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SOMPO – CNAF PARTNERSHIP

We are pleased to announce our partnership with PT CIMB Niaga Auto Finance (CNAF) starting from 01 September 2016 following the group partnership agreement between Sompo Holdings (Asia) Pte. Ltd. with CIMB Group, one of ASEAN’s largest banking groups.

On June 3, 2016, Sompo entered into a long-term regional non-life bancassurance distribution agreement with the CIMB Group. This partnership contemplates growing collaborations in four core markets namely Malaysia, Indonesia, Singapore, and Thailand, where CIMB will distribute Sompo’s non-life insurance products through it’s branch network.

PT CIMB Niaga Auto Finance is the premiere automotive finance company under PT Bank CIMB Niaga Tbk. Supported by a group of reputable banks in Indonesia, PT CIMB Niaga Auto Finance has established itself as one of the most trusted and rapidly expanding automotive financing company.

Through this partnership, Sompo Insurance Indonesia will be able to distribute Motor Vehicle Insurance product to the customers of PT CIMB Niaga Auto Finance across the 55 branches in Indonesia, including providing services such as claim service, 24 Hours Customer Contact Center, towing, and emergency road assistance services. By creating synergy and operational efficiencies, both companies are aiming to deliver better values to the customers in Indonesia.