The Indonesian insurance industry needs more professionals with knowledge of the business in order for its huge prospects to be tapped.
Mr Elmira Oepangat, an insurance practitioner who was the initiator of a reunion of former employees of MLC Life Indonesia, said: "We need the right strategy to be able to reach the target market segment.”
“One strategy is to place competent people,” he said. "In managing insurance business, the industry needs competent people who understand the insurance business and who have high integrity and professionalism."
According to him, the industry's need for professional experts is the reason that the regulators ask companies to hire and register certified staff.