express our deepest gratitude to BRI Insurance for this optimal and professional partnership. We hope this synergy will not only increase our credit portfolio but also provide more affordable and flexible financing solutions for the broader community,” he added.
Budi Legowo also stated that the cooperation represents BRI Insurance’s commitment to expanding its business by entering the East Java market. “We believe bankjatim is the right partner to build a business collaboration with, and thus it has become our priority,” he said.
He added that through this bancassurance collaboration, BRI Insurance will continue to optimize its services to customers—from the policy issuance process to claims—which can now be done online via the BRINS Mobile app, ensuring a more convenient and secure insurance experience.
“This collaboration reflects our commitment to being a trusted and reliable partner in providing protection solutions for the people of Indonesia, in line with our vision: The Most Trusted Partner for Reliable Protection,” Budi affirmed.
PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk
Jl. Basuki Rahmat 98-104 Surabaya
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T : (031) 5310090-99 ext 471
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