Allianz started its business in Indonesia by opening a representative office in 1981. In 1989, Allianz established PT Asuransi Allianz Utama Indonesia, a general insurance company. Then, Allianz entered the life insurance, health, and pension fund business by establishing PT Asuransi Allianz Life Indonesia in 1996. In 2006, Allianz Utama and Allianz Life started the sharia insurance business. Allianz Health & Corporate Solutions was established in 2014 to serve the health insurance needs of individuals and groups. Allianz Indonesia is supported by more than 1,400 employees and more than 20,000 sales personnel and supported by a network of banking partners and other distribution partners to serve more than 7 million insured in Indonesia.

After 17 years, PT Asuransi Allianz Life Syariah Indonesia officially operates on November 1, 2023, to provide sharia-based life insurance protection and financial risk management.

Allianz Syariah is committed to providing world-class protection that not only protects individuals but also shares goodness with all levels of Indonesian society. We believe that sharing goodness and helping each other is a social responsibility that must be carried out by every individual. By leveraging Allianz’s strong experience, brand, and infrastructure, Allianz Syariah is committed to continuing to innovate in providing sharia products to protect more Indonesian people.

1. Allianz Indonesia (General Purpose & Strategy)
Aligned with the global Renewal Agenda, Allianz Indonesia aims for strong performance in three pillars growth, quality, and experience.

Growth.
Targeting double digit growth and expanding customer base.

Quality.
Optimizing their mix of products, investments, and distribution for value.

Experience.
Enhancing processes and systems for better customer, distributor, and employee journeys.

2. Allianz Life Indonesia (Life and Unit Linked Investments).
The investment portfolio is carefully calibrated between stable instruments and higher return assets. Allianz maintains a diversified investment across asset types and risk classes aiming to stabilize returns even during market dislocations.