{"id":7434,"date":"2025-05-21T08:27:39","date_gmt":"2025-05-21T01:27:39","guid":{"rendered":"https:\/\/ligaasuransi.com\/?p=7434"},"modified":"2025-05-21T08:28:08","modified_gmt":"2025-05-21T01:28:08","slug":"mengapa-proyek-perikanan-pemerintahan-prabowo-butuh-perlindungan-asuransi-sejak-dini-2","status":"publish","type":"post","link":"http:\/\/ligaasuransi.com\/en\/mengapa-proyek-perikanan-pemerintahan-prabowo-butuh-perlindungan-asuransi-sejak-dini-2\/","title":{"rendered":"Why Prabowo Government&#8217;s Fisheries Projects Need Early Insurance Protection?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Welcome to <\/span><a href=\"https:\/\/ligaasuransi.com\"><span style=\"font-weight: 400;\">Liga Asuransi<\/span><\/a><span style=\"font-weight: 400;\">, your trusted source for understanding the world of risk management and strategic insurance solutions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Amidst the great enthusiasm of President Prabowo Subianto&#8217;s government in encouraging the development of the national fisheries sector, it is important for all stakeholders \u2014 from the government, investors, business actors, to fishermen&#8217;s cooperatives \u2014 to understand that every project must be equipped with a risk protection system from the start.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this article, we will review in depth why early insurance protection is an integral part of the success of fisheries projects, both in terms of economic, social, and sustainability.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Share this article with your colleagues or project partners, and also get hundreds of other articles on this blog that discuss various interesting topics around risk, insurance, and business protection strategies in various sectors.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Strategic Contribution of the Fisheries Sector to National Food Security<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The fisheries sector has a very strategic role in supporting national food security. With a coastline of more than 95,000 km and a sea area that reaches two-thirds of the total area of \u200b\u200bIndonesia, this country has enormous potential for marine and fisheries resources. This potential includes capture fisheries in the open sea, freshwater and marine aquaculture, to processing of marine products for domestic consumption and export.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Prabowo administration recognizes that fisheries are not just about food production, but also a key instrument in alleviating poverty, creating jobs, and strengthening the coastal economy. Therefore, the sector&#8217;s development program is directed at increasing production, strengthening supply chains, and expanding market access \u2014 including through downstreaming and exporting high-value-added fishery products.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Data from the Ministry of Maritime Affairs and Fisheries shows that per capita fish consumption of Indonesian people continues to increase, making fish the main source of animal protein. This makes the fisheries sector an important buffer for community nutritional security, especially amid the global food crisis issue.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, to realize the maximum contribution, the fisheries sector must be free from risk disruptions that can hamper production and distribution. Climate change, fish diseases, infrastructure damage, and market price instability are real threats that can disrupt the national food supply chain.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, in supporting Prabowo&#8217;s priority programs, a solid risk management approach and comprehensive insurance protection support are needed to ensure that the fisheries sector remains productive, sustainable, and resilient to external shocks.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Project Failure Risk Due to Unpreparedness for Risk Management<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Although the fisheries sector has tremendous potential, many projects in this sector have failed to achieve their goals due to unpreparedness in managing risks professionally. In the context of fisheries development projects carried out during the Prabowo administration &#8211; from modern shrimp ponds, fishing ports, to seafood processing and distribution centers &#8211; the threat of project failure can arise from various sides, both internal and external.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some common causes of failure of fisheries projects that are not prepared for risk management include:<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Natural Risks:<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Climate change, extreme weather, tidal flooding, rising sea temperatures, and natural disasters such as earthquakes and tsunamis can damage ponds, aquaculture ponds, ships, and port infrastructure.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Biological Diseases and Disorders:<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The aquaculture sector is highly susceptible to disease outbreaks such as white spot, EMS (Early Mortality Syndrome) virus, and various bacterial infections. Once they break out, these diseases can kill thousands to millions of fish or shrimp in a matter of days.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Infrastructure Project Delays or Failures:<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Construction of cold storage, ice factory facilities, and access roads to fish farms or ports are often hampered by land, permit, or weather issues, causing costs to balloon and projects to stall.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Financial Risks and Market Volatility:<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Fluctuations in export prices, defaults from business partners, or global market pressures can disrupt a business&#8217;s cash flow. Without mitigation, this can lead to bankruptcy.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Work Accidents and HR Risks:<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Fisheries projects involve a large number of high-risk field workers, whether on farms, boats, or processing plants. Workplace accidents can have major legal and financial implications for companies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unfortunately, many business actors and project managers only focus on the technical and financial aspects, without including elements of risk management and insurance protection in their planning. In fact, this preventive approach is the key to keeping projects running even when faced with major disruptions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Failure to manage risk early on can result in billions of rupiah in losses, job losses, and even project operational shutdowns \u2014 impacts that could have been prevented with the right protection systems.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Insurance as a Sustainable Development Partner in the Fisheries Sector<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Amid the Prabowo government&#8217;s big ambition to significantly boost the growth of the fisheries sector, insurance must be seen as a strategic partner in development, not just passive protection when disaster strikes. Insurance plays an active role in creating a safe, resilient, and sustainable system at every stage of the project &#8211; from planning, implementation, to distribution of results.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are some reasons why insurance is very important in the development of the fisheries sector:<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Maintaining Project and Investment Sustainability<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Insurance acts as a financial safety net. When losses occur due to natural disasters, fish diseases, or damage to production equipment, an insurance policy can provide reimbursement so that the project continues and does not stop completely.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Increasing Attractiveness for Investors and Creditors<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Projects protected by insurance are considered to have a good risk management system. This increases the confidence of investors, banks, and multilateral funding institutions to invest capital. They know that risks have been managed well and there are concrete mitigation schemes.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Supporting Legal and Contractual Processes<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Many procurement, construction, and export contracts require specific insurance coverage, such as project insurance (CAR\/EAR), marine cargo insurance, or liability insurance. Without this coverage, projects may fail to pass audits or receive funds.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Providing Risk Engineering and Technical Consulting Services<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Professional insurance companies and brokers such as L&amp;G Insurance Brokers not only sell policies, but also provide risk analysis and technical advice to minimize potential losses. This is especially important in fisheries projects that are full of environmental and technical risks.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Building Public and Community Trust<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Insurance coverage also has an impact on the sense of security among workers, fishermen, and surrounding communities. They know that the projects they are involved in have a plan to mitigate major risks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By making insurance part of the development strategy, fisheries projects will not only be more resilient, but will also deliver maximum social and economic outcomes.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Case Study: Fisheries Project Fails Without Insurance Protection<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To illustrate the importance of early insurance protection in fisheries projects, let\u2019s look at two real-world cases. Both have similar business models, but the end results are very different because of their approaches to risk management.<\/span><\/p>\n<p><b>Case 1: Shrimp Farm Project in Sulawesi \u2013 No Insurance<\/b><\/p>\n<p><span style=\"font-weight: 400;\">A local company started a vaname shrimp farming project on 80 hectares in Sulawesi in 2022. The initial investment reached IDR 40 billion, and the project targeted exports to the Japanese and South Korean markets. Initially, production went smoothly, but in the sixth month, the pond was hit by an outbreak of White Spot Syndrome Virus (WSSV).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Due to the lack of aquaculture insurance, the company lost more than 70% of its shrimp population in just two weeks. The loss was estimated at Rp25 billion. As a result, operations were halted, investors withdrew, and more than 100 employees were laid off. The project eventually went bankrupt before even a year had passed.<\/span><\/p>\n<p><b>Case 2: Similar Project in East Java \u2013 With Insurance<\/b><\/p>\n<p><span style=\"font-weight: 400;\">In the same year, an intensive shrimp farming project in East Java experienced a similar disaster. However, because they had used Aquaculture Insurance and Property All Risks from the start, the insurance claim worth Rp 12.5 billion was successfully paid. The project continued, and the next cultivation cycle began without financial disruption.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These two cases are real evidence that insurance is not just a complement, but a determining factor in the sustainability of a fisheries project. Careful planning and proper insurance protection can save a business from total collapse.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Insurance Implementation Steps Since Project Planning<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">For insurance to function optimally as a risk mitigation tool, the right approach is to integrate it from the beginning of project planning. This applies to all types of fisheries projects \u2014 be it aquaculture ponds, fishing ports, processing centers, to seafood distribution and export systems.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The following are strategic steps recommended by L&amp;G Insurance Broker to ensure effective insurance implementation:<\/span><\/p>\n<ol>\n<li><b> Conduct a Structured Risk Assessment<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Identify all potential risks from the start: natural disasters, disease outbreaks, equipment damage, legal risks, and market risks. This is the basis for determining the type of insurance needed.<\/span><\/p>\n<ol start=\"2\">\n<li><b> Involve a Professional Insurance Broker<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Broker involvement will help design an insurance program that fits the risk profile, project budget, and specific needs of each phase of construction.<\/span><\/p>\n<ol start=\"3\">\n<li><b> Determine the Type of Insurance Based on Project Stages<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">For example:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">During construction: use Contractors All Risks (CAR).<\/span><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">During operations: use Aquaculture Insurance, Property All Risks, Marine Cargo, Liability Insurance, and Business Interruption if necessary.<\/span><\/li>\n<\/ol>\n<ol start=\"4\">\n<li><b> Include Insurance Costs in the Budget Plan (Capex &amp; Opex)<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Insurance procurement should be considered a major component of investment, not an additional cost. This will simplify the process of investor approval and financing.<\/span><\/p>\n<ol start=\"5\">\n<li><b> Renew Coverage Periodically<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">As projects evolve, coverage must be adjusted \u2014 including coverage amounts, new types of risks, and operational locations.<\/span><\/p>\n<ol start=\"6\">\n<li><b> Disseminate to All Stakeholders<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Project teams, management, and work partners need to understand the importance of insurance so that the implementation process runs smoothly.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With proper planning, insurance becomes an integral part of project governance, not just an emergency tool. It is a form of seriousness in building a modern, efficient and highly resilient fisheries sector.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">The Active Role of Insurance Brokers in Building Safe Fisheries Projects<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In both large and small scale fisheries projects, the role<\/span><a href=\"https:\/\/lngrisk.co.id\"><span style=\"font-weight: 400;\">insurance broker<\/span><\/a><span style=\"font-weight: 400;\">professionals are vital to bridge the need for risk protection with the right and measurable insurance solutions. Brokers are not just policy sales agents, but strategic partners in designing, managing, and optimizing insurance programs according to project characteristics.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, L&amp;G Insurance Broker has extensive experience in handling complex risks in the fisheries, construction, energy and logistics sectors. We offer a holistic approach that includes:<\/span><\/p>\n<ol>\n<li><b> Risk Mapping then Risk Profiling<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">We help clients identify all relevant potential risks \u2014 whether environmental, technical, legal or financial \u2014 to ensure each risk has the right mitigation and protection strategies.<\/span><\/p>\n<ol start=\"2\">\n<li><b> Designing an Integrated Insurance Program<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Each project has different needs. L&amp;G will create a combination of policies (multi-line coverage) tailored to the project stages: from construction, production, to distribution and export.<\/span><\/p>\n<ol start=\"3\">\n<li><b> Efficient Risk Placement<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">With a wide network of national and international insurance companies, we place risks with strong and reliable insurance partners, with competitive premiums and fair claim terms.<\/span><\/p>\n<ol start=\"4\">\n<li><b> Claim Process Assistance<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">When a risk occurs, L&amp;G will accompany the claims process until settlement, help prepare documents, and fight for maximum claim payments.<\/span><\/p>\n<ol start=\"5\">\n<li><b> Risk Management Education and Training<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">We also provide training for project teams so that they are better prepared and aware of the importance of risk management and insurance protection.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With this approach,<\/span><a href=\"https:\/\/lngrisk.co.id\"><span style=\"font-weight: 400;\">L&amp;G Insurance Broker<\/span><\/a><span style=\"font-weight: 400;\">not just a service provider, but a trusted partner in maintaining the success of national fisheries projects in the Prabowo era of development. With us, you build projects with a sense of security and full confidence.<\/span><\/p>\n<p><b>Looking for insurance products? Don&#8217;t waste your time and contact us now<\/b><\/p>\n<p><b>HOTLINE L&amp;G 24 JAM:<\/b><a href=\"https:\/\/api.whatsapp.com\/send?phone=628118507773&amp;text=Halo%20L%26G%20Risk,%20Saya%20mau%20menanyakan%20lebih%20detil%20mengenai%20asuransi.%0D%0A%2D%2D%2D%0D%0ANama%3A%0D%0APerusahaan%3A%0D%0AJenis%20Asuransi%3A%0D%0AObjek%20yang%20diasuransikan%3A%0D%0A%2D%2D%2D%0D%0AMohon%20hubungi%20saya%20segera%21\"><b> 0811-8507-773<\/b><\/a><b> (CALL \u2013 WHATSAPP \u2013 SMS)<\/b><\/p>\n<p><b>Website: lngrisk.co.id<\/b><\/p>\n<p><b>Email: oktoyar.meli@lngrisk.co.id<\/b><\/p>\n<p><b>\u2014<\/b><\/p>","protected":false},"excerpt":{"rendered":"<p>Welcome to Liga Asuransi, your trusted source for understanding the world of risk management and strategic insurance solutions. Amidst the great enthusiasm of President Prabowo Subianto&#8217;s government in encouraging the development of the national fisheries sector, it is important for all stakeholders \u2014 from the government, investors, business actors, to fishermen&#8217;s cooperatives \u2014 to understand [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7435,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1205,1198,37],"tags":[1210,1200],"class_list":{"0":"post-7434","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-agrobisnis","8":"category-industri-perikanan","9":"category-risk-recommendation","10":"tag-asuransi-industri-perikanan","11":"tag-asuransi-perikanan"},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/7434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/comments?post=7434"}],"version-history":[{"count":1,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/7434\/revisions"}],"predecessor-version":[{"id":7436,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/7434\/revisions\/7436"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/media\/7435"}],"wp:attachment":[{"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/media?parent=7434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/categories?post=7434"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/tags?post=7434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}