Swiss Re and Indonesia Re partners to enhance digital accessibility in Indonesia

More than 70 reinsurers will benefit from this collaboration.

Swiss Re has partnered with Indonesia Re, administrator of the National Insurance Data Centre Management Agency (BPPDAN), to provide members with access to its analytics solutions and risk consulting services.

The collaboration aims to act as a catalyst for digital transformation in Indonesia's insurance industry.

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With more than 70 re/insurers as its members, BPPDAN enables fair and sustainable property insurance pricing by collecting accurate insurance information. The partnership involves the development of a market dashboard for BPPDAN to offer its members premium and claims insights at a market and company level.

The partnership between Swiss Re and Indonesia Re will also support the underwriting decisions of BPPDAN members, as well as their strategic planning for risk management and pricing, taking into account major loss drivers.

"Heightened risk awareness in Indonesia is fueling more demand for insurance protection. To remain competitive in a dynamic risk environment, enhancing underwriting performance and portfolio steering are key differentiators for insurance organisations. Our P&C analytics solutions can support our clients in this process, by consolidating relevant data and translating this into actionable insights in a timely manner,” Monami Mukherjee, Head P&C Analytics APAC at Swiss Re said.

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