- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Jakarta Indonesia
- IPO Date
- Jan 8, 2025
- Business
- PT Asuransi Digital Bersama Tbk is an Indonesia-based general insurance provider that provides technology-driven non-life insurance underwriting, digital micro-insurance solutions, and risk management services for individual, commercial, and enterprise clients. The company offers a comprehensive portfolio of insurance products structured across multiple core lines, including motor vehicle insurance, comprising comprehensive and total loss only (TLO) protection for private automobiles, commercial fleets, and motorcycles; property and fire insurance, covering residential dwellings, commercial buildings, industrial all risks, business interruption, and catastrophe perils; marine cargo and transit insurance, offering domestic and international freight coverage, transit liability, and logistics loss indemnity; personal accident and health insurance, providing individual and group accidental death, disability, hospitalization, and emergency medical expense benefits; liability insurance, encompassing public liability, employer liability, product liability, and directors and officers (D&O) liability; engineering insurance, including contractors all risks (CAR), erection all risks (EAR), and electronic equipment coverage; and embedded digital micro-insurance products, featuring e-commerce purchase protection, delivery loss insurance, gadget and screen damage coverage, ticket cancellation protection, and travel delay benefits. The company distributes its underwriting solutions across Indonesia through direct web and mobile channels, corporate agency networks, insurance brokerage partnerships, multi-finance institutions, and business-to-business-to-consumer (B2B2C) application programming interface (API) integrations with digital platforms and fintech ecosystems. In recent developments, the company completed its initial public offering (IPO) on the Indonesia Stock Exchange under the ticker symbol YOII to strengthen risk-based capital adequacy reserves, fund digital infrastructure upgrades, and scale automated underwriting capabilities. The company also expanded its strategic distribution network by forming integration alliances with major e-commerce marketplaces, digital payment gateways, and peer-to-peer lending platforms to deploy automated micro-insurance and instant claim settlement services. In addition, the organization completed a comprehensive digital transformation and rebranding initiative, upgrading its core core-insurance software to support real-time policy issuance and automated data analytics. Originally established in 1978 and restructured to focus on digital insurance ecosystems, PT Asuransi Digital Bersama Tbk is headquartered in Jakarta, Indonesia.