Victor Sandjaja, CEO Allianz Utama Indonesia; Christoph Lauterwasser, Managing Director Allianz Center for Technology (AZT); Jens Reisch, CEO Allianz Life Indonesia at press conference of Allianz F1 Road Safety in Jakarta, February 26, 2008.
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> Kompas, Motor vehicle insurance customer is increasing
Motor vehicle insurances customer is increasing along with the number of crash. Traffic is becoming very hectic in this day which increases the risk in the road. Most of the car owner has insurance for the anticipation. But in Indonesia, the awareness of having car insurance is lower than Singapore because some of the car owner can’t feel the urgency to have insurance. In 2007, Allianz Utama reached 46,300 for motor vehicle insurance policy. It was 34% higher than previous year. To increase the awareness about safety driving, Allianz held Safety Driving Coaching Clinics and it was highly supported by Allianz Center for Technology. Managing Director of AZT, Christoph Lauterwasser explained that AZT underwent crash test every week which was dedicated to the safety driving. Victor also added that those result from the test was not only for increasing the awareness about safety driving but also creating advantages in term of decreasing number of premium paid by Allianz.
> Bisnis Indonesia, Allianz CSR Program was expected to affect
the income premium
Due to the increasing number of motor crash every year, Allianz was encouraged to create more awareness about safety driving. More than 80% claim in motor vehicle insurances because of crash. Though it was only as CSR program but Allianz expected that this program would be influenced to declining of claim number and also premium tariff. In 2007, 29% from total premium was recorded from motor vehicle insurances. It was estimated that in 2008 the trend would still increasing. With this trend then Allianz Utama seeked that it was important to increase awareness about safety driving. Another reason for claiming was flood issue. In earlier this year, Allianz received claim from motors insurance about IDR 1,1 billion.
> Investor Daily Indonesia, Allianz car claims reached IDR 1,1 billion
PT Asuransi Allianz Utama Indonesia booked total motor claims due to flood in early February IDR 1,1 billion. Those claims came from 120 units motor vehicle. This number was lower than 2007. In Feb 2007, Allianz paid around IDR 14 billion for 854 units motor vehicle. Up to September 2007, total claim paid reached IDR 158 billion. Most of the claim was because of flood for motor vehicle insurances and properties. Last year, this sector contributed 29% from total GWP. Motor vehicle insurance is always be one of the main generator for premium. Along 2007, Allianz had sold more than 46,000 insurance policy for motor vehicle or grew 34% compared to previous year. This number (46,000) was 43% from total of the policy. Considering this growth, Allianz will improve motor vehicle insurance business portfolio. Related to implementation of PMK NO 74/2007, it nearly affected the company especially for corporate individual client.
> Seputar Indonesia, Number of Allianz motor vehicle policies
grew by 34%
Allianz Utama achieved more than 46,300 for motor vehicle insurance or grew by 34%. CEO Allianz Utama, Victor Sandjaja explained that motor vehicle insurance are the major contribution for our premium income. Almost 29% from total IDR 674 billion last year came from motor vehicle insurance. In responding the growth of motor vehicle on the road, Allianz Utama noticed the importance of increasing safety driving awareness.
> Kontan, The increasing number of Allianz insurance claiming
Number of Allianz insurance claiming increased with motor vehicle insurance as the major contribution. CEO of Allianz Utama said that throughout year 2007, total claim paid reached IDR 350 billion. 92% of it came from motor vehicle insurance. On the other hand, Insurance premium income in 2007 booked IDr 674 billion. 39,2 % came from property insurances, 29% from motor vehicle insurances, others came from engineering construction insurances, marine cargo. To boost premium income this year, Allianz Utama will do side by side with Allianz Life for providing life insurance product.