“With access to information on more than 260 million businesses world wide, our underwriters provide high quality risk assessment support. ”
Atradius in Indonesia
Our local insurance partners (see below), supported by our information services and debt collection experts in the region, develop long-lasting connections with customers, sharing our in-depth knowledge of markets and trading risks.
With access to information on more than 260 million companies throughout the world, these specialists can support your commercial teams in assessing risk and identifying opportunities for growth domestically and abroad.
Trade in Indonesia is largely focused on the domestic market and annual private consumption growth is a main driver of the country’s economy. Exports account for about a fifth of GDP.
Over recent years the government has been focused on infrastructure improvements to support the local economy, particularly in the manufacturing and digital sectors. Our Indonesia office is part of the Atradius Southeast Asia network and is supported by our strategic hub at Atradius Singapore with a focus on promoting trade throughout the ASEAN community.
Atradius has been in Southeast Asia since 2006 and has strong relationships with the business community throughout the region. We are well-placed to support businesses to take advantage of the many opportunities the region offers for business growth and trade.
To protect your business from credit risks:
Atradius worldwide
The name Atradius is synonymous with promoting trade and we are proud of our international reputation. We work with customers of all sizes, in all markets and have a presence in 54 countries, spanning every continent. We work with businesses that range from small and medium enterprises (SMEs) to large multinationals operating in both domestic and international markets.
Our commitment and driver in every market is to develop strong and long-lasting relationships with our customers, based on an in-depth understanding of their operation. Our client retention rates are one of the highest in the industry and our customers tell us they appreciate our personalised service and prudent, knowledgeable underwriting practices.
Payment practices in Indonesia
Some of our recent research in Indonesia includes our annual review of international B2B payment practices: the Atradius Payment Practices Barometer . The results of this survey revealed that in the wake of the COVID-19 pandemic global recession, businesses in Indonesia have been hit hard by late payments and the majority of businesses expect to see an increased dependence on bank finance. Despite this the use of trade credit as a source of short-term finance remains low compared to the regional average and the use of cash payments is above average for the region. Such results suggest many businesses could benefit from a greater use of credit insurance.
What is Trade Credit Insurance?
Trade credit insurance protects your business from the risk of customer payment default. If your customer is late in settling your invoice, or goes bust with debts to you still outstanding, credit insurance can help protect your accounts receivable. And if the debt owed to you is significant to your business operation, credit insurance may prevent your business from entering insolvency.
Depending on your policy, trade credit insurance solutions can protect your business with both domestic trade in Indonesia and international export trade. It can be a useful tool in exploring new markets and engaging with new customers.
Learn more about trade credit insurance with this short video: Credit insurance explained by Atradius.
Contact us
Atradius in Indonesia
Pacific Century Place Tower, 40th Floor, SCBD Lot 10
Jln. Jendral Sudirman Kav 52-53
Jakarta 12190 Indonesia
Tel: +62 21 8064 4501
Email: info.id@atradius.com
Our partnerships in Indonesia
We work with local partners to provide you with the highest levels of business trade support. Our partners in Indonesia are:
PT Asuransi Tokio Marine Indonesia
PT Asuransi Sinarmas