PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk is an Indonesia-based life insurance company specializing in sharia-compliant insurance products. Founded in 2014 and headquartered in Jakarta Selatan, it operates as a subsidiary of Kospin Jasa. The company offers a comprehensive range of products including individual life insurance, health insurance, term insurance, combined dual purpose insurance, personal accident insurance, group life and health insurance, as well as sharia-based financing insurance solutions. Key individual products encompass JMA Ammar (individual life insurance), JMA Ikhsania (life insurance), JMA Aghnia (investment-linked insurance), and JMA Asyifa (individual health insurance). Additionally, it provides insurance products designed for education, personal safety, health, and micro-business markets.
In the last 1-2 years, PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk has implemented significant operational changes including the lifting of trading suspension in September 2024, reflecting strengthened corporate governance and market confidence. The company recently launched the JMA Ikhsania product, a sharia-compliant life insurance program aimed at future protection, demonstrating ongoing product innovation aligned with Islamic finance principles. It also received notable recognition as one of the best overall sharia life insurance providers in Indonesia, reinforcing its market position. The firm continues to focus on expanding its client base by targeting group and individual policyholders within Indonesia, leveraging its expertise in sharia insurance and financial management solutions.
The company operates primarily within the Indonesian market, serving a broad customer base from individual policyholders to groups such as employees covered under collective insurance schemes. Headquartered at Graha Kospin Jasa in South Jakarta, PT Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk integrates sharia principles into all its insurance products, ensuring compliance with Islamic law, which is central to its business model and competitive advantage in Indonesia’s growing Islamic financial services sector. Recent earnings reports indicate performance improvement, supported by a strategic focus on innovation and customer-centric offerings in its core insurance and financing segments.