Here at Asuransi Jasa Raharja in Denpasar. It stands as a crucial part of Indonesia’s social safety net. Jasa Raharja provides essential protection to the public. It focuses specifically on helping victims of traffic accidents.
PT Asuransi Kerugian Jasa Raharja began its journey on January 1 1961. This was when the government nationalized several insurance companies. In 1960, firms like Blom & Van Der Aa and Sluyters & Co were merged. These mergers formed the basis of what would become Jasa Raharja.
Initially, four companies merged to form PN Asuransi Kerugian Eka Karya in 1961. By 1965 it was renamed PN Asuransi Kerugian Jasa Raharja. This name change marked a significant step in its evolution.
In 1965, the Ministry of Finance tasked Jasa Raharja with managing specific funds. These funds covered mandatory passenger accident compensation. They also handled road traffic accident funds. By 1970, the company became a public corporation. This shift allowed it to expand its services.
Jasa Raharja pioneered surety bonds in Indonesia starting in 1978. It later offered non-mandatory insurance. These included personal accident and travel accident policies. A further change occurred in 1980 when it became a limited company.
A key regulation in 1992 restricted Jasa Raharja to social insurance only. As a result, its surety bond and non-mandatory insurance businesses were spun off. They became Asuransi Jasaraharja Putera.
In 2020, the government transferred majority ownership to Indonesia Financial Group. This was part of a broader effort. The effort aimed to consolidate state-owned enterprises in insurance and guarantee sectors.
Jasa Raharja operates with a clear vision. It aims to be a trusted company. It seeks to provide basic accident protection with the best service. Its mission involves integrated digital protection. This protection is supported by excellent human capital. It strengthens stakeholder engagement.
The core of Jasa Raharja’s business is administering passenger accident insurance. This is based on Law No 33 of 1964. It also manages legal liability insurance for third parties. This is under Law No 34 of 1964. These laws form the foundation of its social insurance role.
The company also enters into vehicle insurance agreements. It manages legal liability for third parties in traffic accidents. Investment activities are also part of its operations. These activities comply with regulations.
Jasa Raharja’s commitment extends beyond financial assistance. The company actively promotes road safety. It works with the police and other stakeholders. This collaboration aims to reduce traffic accidents. It also fosters a culture of safe driving.
Asuransi Jasa Raharja received The Best GRC Overall Award in 2022. This recognized its corporate governance and performance. This award underscores its dedication to excellence. It highlights its role in Indonesia’s insurance landscape.
Here at the Denpasar office Jasa Raharja continues its important mission. It offers protection and support to those affected by traffic accidents. Its history reflects a commitment to public welfare. Its future is focused on innovation and service excellence.