COMPANY PROFILE

PT. Axle Asia

Contents
About PT. Axle Asia. .............................. 1 Our Philosophy .... 2 Insurance Market ............................................................................................................... 3 Services Approach ........................................................................................................... ...4 Range of Integrated Services......................................................................................... ...7 Clients Profile ...... 8 Management Team .................................................................................................................. .10 Service Team. ..... 13 Strategic Alliances. ................................................................ 14 Added-Value ............................................................................................................................. 15
Our Commitment .. ..... 17

Contacts. ....... 18

All rights reserved

About PT. Axle Asia

PT Axle Asia (axle-asia) is a subsidiary company of a strategic alliance between PT Axle Indonesia and PT True Capital. The company was established on 30th November 2007 and received its operating licence from Ministry of Finance No. KEP-051/KM.10/2008 dated 31st March 2008, Tax Registration No (NPWP) 02.752.045.1.-064.000 and PKP No: PEM01400/WPJ.04/KP.1303/2008. axle-asia is an Insurance Broker with head office located in Jakarta and its first representative office in Surabaya.

Principally, axle-asia provides effective use of comprehensive insurance services for both individuals and corporations appropriate to their respective insurance needs. Inspired by care and concern to deliver best insurance services, a team of experienced insurance practitioners has committed to dedicate themselves to take a role as an Insurance Department to the Insured in all insurance placement to the Insurers. Legally, an Insurance Broker represents the interest of the Insured. Relying on proven track records of its professionals and their creative and comprehensive solution to the Clients, axle-asia will always emphasize on a number of crucial role to its Clients, among others (1) vast insurance network and strong market support; (2) technical competence of its solid and tested team (3) competitive pricing structure; (4) highly dedicated team work in providing best-suited and affordable insurance products for its Clients.

1
All rights reserved

Our Philosophy
Etymologically, axle-asia is derived from a compilation of two words, Axle and Asia. Axle (axis) is a device to function as center of movement in a motor vehicle. Asia is the companys long term goal to spread its presence as a competent Insurance Broker in Asia. As an axis, Axle philosophy is elaborated within the word AXLE which underlines the operational working principle of axle-asia. First. A (Accelerator) depicts axle-asias role in providing services for various Clients in order for them to accelerate operational business result an analogy taken from axle function in a motor vehicle. Esentially, a prudent business should have a well-planned and coordinated risk management. Whenever axle-asia takes over Clients risk handling in term of identification, analysis, prevention, reduction or transfer of any kind of risk, Clients are able to focus on their core competency. Second. X (Xtra Care) reflects the strong dedication of axle-asia in order to deliver best solution to its Clients. Clients are placed as the party who are entitled to receive first class comprehensive insurance services, a commitment which will be fully supported by visionary innovation and creativity. Third. L (Leverage) is the commitment of axle-asia to take the role as the Insurance Department to the Clients. This commitment will ensure that the Clients will obtain optimum benefits from any insurance policy placed through axle-asia. Optimalization of such competitive advantage is the prime objective of axle-asia. Fourth. E (Equitability) procreates an equal and balanced risk protection for the Clients. Fair and efficient services will be mandatory for the Clients on any claim handling and settlement.

2
All rights reserved

Insurance Market
Indonesia has approximately 100 General Insurers, of these at least there are 13 foreign joint venture companies with international shareholding. Using credible insurers who can settle losses in timely manner is of paramount importance to broking services. We would strongly recommend the use of reputable local or joint venture companies operating in Indonesia as their security is supported by strong local capacity and/or internationally accredited reinsurances. We have strong and close relationship with each of reputable local and joint venture insurance companies. In addition to our stringent security checks, underwriters are required to fulfil numerous criteria. The lead insurers must, in particular, be able to demonstrate a successful track record in writing similar corporate programs and must have an excellent reputation in areas of underwriting flexibility, loss control and service in the payment of claims. Insurers must be able to demonstrate a competitive pricing attitude. The initiating office of a selected insurer must be capable of committing all of its offices to implement agreed terms and conditions. Insurers must be receptive to innovative concepts. Insurers must agree to allow open competition within the ranks of participating markets. axle-asia would also actively assist in the claim settlement and negotiation process.

3
All rights reserved

Services Approach
The overall benefit we bring to clients is risk minimisation. This of course provides other tangible advantages, some of which are outlined below: Claims management: Our technology, systems and service culture result in highly efficient management of claims with emphasis on risk management. Cost savings: Significant savings in direct insurance costs and indirect losses through our risk management strategies and bulk purchasing power. Customised solutions: We provide exposure assessment to ensure the coverage effected is tailored to our Clients specific financial and operational needs. Dependability: Our team in axle-asia has long-standing insurance market relationships around the world, which our Clients can rely upon. Entrepreneurism: axle-asia encourages an entrepreneurial culture which means more than finding answers to todays questions; it means we have the foresight to anticipate tomorrows questions from our Clients. Growth: We continue to expand our resources and capabilities so that we can pass the benefits on to our Clients. Industry specialisation: Our critical mass allows true specialisation by our professionals down industry lines, to provide our Clients with the industry-specific solutions. Security: Coverage is provided by financially secure, competitive underwriters. Service orientation: There is an established, formal service structure implemented by local, experienced personnel with the support of our specialist resources. All of our efforts are for the benefits of our Clients. Technology: axle-asia is at the forefront of technological advancements a key part of our strategy for offering Clients the best possible solutions.

4
All rights reserved

Addressing Clients Specific Risk Needs Generic risk services such as off-the-shelf insurance policies fail to take into account industry and organisational differences. They do not necessarily reduce individual exposure to loss, damage, liability and other risks. Accordingly, such services are usually unsuitable to reduce an organisations cost of risk. We take the approach of first understanding each clients needs, through risk identification and risk quantification, then tailoring a specific approach to reduce the clients cost of risk. The approach incorporates risk control, risk funding/insurance and risk monitoring. To ensure effective delivery of our services, we adopt a team approach. This provides clients with access to a team of skilled individuals consisting of at least two senior executives who are familiar with the clients business, insurance and risk management program.

5
All rights reserved

This approach, coupled with the strict adherence to established and proven service standards, provides a structured framework which ensures: the smooth transfer of existing insurance and outstanding claims set performance parameters that can be measured against a pre-determined timetable a logical, step-by-step procedure that is pre-agreed and monitored by our client.

Our Integrated Services Approach

This integrated services approach reflected our closed relationship with each of our Clients, with both bottom-up and top-down approaches.

6
All rights reserved

Range of Integrated Services

CLIENT SERVICE METHODOLOGY Our strategies to build a feedback loop for client are based on the following steps: 1. Planning and Transition : In this steps we establish scope of services Agree service plan within timetable Finalise service agreement Arrange transfer of documentation to Axle Asia Finalise / attend to outstanding issues 2. Analyse: Review current insurance arrangements and undertake any gap Quantify Total Cost of Insurable Risk and benchmark against similar organisations Analyse the organisations risk tolerance Review Insurance Market 3. Design: Determine clients appetite Explore options for optimum levels of risk transfer by class Assess optimum risk financing options Develop placement strategies Prepare Underwriting Submissions 4. Execute: Implement any plan Market negotiation Report and obtain instructions Execute Risk Transfer Program Execute Risk Retention Plan 5. Manage: We administer the program Monitor changes in insurance markets and regulation Manage claims Review program for efficiency and effectiveness

7
All rights reserved

Clients Profile
For your easy reference, the following reflects the profiles of some of our Clients:

8
All rights reserved

Clients Profile
For your easy reference, the following reflects the profiles of some of our Clients:

9
All rights reserved

10
All rights reserved

Management Team
Commissioners

1. Bacelius Ruru, S.H., LL. M. 2. Dr. A. Junaedy Ganie, SE, MH, ANZIIF (Senior Assoc), AAIK (HK), CIP, CLU, ChFC Management 1. Thosin Setiagunawan, BA., MBA, Dipl. PSA., APAI, CIIB 2. Robert Rosihan, SH, MM, MBA 3. Helmy Hananto, SE. Ak., CFP 4. Yudi Satrianto, SE, ACII (Chartered Insurance Broker) 5. Dian Anggarawati, SE, AAAIJ

: President Commissioner : Commissioner : President Director : Senior Vice President : Chief Financial Officer : Vice President Broking : Vice President Employee Benefits

1. Bacelius Ruru. Graduated from Harvard Law School/Lex Legibus Magister (1981) and Law Faculty of University of Indonesia (1975). He has held several strategic positions among others are (1) Head of BAPEPAM (Capital Market Supervisory Agency, Ministry of Finance) (1993-1995); (2) Director General of StateOwned Entreprises Development, Ministry of Finance (1995-1998); (3) Assistant Minister State-Owned Enterprises (1999-2000); (4) Deputy Minister State-Owned Enterprises (20002001); (5) Chairman of Jakarta Initiative Task Force (2001-2003); (6) State-Owned Ministrial Secretary (2001-2004). Currently, among others he is Secretary Committee of Enhancement of Exports and Investment at Indonesia Investment Coordinating Board and advisors Non-Executive Directorship.

2. Dr. A. Junaedy Ganie is a Doctor of Business/Insurance Law (cumlaude) from University of Padjadjaran, Bandung. Earlier education includes business administration, economics and Management Development Program at INSEAD Business School in France. He has been providing services in client insurance management, risk management, public policy, training, claims recovery and public speaking by invitation. Being a senior insurance practitioner, he has been in the insurance industry for over 30 years. His professional qualifications are being Senior Associate, Certified Insurance Practitioner, both from Australia New Zealand Institute of Insurance & Finance; Chartered Life Underwriter and Chartered Financial Consultant, and Ahli Asuransi Kerugian Indonesia (HC) from AAMAI. As a Commissioner at Axle Asia, he is also an Independent Commissioner at BNI Life, an Arbiter at BANI Arbitration Centre and an Adjudicator at Badan Mediasi Asuransi (BMAI), Editor at BANI News and Chief Editor of Premium Insurance Journal. Beyond insurance and consulting services, he is an entrepreneur in number of privately-held businesses. In insurance
11
All rights reserved

organizations, Junaedy is a member of the AAMAIs Experts Council (Dewan Pakar), of APARIs Board of Professional Standard and Compliance (Dewan Kehormatan) and of ABAIs Board of Counselors. Past insurance career path had mostly been with US based/affiliated companies such as AIG, Ace, IBS (then a Citicorps associate) and Aon Indonesia, which he co founded and managed for 16 years to 2008.

3. Thosin Setiagunawan. Graduarte from Nahdatul Ulama University, Solo and Educated at University of Medina, Saudi Arabia (1976), Post Graduate Diploma in Port and Shipping Administration from University of Wales Institute of Technology, England (1980), and Post Graduate Diploma in Shipping Management from Plymouth Polytechnic, England (1981). MBA program at UK based De Montfort University (not completed). A number professional qualifications of Thosins includes Ahli Pialang Asuransi Indonesia (APAI) and Certified Indonesia Insurance Broker (CIIB). His insurance broking experiences are as Senior Executive at PT Atap Indah/ Johnson and Higgins which is now part of Marsh (1985-1991), as Assistant General Manager at PT Alexindo Artajasa, the correspondent of Alexander & Alexander, now part of Aon (1991-1992) and with PT Aon Indonesia, as General Manager from 1993-1997 and Broking Director from 1997-2007. In the insurance organization, Thosin is a Deputy Chairman of ABAI, the Insurance & Reinsurance Brokers Association.

4.

Robert Rosihan. Graduated from Law Faculty (1988) and holds Master in Management degree from Surabaya University (2001). His Professional broking experiences include Unit Head PT Alexindo Artajasa (1991-1992); with PT Aon Indonesia, as Manager from 1992-1997 and as Vice President from 1997-2008.

5. Helmy Hananto. Graduated from Economics Faculty of University of Indonesia (1990), he holds qualification as a Registered Public Accountant and Certified Financial Planner (CFP). Professional career experiences include (1) Senior Auditor at Drs. Santoso Harsokusumo & Rekan, Member of Ernst & Young International (1992); (2) Finance Manager at PT Kreasindo Ciptapariwara, afiliated with Leo Burnett Worldwide (1993-1997); (3) Finance Director at PT Citra Lintas Indonsia, afiliated with Lowe-Initiative Worldwide (1997-2004) (4) Finance Director of PT Initiative Media Indonsia, an afiliated with Initiative Worldwide (2002-2004) and (5) Operations Director PT SAJI Indonesia (2004-2007).
12
All rights reserved

6. Yudi Satrianto. Graduated as Bachelor in Accounting from STIE Perbanas, Jakarta (1994). Yudi holds Diploma in Insurance and Associate Chartered Insurance Institute (ACII) from Glasgow Caledonian University, Scotland, England (2000) He has numerous experiences in any other fields following his background as Bachelor in Accounting before pursuing his career in the insurance industry such as: (1) Internship as Finance staff at PT Peregrine Sewu Securities (1992-1993); (2) Finance staff on many Public Accountant firm such as Paul Lembong, Hans Tuanakotta Mustopa (1993); (3) Senior Staff in Finance Department at PT Derazona Air Services (1994 1996) His working experiences at insurance industry are (1) Staff in Reinsurance Department, Underwriting Department and promoted as Asistant Manager in Marketing Department at PT Asuransi Tokio Marine Indonesia (1996-2001); (2) Business Head for Property, Marine, Heavy Equipment and Motor Group at PT IBS Insurance Broking Services (2001 2004); (3) Marketing & Underwriting Manager at PT Asuransi Rama Satria Wibawa (2004-2006); (4) Manager Telecommunication & Manager Sharia Unit at PT Aon Indonesia (2006-2007). 7. Dian Palupi Anggarawati. Graduated from Economics Faculty University of Indonesia (2000) and holds Diploma in Actuary from Department of Finance Indonesia (1997). In professional qualifications, she holds Ajun Ahli Asuransi Jiwa (AAAIJ) Indonesia from Asosiasi Ahli Manajemen Asuransi Indonesia (AAMAI) (1999). She has been working in Insurance industry for over 14 years with significant experiences in technical and marketing side of Life Insurance, especially in Employee Benefits. Started career with (1) Niaga Cigna (1996 - 1997) for a pilot project of Bancassurance, (2) implemented the insurance technical background as Actuary for Group Health Insurance in Sinarmas Life (1997 2001). (3) She was also a lecturer in Sekolah Tinggi Manajemen Asuransi Trisakti (2003). (4) Her Insurance broking experiences in Employee Benefits area are as Client Executive at PT. Marsh Indonesia (2001 - 2005), (5) as Manager in PT. Willis Indonesia (2005 - 2006), (6) as Assistant Vice President for PT. Aon Indonesia (2006 2009).

13
All rights reserved

Service Team
Managing a large retention is an important process that requires specialist skills. In order to ensure the smooth operation of the risk management function, axle-asia has assembled a service team that combines extensive experiences in all lines of insurances and risk management processes with a detailed understanding of Clients activities. The core team members proposed to service our Clients are as follows:

14
All rights reserved

Strategic Alliances
Axle Asia will strive to strengthen its operations to international standard in term of its technical capability, training, specialty expertise, replication of best practices, market supports and other competitive advantages through a solid international affiliation. In order to attain the objective, from January 2011, Axle Asia has established strategic alliances with KIB Insurance Brokers, a Singapore-based company and Colemont, a London based Lloyd's broker.

In line with the principal specialty expertise of both KIB and Colemont, the focus of the strategic alliances is to bring superior services to Indonesia market in the following insurance sectors:

Marine Hull and Machinery Protection & Indemnity (P&I) Energy Aviation

15
All rights reserved

Added-Value
Insurance, Design, Purchase & Service We apply a consultative and strategic approach to insurance design, purchase and service for our clients. Innovative solutions/packaging Policy drafting Aggressive insurance marketing Financial assessment of underwriter security Operational manuals Programmed servicing Measurable service standards Management of national insurance programs Training Insured officers to get better understand of the insurance product that insured bought through our services Dedicated online system for frequency and repetition declaration work load.

Claims Management Coordination, control and proper management of post-loss-control procedures that monitor and contain the cost of an organisations claim, Axle Asia and Client together firm a dedicated team. Development and implementation of claims management databases Liaison with lawyers/loss adjusters Specialized and/or Pre agreed claims management/procedure. Monitoring of outstanding claims and claims report/analysis Using our leverage and major share in telecommunication industry to negotiate further with insurance companies. Dedicated online system for frequency and repetition work load

16
All rights reserved

Objective is to reduce your Cost of Risk We would submit a report on our findings and outline an alternative program with following details: The scope of the alternative insurance program and the benefits (including cost savings) which it would provide. A guaranteed costing for the program. Recommendations for risk management initiatives. How we would service your account.

axle-asia looks forward to the opportunity of demonstrating our capabilities to you.

17
All rights reserved

Our Commitment
Comprehensive understanding of various types of businesses and Clients risk profile; To provide comprehensive insurance solution and risk management; To endeavor optimum protection at competitive insurance cost; Dedicated creative and innovative insurance professional team. To provide information of market development; To bring state of the art initiative in risk solution. Being at the forefront for the best interest of the Clients starting from risk identification to satisfactorily claim settlement.

18
All rights reserved

Contact us
For any enquiry or further information, please contact us at :

PT AXLE ASIA Head Office Gedung Victoria 4th Floor #401 Jl. Sultan Hasanuddin No. 47-51 Jakarta 12160 Telp. 021 7255578 Fax. 021 7255580 Representative Office Gedung Bumi Bina Usaha Surabaya 6th Floor Jl. Raya Darmo 155-159 Surabaya 60001 Telp. 031 5636044-5 Fax. 031 5672473 Email : info@axle-asia.com Website : www.axle-asia.com

19
All rights reserved