PT Asuransi Kredit Indonesia or ASKRINDO, protects the Mandalika Circuit with Civil Engineering Completed Risk (CECR) Insurance.
Reference: Blog City and UK News and MF and 9 Naga
CECR insurance is a protection for operating business assets, especially infrastructure assets and transportation assets such as roads, bridges, docks, airport runways and dams, against the risk of loss/damage due to fire, aircraft crashes and/or impacts from equipment falling from aircraft, earthquakes, volcanic eruptions, storms, floods and landslides.
ASKRINDO Mataram Area Head, Slamet Ermayudi said, this CECR insurance protection is very important, as well as strengthening the readiness of the Mandalika Circuit in welcoming various international sporting events. This is in line with the increasingly shining Mandalika Circuit on the global stage, as well as being a major destination for sport tourism in Indonesia.
“This CECR insurance provides protection for managers of insured objects against the risk of financial loss that arises if a risk that is guaranteed in the policy occurs. With the spirit of BUMN synergy, we are committed to providing protection for the insured object of the Mandalika Circuit, hopefully all events that are held can run well and smoothly,” he added.
The Mandalika Circuit is located in the Mandalika Special Economic Zone (KEK) of Central Lombok Regency, West Nusa Tenggara Province, and is one of the Super Priority Destinations (DSP) in Indonesia. Currently, the Mandalika Circuit is managed by the Mandalika Grand Prix Association (MGPA) which is part of the Indonesia Tourism Development Corporation (ITDC), a BUMN ecosystem engaged in the development and management of the Nusa Dua tourism area, Bali and the Mandalika Special Economic Zone (KEK), Lombok.
“As we know, the exoticism of the Mandalika Circuit is a form of sport tourism that combines elements of sport, culture and natural beauty. With the issuance of the CECR insurance policy from ASKRINDO, in addition to providing protection for the Mandalika Circuit, the hope is that the growth of the tourism sector in West Nusa Tenggara can be even brighter along with the 2024 Mandalika MotoGP, World Super Bike (WSBK) Mandalika, and other prestigious and spectacular international sporting events held at the Mandalika Circuit,” he concluded.
ASKRINDO is a member of the Indonesia Financial Group (IFG) holding, a state-owned company engaged in the General Insurance and Guarantee business sector. Currently, ASKRINDO has 7 Regional Offices and 59 Branch Offices spread throughout Indonesia. In addition to CECR insurance, ASKRINDO has several other general insurance products such as Personal Accident insurance which can be accessed through the DigiAsk mobile platform, Fire insurance, Property All Risk (PAR) insurance, Construction insurance/ Contractor’s All Risk (CAR), Heavy Equipment insurance, Marine Cargo insurance and other general insurance products.
Read More Polis Asuransi CECR