Ensuring Energy Sustainability for the Community, Pertamina Encourages Partners to Have Insurance

Jakarta, April 23, 2021 - PT Pertamina (Persero) always encourages its partners, especially distribution agencies such as the Public Petrol Filling Station (SPBU) and Pertamina Shop (Pertashop), to have insurance. This insurance is intended to protect Partners' assets, which indirectly also protects the community's energy needs.

SVP Corporate Communications & Investor Relations of Pertamina Agus Suprijanto said Pertamina had a mandate to ensure energy security through 4A + 1S, namely Availability, Accessibility, Affordability, Acceptability, and Sustainability. Pertamina must be able to ensure the availability of energy that can be accessed easily by the public.

"By having insurance, we hope that the continuity of business partners such as petrol stations and Pertashop can be guaranteed. Therefore, Pertamina's efforts to provide energy for consumers are maintained," said Agus.

President Director of Tugu Insurance, Indra Baruna, said that the owners of Petrol stations and Pertashop need insurance protection. It is to reduce the various risks of loss due to unexpected events that can cause physical damage to assets, financial losses, and business disruption.

"Without insurance protection, petrol stations and Pertashop business owners will bear a heavy burden to recover their business if there is a risk of loss," said Indra Baruna.

By having adequate insurance, the Partner will benefit from insurance protection that will turn losses into compensation, which can keep the business running.

Tugu Insurance has collaborated with Subholding Commercial & Trading Pertamina in providing insurance protection for activities at petrol stations and Pertashop along with easiness for Partners to get integrated services at Tugu Insurance. This cooperation was outlined in the MOU on April 14, 2021.

"The insurance is expected to provide security and reassurance in the oil and gas industry for all parties," Agus concluded.