Willis Re Establishes Presence in Indonesia

JAKARTA, Indonesia, April 10 -- Towers Watson, an advisory, broking and solutions company, issued the following news release:

Today Willis Re, one of the world's leading reinsurance brokers launched its newly licensed operation in Indonesia.

Led by Maruly Sinaga, President Director of PT Willis Reinsurance Brokers Indonesia, the new office will operate from Jakarta and provide reinsurance services to insurance and reinsurance companies across Indonesia.

Commenting on the launch, Mark Morley Managing Director Willis Re Asia Pacific said: "We are very excited to announce our new operation in Indonesia. This is an indication of Willis Re's deep ongoing commitment to support the further development Indonesia's growing insurance industry and wider economy. The license allows us to better serve our existing and future clients with a highly talented local team as well as allowing us to build stronger relationships with local carriers and local partners,"

Maruly Sinaga added: "With our integrated services and capabilities, we can help our clients measure, manage and mitigate their risks more holistically and efficiently than ever before. PT Willis Reinsurance Brokers Indonesia is able to draw on the global resources and expertise of Willis Re and Willis Towers Watson's Insurance Consulting & Technology business to provide comprehensive advisory and transactional solutions to help our clients navigate the full spectrum of risk in both the Non-Life and Life markets."

The Willis Re Indonesia office has been serving its clients since it began operations in December 2017.