About Aon in Indonesia
Established in 1992, Aon Indonesia currently employs over 70 professionals in Jakarta, Surabaya and Bandung. Our ability to deliver solutions for complex risk-management challenges has propelled us to the forefront of the industry in Indonesia and fueled our dynamic growth.
Noteworthy facts about the Indonesian insurance market:
- Insurance tariffs are on an advisory basis only
- Non-Admitted insurance is prohibited
- Insurance is compulsory for Workmen's Compensation in all companies and for Professional Indemnity in certain professions
- Reinsurance
- some mandatory cessions
- fronting costs of approximately 5% - 10%