OJK Committed to Promote Insurance Industry

Eko Nordiansyah    •    17 Oktober 2016 20:06 WIB
finance and money
OJK Committed to Promote Insurance Industry
Illustration (Photo: Antara/Fanny Octavianus)

Metrotvnews.com, Jakarta: National insurance industry will hold Insurance Day 2016 on Tuesday (10/18).

The event is intended to promote insurance industry as the awareness among the public about the industry is still very low.

Financial Services Authority (OJK) non-bank financial institutions deputy commissioner Edy Setiadi said only 11.81 percent of the population use insurance products.

"The market potential is still around 88.19 percent," said Edy during a press conference regarding Insurance Day 2016 in Jakarta on Monday (10/17).

He stated OJK is committed to help promote insurance industry. OJK wants to increase the percentage to 75 percent in 2019. 

"Insurance industry should take part in national development," he concluded.