OJK Grants Business License to PT Utama Nilai Sentosa Adjuster Following Name Change

Regulatory Approval for Name Change

The Financial Services Authority (OJK) has officially granted a business license to PT Utama Nilai Sentosa Adjuster following its corporate name change from PT Utama Nilai Sentosa. This decision was formalized through the OJK Commissioner Board Members' Decree No. KEP-679/PD.02/2025 dated December 17, 2025, as published on the OJK's official website on December 29, 2025.

Business Continuity and Regulatory Compliance

The license allows PT Utama Nilai Sentosa Adjuster to continue operating as an insurance loss assessor in Indonesia. This regulatory approval is crucial for maintaining continuity in the company's operations within the financial services sector. The OJK's decision demonstrates its oversight in ensuring that all financial services companies comply with regulatory requirements, including those related to corporate name changes.

Implications for the Insurance Sector

This development highlights the OJK's role in regulating and supervising the insurance industry in Indonesia. By granting the license, the OJK ensures that PT Utama Nilai Sentosa Adjuster remains compliant with industry standards and regulations. This regulatory action contributes to maintaining stability and trust in Indonesia's financial services market.