{"id":9277,"date":"2025-12-03T14:20:09","date_gmt":"2025-12-03T07:20:09","guid":{"rendered":"https:\/\/ligaasuransi.com\/?p=9277"},"modified":"2025-12-03T14:20:09","modified_gmt":"2025-12-03T07:20:09","slug":"di-balik-layar-pembangunan-timor-leste-peran-broker-indonesia-dalam-menghadirkan-jaminan-asuransi-berstandar-internasional","status":"publish","type":"post","link":"https:\/\/ligaasuransi.com\/en\/di-balik-layar-pembangunan-timor-leste-peran-broker-indonesia-dalam-menghadirkan-jaminan-asuransi-berstandar-internasional\/","title":{"rendered":"Behind the Scenes of Timor-Leste&#8217;s Development: The Role of Indonesian Brokers in Providing International-Standard Insurance Coverage"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">That morning, the L&amp;G Insurance Broker office received an email with a striking title:<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u201cURGENT \u2013 Insurance Requirement Not Compliant \u2013 Project May Be Terminated\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The email came from an Indonesian contractor working on a major civil engineering project in Timor-Leste. The problem was simple yet very serious:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The owner rejected the insurance policy submitted.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to them, the policy capacity and wording do not meet international standards.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Meanwhile, local insurance companies in Timor Leste are no longer able to increase the coverage limit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The contractor was given seven days to repair the police.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Otherwise\u2014their contracts will be cancelled.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As many began to panic, L&amp;G was called in to intervene.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And this is the rarely seen story from behind the scenes of Timor Leste&#8217;s development.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Why Are Many Major Projects in Timor Leste Being Carried Out by Indonesian Contractors?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">There are several strong reasons why Indonesian companies dominate development in Timor Leste:<\/span><\/p>\n<ol>\n<li><b> Indonesian expertise and experience are more mature<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Indonesian contractors have experience handling:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">infrastructure projects<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">dam<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">bridge<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">energy facilities<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EPC project<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">housing and public facility development<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Timor Leste owners feel safer working with contractors from Indonesia.<\/span><\/p>\n<ol start=\"2\">\n<li><b> Cost efficiency and speed of execution<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Indonesian companies are more competitive and have complete resources ranging from human resources, materials, to heavy equipment.<\/span><\/p>\n<ol start=\"3\">\n<li><b> Near geographical location<\/b><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cheap logistics costs<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fast mobilization time<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Easy coordination<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">However, there is one big challenge:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Insurance coverage for large projects is often beyond the reach of local Timorese insurance companies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is no one&#8217;s fault\u2014it&#8217;s just market conditions.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Timor Leste&#8217;s Insurance Capacity Limitations<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Timor-Leste is a young country, and its insurance industry is still in its infancy. Challenges facing the local market include:<\/span><\/p>\n<ol>\n<li><b> Small capacity limit<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Large projects require guarantees of up to:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">USD 10 million \u2013 100 million for CAR\/EAR<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">USD 5 million \u2013 20 million for Public Liability<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">USD 5 million \u2013 50 million for Marine Hull &amp; Project Cargo<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The local market is not yet able to meet this.<\/span><\/p>\n<ol start=\"2\">\n<li><b> The risks are very technical<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Engineering risk requires:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">experienced underwriter<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">global reinsurer support<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">specialized technical surveyor<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ol start=\"3\">\n<li><b> International wording such as FIDIC is not yet common<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Overseas owners often ask for specific wording, for example:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">LEG clause<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Delay in Start-up (DSU)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">72 Hours Clause<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Vibration, Removal &amp; Weakening<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Principal-Arranged Insurance<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Not all local insurances have this.<\/span><\/p>\n<ol start=\"4\">\n<li><b> Limited reinsurance<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Without the support of a major reinsurer, the limit cannot be increased.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">This is where Indonesian Insurance can fill the void.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A high-quality and large-capacity Indonesian insurance company can actually provide guarantees for projects and assets located in Timor Leste, as long as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">risk assessment is carried out<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">territorial limits expanded<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">customized wording<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">underwriting approved by insurance companies and OJK<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">broker provides complete supporting documents<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">As a country with a more developed insurance industry, Indonesia has:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">large engineering capacity<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">international reinsurer support<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">expert underwriter<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">experience handling multi-country projects<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">However, there is a common misconception:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Many people think that Indonesian policies are only valid in Indonesia.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">That is not true.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As long as the policy is extended and a risk assessment is conducted, the Indonesian policy is valid for use on projects in Timor Leste.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Action Point: Why Isn&#8217;t Indonesian Jurisdiction an Issue?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Project owners often ask:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;If a claim occurs, what is the legal basis? What if the insured is in Timor Leste and the policy is in Indonesia?&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The facts:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2714<\/span><span style=\"font-weight: 400;\">The police are valid based on the laws of the country where the police are issued.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because the policy is issued in Indonesia \u2192 it follows Indonesian law.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2714<\/span><span style=\"font-weight: 400;\">Claims are settled technically, not through litigation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Insurance industry 95% of claims are settled by:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">guarantor<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">insured<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">broker<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">loss adjuster<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">\u2714<\/span><span style=\"font-weight: 400;\">International arbitration is available in case of disputes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Each party appoints experts\u2014even from any country.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2714<\/span><span style=\"font-weight: 400;\">Loss adjusters can come from anywhere<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For projects in Timor Leste, adjusters can be from:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Indonesia<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Portugal<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Australia<\/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;\">Malaysia<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">or local Timor Leste adjusters.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">With this process, national borders are no longer an obstacle.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Behind the Scenes: The Role of Insurance Brokers That Is Unseen by the Public<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Often people only see the end result\u2014policies issued, projects running, claims paid.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But what is not visible is the role of brokers who work hard behind the scenes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the case of the civil project that was threatened with cancellation, L&amp;G did several important things:<\/span><\/p>\n<ol>\n<li><b> Analyze the guarantee requirements according to the project contract<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">The project contract requires:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">CAR\/EAR with large limits<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">DSU (Delay in Start-Up)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Third Party Liability<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cross Liability Clause<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">72-Hours Clause<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automatic Reinstatement<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">L&amp;G maps all these needs.<\/span><\/p>\n<ol start=\"2\">\n<li><b> Assess the risk (risk assessment)<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">L&amp;G studied:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">project location<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">development stages<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">potential hazard<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">risk value<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ol start=\"3\">\n<li><b> Submit a proposal to an Indonesian insurance company<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">L&amp;G prepares professional underwriting documents to reassure insurers.<\/span><\/p>\n<ol start=\"4\">\n<li><b> Explain to the owner and the government of Timor Leste<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">That the Indonesian police:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">legal<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">large capacity<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">strong reinsurance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">wording can follow international standards<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ol start=\"5\">\n<li><b> Negotiate wording and rates<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">So that Indonesian contractors meet the owner&#8217;s requirements.<\/span><\/p>\n<ol start=\"6\">\n<li><b> Settling claims in case of damage<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Brokers are the most loyal party to the insured.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Without brokers, contractors would be left to fend for themselves against insurers, reinsurers, and adjusters.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">True Story: A Civil Project That Almost Failed Finally Underway<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">L&amp;G works extra fast.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Within 72 hours, L&amp;G:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">contacting a large capacity Indonesian insurance company<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">submit a risk assessment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">expand territorial coverage<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">adjust wording according to FIDIC<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">send official clarification to the owner<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">provide an international arbitration mechanism<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">prepare a letter of guarantee and a complete policy<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The result?<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The owner stated that the policy is of good quality and valid.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Contract running.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The project was saved.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">And good relations were established between the Indonesian contractor and the Timor Leste project owner.<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">What are the Benefits of Using Indonesian Insurance for Projects in Timor Leste?<\/span><\/h3>\n<ol>\n<li><b> Large capacity<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Limits of up to tens of millions of USD can be provided.<\/span><\/p>\n<ol start=\"2\">\n<li><b> Wording according to international standards<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Including FIDIC global contracts.<\/span><\/p>\n<ol start=\"3\">\n<li><b> More competitive prices<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Because the Indonesian market is bigger.<\/span><\/p>\n<ol start=\"4\">\n<li><b> Reinsurance global<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Improve financial security.<\/span><\/p>\n<ol start=\"5\">\n<li><b> Claims can be handled professionally<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">International loss adjusters can be appointed at any time.<\/span><\/p>\n<ol start=\"6\">\n<li><b> Support from brokers such as L&amp;G<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">To ensure the smooth running of the entire process.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Conclusion: The Strengthening Collaboration Between Indonesia and Timor Leste<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Timor Leste&#8217;s development requires the best support.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">And Indonesia\u2014with its more mature insurance industry capacity\u2014can be a strategic partner in providing high-level risk protection.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With professional assistance from L&amp;G Insurance Broker, national borders are no longer a barrier to providing the best protection for infrastructure, energy, maritime projects, and other assets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Indonesian Insurance + Professional Brokers = Safer and More Sustainable Development in Timor Leste.<\/span><\/p>\n<p><b>\u2014<\/b><\/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><b>Website:<\/b><a href=\"http:\/\/lngrisk.co.id\"><b> lngrisk.co.id<\/b><\/a><b>\u00a0<\/b><\/p>\n<p><b>Email: <\/b><a href=\"mailto:halo@lngrisk.co.id\"><b>halo@lngrisk.co.id<\/b><\/a><b>\u00a0\u00a0<\/b><\/p>\n<p><b>\u2014<\/b><\/p>\n<p><b>Disclaimer\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">This article is intended for educational purposes regarding cross-border insurance underwriting practices and should not be construed as legal advice or a final recommendation for a policy. Each risk and project has unique characteristics that require specific analysis by licensed insurance companies and brokers. Readers are advised to consult with professionals before making any decisions regarding insurance coverage, especially for projects or assets located outside of Indonesian jurisdiction.<\/span><\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>That morning, the L&amp;G Insurance Broker office received an email with a striking title: \u201cURGENT \u2013 Insurance Requirement Not Compliant \u2013 Project May Be Terminated\u201d The email came from an Indonesian contractor working on a major civil engineering project in Timor-Leste. The problem was simple yet very serious: The owner rejected the insurance policy submitted. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":9278,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[559,1465],"class_list":{"0":"post-9277","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-risk-management","8":"tag-risk-management","9":"tag-timor-leste"},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/9277","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=9277"}],"version-history":[{"count":1,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/9277\/revisions"}],"predecessor-version":[{"id":9279,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/9277\/revisions\/9279"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/media\/9278"}],"wp:attachment":[{"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/media?parent=9277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/categories?post=9277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/tags?post=9277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}