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PT IBS Reinsurance Brokers

Jakarta (South Jakarta), Jakarta Special Capital Region, Indonesiaibsrisk.com ↗

Ownership: Private
Employees: ~130
Development stage: Other

Overview

PT IBS Insurance Broking Service (IBS Group) is Indonesia’s first licensed insurance broker, established in 1975. It offers integrated risk services and insurance solutions for corporations, SMEs, and individuals across various sectors including real estate, banking and finance, forestry/agriculture, marine, manufacturing, energy, construction/equipment/motor. In December 2018 Arthur J. Gallagher & Co., a global insurance brokerage firm headquartered in Illinois (NYSE:AJG), acquired a 40% equity stake in the company to strengthen their strategic partnership[6][7]. The group also operates subsidiaries providing reinsurance broking and healthcare management services.

Industry: Consulting

Partnerships

Arthur J. Gallagher & Co.

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