{"id":9203,"date":"2025-11-24T10:01:14","date_gmt":"2025-11-24T03:01:14","guid":{"rendered":"https:\/\/ligaasuransi.com\/?p=9203"},"modified":"2025-11-24T10:01:14","modified_gmt":"2025-11-24T03:01:14","slug":"mengapa-pengusaha-vietnam-wajib-mengasuransikan-aset-proyek-dan-liability-saat-berbisnis-di-indonesia","status":"publish","type":"post","link":"https:\/\/ligaasuransi.com\/en\/mengapa-pengusaha-vietnam-wajib-mengasuransikan-aset-proyek-dan-liability-saat-berbisnis-di-indonesia\/","title":{"rendered":"Why Vietnamese Entrepreneurs Must Insure Assets, Projects, and Liabilities When Doing Business in Indonesia"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">When Mr. Nguyen, a Vietnamese entrepreneur, opened an electronics factory in an industrial area in Bekasi, he was optimistic about the potential growth of the Indonesian market. Production ran smoothly for several months, until one night the factory alarm went off. A small short circuit caused a spark in one of the electrical panels, sparking a fire that destroyed part of the production warehouse.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What seemed like a simple loss could have turned into a major disaster: major machinery failure, finished goods fire, and weeks of production shutdown. Fortunately, Nguyen had used an Indonesian insurance broker to arrange Industrial All Risks (IAR) and Business Interruption (BI) policies from the outset.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Within three months, the claim, worth Rp 72 billion, was paid in full. Without the broker&#8217;s assistance and the right policy, Nguyen&#8217;s business would likely have come to a complete standstill.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This story shows one important thing:<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Vietnamese entrepreneurs must manage risks professionally when investing in Indonesia.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Why Indonesia is a Favorite Investment Destination for Vietnamese Entrepreneurs<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Vietnam-Indonesia economic relations are growing rapidly. Many Vietnamese companies in the electronics, logistics, component manufacturing, energy, retail, and technology sectors have chosen Indonesia as an expansion market.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The reason:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Indonesia is the largest economy in ASEAN.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A population of 280 million provides massive market potential.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Indonesian government provides various investment incentives.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Industrial and logistics infrastructure is developing rapidly.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">However, the greater the opportunity, the greater the risk that follows.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Key Risks Faced by Vietnamese Entrepreneurs in Indonesia<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Every investment\u2014whether a factory, warehouse, construction project, logistics, or professional services\u2014carries specific risks. The following are the major risk groups:<\/span><\/p>\n<ol>\n<li><span style=\"font-weight: 400;\"> Asset Risks (Property Risks)<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fire and explosion<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Electrical short circuit<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Theft and robbery<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Earthquakes, floods, hurricanes<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Damage to factory machinery and equipment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sabotage or mass riots<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Indonesia is located on the \u201cring of fire\u201d, so the risk of earthquakes and volcanic eruptions must be taken seriously.<\/span><\/p>\n<ol start=\"2\">\n<li><span style=\"font-weight: 400;\"> Project Risks (Construction &amp; Engineering Risks)<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">For Vietnamese entrepreneurs involved in EPC, fabrication, or construction of facilities:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Structural failure<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Heavy equipment damage<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Work accident<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Technical installation error<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Project delays resulting in fines<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ol start=\"3\">\n<li><span style=\"font-weight: 400;\"> Operational &amp; Production Risks<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sudden engine failure<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Business interruption due to accident<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Supply chain disruption<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ol start=\"4\">\n<li><span style=\"font-weight: 400;\"> Liability Risks<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Third party injury<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Damage to third party property<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Product liability<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Professional misconduct<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Directors &amp; management liability (D&amp;O Liability)<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ol start=\"5\">\n<li><span style=\"font-weight: 400;\"> Logistics &amp; Transportation Risks<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Especially for Vietnamese export\u2013import companies in Indonesia:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Damage to goods during shipping<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Theft of goods<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Old ship or extreme weather<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Handling error<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ol start=\"6\">\n<li><span style=\"font-weight: 400;\"> Financial Risk<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bad credit<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fraud internal<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Contractual risks in B2B transactions<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Important Types of Insurance for Vietnamese Entrepreneurs<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To address these risks, Vietnamese companies need a comprehensive protection package:<\/span><\/p>\n<ol>\n<li><b> Industrial All Risks (IAR) \/ Property All Risks (PAR)<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Covers damage to factory assets, warehouses and machinery due to fire, flood, earthquake and other unforeseen damage.<\/span><\/p>\n<ol start=\"2\">\n<li><b> Business Interruption (BI)<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Compensate for financial losses due to the cessation of production activities.<\/span><\/p>\n<ol start=\"3\">\n<li><b> Contractors All Risks (CAR) \/ Erection All Risks (EAR)<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">For construction projects and machine installation.<\/span><\/p>\n<ol start=\"4\">\n<li><b> Machinery Breakdown (MB)<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Covers sudden and unexpected engine failure.<\/span><\/p>\n<ol start=\"5\">\n<li><b> Marine Cargo Insurance<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Protection of goods during land, sea and air shipping.<\/span><\/p>\n<ol start=\"6\">\n<li><b> Comprehensive General Liability (CGL)<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Protects against third party claims.<\/span><\/p>\n<ol start=\"7\">\n<li><b> Product Liability Insurance<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Mandatory for Vietnamese companies selling products to the Indonesian market.<\/span><\/p>\n<ol start=\"8\">\n<li><b> Directors &amp; Officers Liability (D&amp;O)<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Protecting directors\/management from lawsuits.<\/span><\/p>\n<ol start=\"9\">\n<li><b> Cyber Insurance<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Essential for IT, app, cloud and fintech businesses.<\/span><\/p>\n<ol start=\"10\">\n<li><b> Professional Indemnity Insurance (PI)<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">A must for engineering, IT, EPC consultants, auditors and architects.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">The Challenge of Choosing the Best Insurance from 70 Insurance Companies in Indonesia<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">There are over 70 insurance companies in Indonesia, but not all of them are suitable for the needs of Vietnamese entrepreneurs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some challenges:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Not all companies have a large risk capacity.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Differences in the quality of policy wording.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">There are companies that are strong in claims, there are those that are weak.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Differences in underwriting standards.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Not all companies have international reinsurance support.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Without broker assistance, it is difficult to determine which company is suitable for:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">investment &gt; USD 10 million<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">large factory<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">high-value EPC projects<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">risk of a major earthquake<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">high-risk products (electronics, chemicals, automotive components)<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Why Vietnamese Entrepreneurs Shouldn&#8217;t Worry About the Quality of Indonesian Insurance<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Insurance companies in Indonesia operate with international standards because:<\/span><\/p>\n<ol>\n<li><b> Supervised by OJK (Financial Services Authority)<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">OJK requires:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Minimum solvency ratio of 120% (POJK 71\/2016)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transparency of financial reports<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Risk management and corporate governance<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ol start=\"2\">\n<li><b> The majority of Indonesian insurance is reinsured with global companies.<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">For example:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Lloyd\u2019s of London<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Munich Re<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Swiss Re<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Hannover Re<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Korean Re<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">This means that if a large claim occurs\u2014for example, a loss of USD 20 million\u2014payment is still guaranteed by international reinsurance.<\/span><\/p>\n<ol start=\"3\">\n<li><b> Insurance Product Regulations (POJK 23\/2015)<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Ensure all products meet consumer protection standards.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Important Indonesian Regulations That Vietnamese Investors Must Understand<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Here is a summary of the core rules:<\/span><\/p>\n<ol>\n<li><b> Law No. 40 of 2014 \u2013 Concerning Insurance<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">The legal basis for the entire Indonesian insurance industry.<\/span><\/p>\n<ol start=\"2\">\n<li><b> POJK 69\/POJK.05\/2016 \u2013 Implementation of Insurance Business<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Manage operations, policies, reinsurance, and reporting of insurance companies.<\/span><\/p>\n<ol start=\"3\">\n<li><b> POJK 71\/POJK.05\/2016 \u2013 Financial Health<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Insurance companies are required to maintain minimum solvency.<\/span><\/p>\n<ol start=\"4\">\n<li><b> POJK 70\/POJK.05\/2020 \u2013 Insurance and Reinsurance Brokers<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">At an important point this regulation emphasizes:<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">A broker is a representative of the insured, not a representative of the insurance company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are the reasons why Vietnamese investors should use a broker.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Why Insurance Brokers Are So Important for Vietnamese Entrepreneurs<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Managing insurance without a broker is like entering the market without a map. Many &#8220;unseen&#8221; risks only emerge when a claim occurs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Insurance brokers such as L&amp;G Insurance Broker have a strategic role:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Analyze Business Risks in Detail, from location risks, production processes, safety, to business contracts.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Designing the Right Insurance Program. Including choosing the best policy type, limit, deductible, and wording.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Finding the Best Insurer. Brokers are not tied to a single insurance company.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Premium Negotiation &amp; Policy Clauses. Brokers always fight for the interests of the insured, not the insurer.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Assisting in the preparation of claim documents, including coordination with loss adjusters.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Policy monitoring, endorsements, and renewals. This ensures that no policies expire.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Providing Risk Management Training. For client teams in factories or projects.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">In other words, without a broker, investors are highly vulnerable to losses when claims occur.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Real Case Study \u2013 How Brokers Saved Vietnamese Entrepreneurs<\/span><\/h3>\n<p><b>Case:<\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">A Vietnamese company opened a chemical plant in Cikarang. In its first year of operation, a minor explosion occurred in one of the reactor tanks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Loss:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Facility damage: Rp. 25 billion<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">45-day production disruption: Rp 10 billion<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Additional engine damage: Rp 4 billion<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Total loss: Rp. 39 billion<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b>How does L&amp;G help?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The IAR and BI policies were previously drafted by L&amp;G.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">L&amp;G&#8217;s claims team handles the investigation and negotiations with the loss adjuster.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">All claim documents are prepared properly.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Within 90 days, the claim was paid in full by the international insurer and reinsurer.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The company continues to operate without losing cash flow.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Why L&amp;G Insurance Broker is Right for Vietnamese Entrepreneurs<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">L&amp;G has more than experience<\/span><b>30 years<\/b><span style=\"font-weight: 400;\">in handling multinational companies from various countries such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Malaysia<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Singapore<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">China<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">India<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Korea<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Japan<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Europe<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">L&amp;G Advantages:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Expert in handling EPC projects, factories, logistics, mining, renewable energy, and financial risk.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Has a wide network with more than 70 Indonesian insurance companies.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Underwriter and claims team experienced in high-value cases.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Operates with CRM and LIGASYS technology which makes policy monitoring easier.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">L&amp;G is not just a broker, but a strategic business partner.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Protect Your Investment, Protect Your Future<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Vietnamese investment in Indonesia has a bright future. However, without proper risk protection, a small incident can lead to significant losses that halt business operations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Using an Indonesian insurance broker like L&amp;G Insurance Broker is the safest, most economical, and most professional way to:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">protect assets,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">maintaining business continuity, and<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">ensure claims are paid in full when a disaster occurs.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">For every Vietnamese entrepreneur, the wisest decision is:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cUse an Indonesian insurance broker from the first day you start doing business in Indonesia.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">L&amp;G is ready to assist you.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b><i>Disclaimer:<\/i><\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">The names, locations, and case studies in this article are fictitious and are intended solely for general educational purposes for Vietnamese entrepreneurs and investors operating in Indonesia. The information provided does not replace professional advice and may vary depending on business conditions, project location, industry type, and insurance company policies. For official recommendations and more accurate analysis, please consult directly with an L&amp;G Insurance Broker.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2014<\/span><\/p>\n<p><b>DON&#8217;T WASTE YOUR TIME AND SECURE YOUR FINANCIAL AND BUSINESS WITH THE RIGHT INSURANCE.<\/b><\/p>\n<p><b>HOTLINE L&amp;G 24 JAM:<\/b><a href=\"https:\/\/wa.me\/628118507773?text=Halo%20Liberty,%20Saya%20sudah%20berkunjung%20ke%20website%20lngrisk.co.id.%20Boleh%20saya%20tanya%20lebih%20jauh?\"><b> 0811-8507-773<\/b><\/a><b>(CALL \u2013 WHATSAPP \u2013 SMS)<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Website:<\/span><a href=\"http:\/\/lngrisk.co.id\"><span style=\"font-weight: 400;\"> lngrisk.co.id<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Email: halo@lngrisk.co.id<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2014<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>When Mr. Nguyen, a Vietnamese entrepreneur, opened an electronics factory in an industrial area in Bekasi, he was optimistic about the potential growth of the Indonesian market. Production ran smoothly for several months, until one night the factory alarm went off. A small short circuit caused a spark in one of the electrical panels, sparking [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":9204,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1436,37],"tags":[1464,1463],"class_list":{"0":"post-9203","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-industri-manufaktur","8":"category-risk-recommendation","9":"tag-pabrik-elektronik","10":"tag-vietnam"},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/9203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/comments?post=9203"}],"version-history":[{"count":1,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/9203\/revisions"}],"predecessor-version":[{"id":9205,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/9203\/revisions\/9205"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/media\/9204"}],"wp:attachment":[{"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/media?parent=9203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/categories?post=9203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/tags?post=9203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}