ABOUT US

Inare was established in 2020 with the corporate name of PT Indoperkasa Suksesjaya Reasuransi. INARE’s operating license was granted based on the Decree of the Board of Commissioners of the Financial Services Authority (OJK) Number KEP-7/D.05/2022 dated 17 January 2022, concerning the Granting of Business Licenses in the Reinsurance Sector to PT Indoperkasa Suksesjaya Reasuransi.

Inare operates as an integrated team. With strong capital, professionals with extensive local insurance market knowledge in Indonesia, and utilizing the latest technology, Inare provides reinsurance and support services to match our partner’s needs.

Inare is committed to delivering measurable value to our partners and looks forward to having long-term and successful partnerships.

VISION

To be a leading technology-based reinsurance company to support insurance businesses in Indonesia.

MISSION

Commit to providing integrated technology-based solutions and big data to our stakeholders to drive effectiveness and efficiency to support national retention.

VALUES

  • Youthful
  • Tech Savvy
  • Innovative
  • Trustworthy
  • Reliable

INARE ORGANIZATIONAL STRUCTURE

organization structure 2 new

CORPORATE GOVERNANCE

1. SUMMARY OF GOOD CORPORATE GOVERNANCE

PT Indoperkasa Suksesjaya Reasuransi (Inare) understands that the existence of Good Corporate Governance (GCG) in controlling the continuity of the Company’s business in the future is very important because its implementation policy is directly related to the implementation of elements of compliance with laws and regulations (compliance) and propriety of value ethics (conformance) as a basic foundation to strengthen the company’s position in the midst of increasingly competitive industry competition.

Inare believes that the implementation of good Corporate Governance as a process and infrastructure that is used not only to improve performance in achieving the vision, mission, and goals of the Company as well as Corporate accountability, but of course will provide protection of rights to all Stakeholders, eliminating various forms of inefficiency practices and other irregularities in order to create long-term shareholder value based on laws and ethical values.
Inare pays attention to the quality of the implementation of Corporate Governance which is based on the applicable provisions and relates it to the best practices of implementing Corporate Governance (best practices).

2. PRINCIPLES OF CORPORATE GOVERNANCE

  • Transparency

    Transparency in carrying out the decision-making process and disclosing material and relevant information about the Company.

  • Accountability

    Clarity of functions, implementation, and accountability from organs to each Inare work unit.

  • Responsibility

    Conformity of Inare management with applicable laws and regulations as well as policies and procedures.

  • Independency

    Professional management that is free from conflict of interest or pressure and influence from other parties.

  • Fairness

    Justice and equality in fulfilling the rights of Stakeholders.

3. COMPANY COMMITTEES

  1. Committees supporting the duties of the Board of Commissioners:

    • Audit Committee

      Serves and is responsible as a facilitator for the Board of Commissioners to ensure that the company’s internal control system is running well; and the implementation of internal and external audits has been carried out in accordance with applicable audit standards and management has carried out follow-up actions on audit findings.

    • Risk Monitoring Committee

      Serves and is responsible as a facilitator for the Board of Commissioners in reviewing risk management prepared by the Board of Directors and the Risk Management Committee and assessing the risk tolerance that is acceptable to the company.

    • Remuneration and Nomination Committee

      Serves and is responsible as a facilitator for the Board of Commissioners in assisting Shareholders to determine criteria and select candidates for members of the Board of Commissioners and Directors as well as the remuneration system to be determined by the company.

  2. Committees supporting the duties of Members of the Board of Directors:

    • Risk Management Committee

      Has the duty and responsibility to formulate to the Board of Directors to establish, review, and improve the policies and methodologies used in measuring and managing company risks.

    • Investment Committee

      Has the duty and responsibility of formulating the company’s investment policy and monitoring the implementation of the investment carried out by the company.

    • Information and Technology Steering Committee

      Charged and responsible for overseeing the latest information technology developments in line with the Company’s business activities, as well as formulating related information technology policies and procedures. The Information and Technology Steering Committee is also responsible for ensuring that information technology projects are implemented effectively, efficiently and on time in accordance with the established development plan.

In addition, Inare ensures that the supporting factors for the Company’s success are implemented in implementing Good Corporate Governance, among others by:

  1. Commitment from the Board of Commissioners and Board of Directors based on good faith to implement (GCG) in a systematic, consistent and sustainable manner;
  2. The implementation of the duties and responsibilities of all levels of the Company refers to the established code of conduct;
  3. The socialization program for implementing GCG guidelines is carried out to internal and external parties of the Company with the hope that the socialization will foster an understanding of GCG as well as awareness and the need to apply GCG consistently; and
  4. Evaluation of GCG implementation periodically and continuously with GCG self-assessment so that the implementation of Corporate Governance practices can be measured and seeks to realize the areas of improvement needed in the implementation of Corporate Governance.