PT Asuransi Sumit Oto is a general insurance company founded on October 18, 2010 which is located at Plaza Simas the 6th floor, at Jalan KH Fachrudin No. 18, Jakarta attains its business permit on general insurance issued by Finance Minister as stipulated by Decree No. KEP-343/KM.10/2011 on April 25, 2011. The company starts of its commercial operation on May 4, 2011.
Basic capital of the company stands at IDR 100,000,000,000 (A hundred Billion Rupiahs) in 100,000 shares valuing nominally at IDR 1,000,000 per share. The shareholders compositions is as follows:
Establishing professional and credible insurance company by providing meaningful value to customers, reinsurance company, shareholders, and employees.