Jakarta — PT Asuransi Umum Bumiputera Muda 1967 (BUMIDA) has been awarded Best General Insurance in Performance and Sustainable Growth at the CNBC Indonesia Awards 2025. The accolade underscores the company’s resilience and adaptability in Indonesia’s dynamic insurance sector.
From a regional analysis perspective, BUMIDA’s recognition reflects broader trends in Southeast Asia’s insurance industry. As economies grow and financial literacy expands, insurers are under pressure to balance profitability with sustainability. BUMIDA’s achievement demonstrates how local firms can meet these dual demands.
The award was presented by Mukhamad Misbakhun, Chairman of Commission XI of Indonesia’s House of Representatives, highlighting the government’s support for companies that contribute to national economic stability. Such endorsements strengthen the credibility of the insurance sector across the region.
Observers note that BUMIDA’s success is rooted in its workforce of 2,500 employees nationwide. Their discipline, integrity, and commitment have been cited as key drivers of the company’s sustainable growth, offering lessons for other insurers in ASEAN markets.
The recognition also emphasizes the importance of innovation. BUMIDA’s mission to provide customer‑focused, innovative services aligns with regional efforts to modernize insurance offerings, integrate digital platforms, and expand coverage to underserved populations.
Ultimately, BUMIDA’s award is not just a corporate milestone. It is a regional signal that sustainable growth in insurance is achievable, setting a benchmark for peers across Southeast Asia.
