Chubb Appoints Budi Tatawidjaja as Compliance Director for Indonesia
JAKARTA, INDONESIA – Media OutReach – February 12, 2019 – PT Chubb General Insurance Indonesia (Chubb) announced today the appointment of Budi Tatawidjaja to the role of Compliance Director. He will join Chubb’s Board of Directors and report to Tai-Kuan Ly, Chubb’s Country President.
In his new role, Mr. Tatawidjaja will oversee regulatory matters of the organization’s business – ensuring best practices and adherence of Chubb’s compliance and regulatory policies and procedures.
On the appointment, Mr. Ly said, “We are delighted to have Budi join our Board. He has played an instrumental role in strengthening our risk and compliance function over the years. His expertise and experience will ensure we continue to sustain a high level of corporate governance that is commensurate with our reputation.”
Mr. Tatawidjaja joined Chubb in 2013. He has over 20 years of experience in the banking, capital market, and insurance industries of both Indonesia and Hong Kong, where he conducted audits and implemented various compliance, regulatory and risk management programs.
With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide.
Chubb has three insurance operations in Indonesia: general insurance, life insurance and sharia general insurance. Its general insurance operation (PT Chubb General Insurance Indonesia) provides a comprehensive range of general insurance solutions for large corporates, small and medium-sized businesses, as well as individuals. With strategically located offices, the company offers its products and services through a multitude of distribution channels, including banks, multi-finance companies, brokers and agents. Its general insurance offerings are complemented by an array of sharia general insurance products via its subsidiary company, PT Asuransi Chubb Syariah Indonesia (Chubb Syariah), and life insurance products via its sister company, PT Chubb Life Insurance Indonesia (Chubb Life).
More information can be found at www.chubb.com/id.