After presenting eminent syariah insurance services and financial management in Indonesia for 14 years, Takaful Indonesia will establish stronger commitment to become the market leader in the industry.
PT Syarikat Takaful Indonesia (the Company) established on February 24, 1994 on the initiative of Establishment Team of Indonesian Takaful Insurance (TEPATI) with strong supports from the Indonesian Moslem Scholars Association (ICMI) through Abdi Bangsa Foundation, Bank Muamalat Indonesia Tbk., PT Asuransi Jiwa Tugu Mandiri, Ministry of Finance of Indonesia, as well as several country’s Moslem entrepreneurs.
The majority shareholding of Takaful Indonesia is currently held by Syarikat Takaful Malaysia Berhad (56.00%) and Islamic Development Bank (26.39%), with the remaining shares owned by Permodalan Nasional Madani (PNM), Bank Muamalat Indonesia, Karya Abdi Bangsa and other parties.
Through the operations of its two subsidiaries namely PT Asuransi Takaful Keluarga and PT Asuransi Takaful Umum, the Company provides the needs of insurance as well as financial management services that conform to the principles of syariah for Indonesian people.
Involving its business in the syariah life insurance, PT Asuransi Takaful Indonesia (commonly abbreviated as Takaful Keluarga) was established on August 4, 1994 but not until August 25, 1994 it began the operation marked by the official inauguration from Mr. Mar’ie Muhammad, Minister of Finance at that time. Later, PT Asuransi Takaful Umum (commonly abbreviated as Takaful Umum) involving its business in the syariah general life insurance was official inaugurated on June 1, 1995 by Prof. Dr. B.J. Habibie, Minister of Research and Technology/Chairman of the Supervisory Board of Technology Development (BPPT) at that time.
The year 2004 played an important role in the company’s history marked by successful merging process of the marketing and corporate support functions at Takaful Keluarga and Takaful Umum in order to create more efficient and effective market penetration. Also in the same year, the Company had operated from its new office, Graha Takaful Indonesia located in Mampang Prapatan, Jakarta. To further strengthen the image, the Company applied comprehensive revitalization strategy towards the corporate identity, including the consolidation of branches all over Indonesia.
To enhance the service quality level and ensure its consistency, the Company obtained two certificates of ISO 9001:2001 on Quality Management System issued by SGS JAS-ANZ, New Zealand for Takaful Umum and similar certification from Det Norske Veritas (DNV), Netherland for Takaful Keluarga in the same year.
Still in the year 2004, Takaful Keluarga received the Indonesian Ullema Council (MUI) Award 2004 as the Best Syariah Insurance in Indonesia, whereas Takaful Umum was rated Excellent from InfoBank Magazine for two consequtive years of 2004 and 2005.
The commitment of Takaful Indonesia to be a leading Syariah insurance provider in IndonesiaIndonesia has also become the first syariah insurance company in Indonesia to be represented in the Million Dollar Round Table (MDRT), the elite club of the world’s top insurance agents, as yet other recognition of the standards professionalism of the Company.
was recognized from the various awards that the Company had received in 2006. Karim Business Consulting awarded The Best Risk Management Islamic General Insurance for Takaful Keluarga, The Best Risk Management General Insurance for Takaful Umum and The Top of Mind Syariah Insurance for Syariat Takaful Indonesia. The Company also received two awards from Investor Magazine as Best Performance Syariah Insurance for Takaful Keluarga and as Pioneer for Syariah General Insurance for Takaful Umum. Takaful