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Two Consecutive Years: Marsh Indonesia and Marsh Reinsurance Brokers Indonesia Ranked 1st in the Insurance Market Leaders Award 2023 by Media Asuransi

PT Marsh Indonesia and PT Marsh Reinsurance Brokers Indonesia (Marsh Re) have ranked tops in the Insurance Market Leaders Awards held by Media Asuransi for the second year running. 

This year’s awards saw both companies once again securing 1st position for the Insurance Broker Market Leaders Award and Reinsurance Broker Market Leaders Award respectively. Nova Tambunan, Country Sales Leader, Marsh Indonesia, and Donal Mangunsong, President Director, Marsh Reinsurance Brokers Indonesia, received the accolades at the ceremony held in Jakarta, Indonesia, on 27 July 2023. 

In the qualification process, the Insurance Media Research Institute (LRMA - Lembaga Riset Media Asuransi) identified 15 insurance broker companies and 15 reinsurance broker companies with the largest brokerage in 2021 based on data provided by the Otoritas Jasa Keuangan (the Indonesia Financial Services Authority) on 160 insurance broker companies. The research also revealed that the market share of the top 15 Indonesian insurance brokers listed as market leaders increased from the prior year. 

This recognition reflects our unwavering commitment to delivering innovative and insights-driven solutions and going beyond traditional insurance with advisory services tailored to meet our clients' risk management requirements. 

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