INDONESIA, 2 July 2018 – Chubb announced today the launch of its Elite Medical Malpractice Insurance in Indonesia, a comprehensive suite of customised solutions that caters to the specific needs of individual healthcare practitioners and medical establishments.
Key highlights* of Chubb’s Elite Medical Malpractice Insurance include:
According to Tai-Kuan Ly, Chubb’s Country President for Indonesia, “We are the leading international carrier of medical malpractice insurance in Indonesia. We believe the local policy wordings, which has received approval from Indonesia’s regulator - Otoritas Jasa Keuangan (OJK), will better address the needs of our insureds. The launch of our Elite Medical Malpractice Insurance is timely given the impending roll-out of Universal Healthcare Coverage (UHC) plan and the associated integration of several state-run health insurance schemes. We also see prospects to grow our Elite Medical Malpractice Insurance portfolio with the anticipated expansion in hospital-building in both the private and public sectors.”
Kamal Hamzah, Chubb’s Medical Malpractice Underwriting Manager for Asia Pacific added, “We are very proud to be the first authorised carrier to provide medical malpractice insurance for Indonesia. We have a deep understanding of the healthcare industry and an appreciation of its associated risks. With over 20 years of industry experience, it puts us in good stead to be an integral part of Indonesia’s healthcare sector now, and in the future. We are committed to working with our valued partners to advise and inform the healthcare community about the merits of seeking best-in-class insurance coverage to safeguard their professional and reputational standing.”
For more information about Chubb’s Elite Medical Malpractice Insurance, please watch the video here.
*Product highlights provided here are merely a general information of an insurance product that PT Chubb General Insurance Indonesia could cover. For the coverage that you have and exclusions towards your coverage please read and refer further to your insurance policy.
***
About Chubb in Indonesia
With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide.
Chubb in Indonesia has three insurance operations: general insurance, life insurance and sharia general insurance. Its general insurance operation (PT Chubb General Insurance Indonesia) provides a comprehensive range of general insurance solutions for large corporates, small and medium-sized businesses, as well as individuals. With a network of 26 locations, the company offers its products and services through a multitude of distribution channels, including banks, multi-finance companies, brokers and agents.
More information can be found at www.chubb.com/id