Gearing up for the evolving Indonesia market in 2014
Source: Asia Insurance Review | Feb 2014
Indonesia's insurance industry is transforming, from the implementation of Social Security Administrative Bodies (BPJS) with healthcare as one of its focus, evolution in the regulatory structure with the establishment of the Financial Services Authority (OJK), to the rise of the middle class with higher levels of consumption and new buying habits. Ms Handayani of AXA Mandiri tells us that they are gearing up to face these changes by focusing on growing alternative distribution channels and educating customers on the importance of insurance protection.
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