JAKARTA - PT Asuransi Tugu Pratama Indonesia Tbk (TUGU) has signed a bancassurance cooperation for T Ride Motor Vehicle Insurance (Two Wheels) and T Drive (Four Wheels) Motor Vehicle Insurance with PT Bank Pembangunan Daerah Jawa Barat and Banten Tbk (BJBR).
This signing is an expansion of the bancassurance cooperation for T Ride (Two Wheel) Motor Vehicle Insurance Products and T Drive (Four Wheels) Motor Vehicle Insurance with marketing distribution channels through banks (16/9).
"We hope that this strategic partnership on the bancassurance line can be a strong collaboration and provide many benefits for customers and of course we are optimistic that this can be a positive start to push the company's strategic business plan as the first step for a sustainable long term," explained Ery Widiatmoko as the Marketing Director of Tugu Insurance Insurance.
Quoted from the bankbjb.co.id page, Bank bjb managed to record a brilliant performance by achieving a profit of Rp1.49 trillion in the second quarter of 2022. Total assets of bank bjb grew 14.6% to Rp172.4 trillion or above the growth of BPD which was 11.7%. and even better than the national banking growth of 9.2%.
Meanwhile, Tugu Insurance recorded a Gross Premium Income (consolidated) of Rp. 3.53 Trillion in Semester I/2022, dominated by premiums from Class of Business (CoB) Fire & Property of Rp1.35 Trillion, Offshore of Rp467.68 Billion and Motorcycles. Vehicles amounted to Rp 200.76 billion, an increase of 13% when compared to the same period in the previous year, which was Rp177.73 billion. (LM)