OJK launches insurance agent, policy databases to boost transparency

The policy database collects monthly data on life and general insurance policies.

Indonesia’s Financial Services Authority (OJK) has launched two new systems: the Insurance Agent Database and the Insurance Policy Database. It is said to be part of its digital transformation push, reported Antara News.

The agent database provides a central, publicly accessible record of registered insurance agents, integrated with OJK’s licensing platform and verified via QR codes. 

The policy database collects monthly data on life and general insurance policies through the APOLO reporting system, covering policyholder details, benefits, and risk management.

OJK says the move aims to improve supervision, data governance, and public trust. 

The effectiveness of both systems will depend on active participation from insurers, agents, and industry stakeholders.