Askrindo Strengthens Risk Management in Downstream Oil and Gas Sector

Strategic Partnership for Enhanced Risk Literacy

PT Asuransi Kredit Indonesia (Askrindo) has partnered with Koperasi Pengusaha Nasional Minyak dan Gas Bumi (KOPANA MIGAS) to improve risk understanding among downstream oil and gas operators. The collaboration, initiated in Bandung, targets fuel station (SPBU) and fuel depot (SPBE) managers through comprehensive insurance education.

Comprehensive Risk Management Solutions

Askrindo is offering tailored insurance solutions to address specific risks in the downstream oil and gas sector, including:

1. Property All Risk (PAR) insurance covering physical asset damage
2. Earthquake Insurance (PSAGBI) for seismic risk mitigation
3. Liability insurance protecting against third-party claims
4. Money Insurance safeguarding cash transactions

Enhancing Business Continuity

The partnership aims to shift the perception of insurance from being merely a cost to becoming a critical business protection investment. Askrindo's Director of Business, Budhi Novianto, emphasized that understanding insurance products and claims processes helps businesses operate with greater confidence and focus on development.

Industry Impact

This collaboration is expected to strengthen the bargaining position of fuel station and depot operators while providing integrated risk management solutions. The partnership also positions KOPANA MIGAS as a potential single coordination point for insurance management and claims settlement for its members, aligning with Askrindo's commitment to expanding insurance literacy across strategic national sectors.