{"id":8661,"date":"2025-10-22T07:55:55","date_gmt":"2025-10-22T00:55:55","guid":{"rendered":"https:\/\/ligaasuransi.com\/?p=8661"},"modified":"2025-10-22T07:55:55","modified_gmt":"2025-10-22T00:55:55","slug":"kenapa-perusahaan-konstruksi-asing-butuh-broker-lokal-di-indonesia","status":"publish","type":"post","link":"https:\/\/ligaasuransi.com\/en\/kenapa-perusahaan-konstruksi-asing-butuh-broker-lokal-di-indonesia\/","title":{"rendered":"Why Do Foreign Construction Companies Need Local Brokers in Indonesia?"},"content":{"rendered":"

A crucial reason why foreign construction companies, especially from China, Korea, and Japan, entering Indonesia are required to use the services of local insurance brokers.This is the topic of our discussion in this article.<\/span><\/p>\n

Key Points:<\/span><\/p>\n

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  1. Local Insurance Obligations: Foreign companies working on large projects (infrastructure, energy, IKN) in Indonesia are required to have local insurance coverage in accordance with Indonesian regulations. Global insurance policies from their home countries are often invalid or have no legal standing in Indonesia without a local partner.<\/span><\/li>\n
  2. The Importance of CPM (Contractor\u2019s Plant & Machinery) Insurance: One vital product that is often overlooked is CPM heavy equipment insurance, which protects heavy equipment (cranes, excavators, etc.) from damage or loss. Without a local CPM policy, losses resulting from incidents in Indonesia cannot be claimed from foreign insurance companies, and must be borne by the contractor himself.<\/span><\/li>\n
  3. Role of Local Insurance Broker (L&G Insurance Broker): Brokers act as professional risk advisors who bridge the foreign insurance system with local regulations. Brokers work in the interests of the client (insured), unlike agents who work for insurance companies.<\/span><\/li>\n
  4. Common Problems of Foreign Companies:<\/span>\n