OneConnect Financial Technology Co. Ltd. (OneConnect), an associate company of China’s insurance giant Ping An Group, announced on Wednesday it has signed a memorandum of understanding (MoU) with insurer Asuransi Sinarmas, a unit of Sinarmas. OneConnect reported that through the MoU it will enable Asuransi Sinarmas to launch Smart Auto Claims solution to improve operational efficiency and reduce costs.
“As OneConnect continues to expand its footprint in Indonesia and Southeast Asia, the collaboration will accelerate and deepen the partnership between OneConnect and Sinarmas Group.”
The MOU is signed by Bi Wei, CEO of Insurance Division of OneConnect and the Director of Asuransi Sinarmas, Njoman Sudartha. OneConnect went on to add:
“For many years, Asuransi Sinarmas has been focusing on Southeast Asian countries. This partnership greatly accelerates its digital transformation journey, and enhances OneConnect’s brand presence in Indonesia.”