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Malacca Trust Wuwungan Insurance

Indonesian general insurer founded in 1952, operating nationwide under the MTWI brand.

Last updated September 27, 2026

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Overview

PT Malacca Trust Wuwungan Insurance Tbk, commonly shortened to MTWI, is an Indonesian general insurance company whose roots go back to 1952, when it was established as N.V. Maskapai Asuransi Umum Wuwungan. It began commercial operations in 1953 and later obtained a general insurance operating licence from the Indonesian Minister of Finance (Decision No. KEP-6650/MD/1986, dated 13 October 1986). After converting into a public company (Perusahaan Terbuka), it received a further updated licence from the Financial Services Authority (OJK) under No. KEP-852/NB.11/2018. MTWI focuses on general (non-life) insurance for individuals and businesses across Indonesia. Its product range, as presented on its official website, covers motor vehicle insurance, property insurance (homes and offices), marine cargo / goods-in-transit insurance, travel insurance, personal accident insurance and health insurance. The company markets itself with the tagline "No Hassle, For Sure", positioning its cover as straightforward and dependable for everyday risks. The brand is headquartered in Indonesia and serves the domestic market nationwide, describing its health protection solutions as available "kapanpun dan di manapun di seluruh Indonesia" (anytime and anywhere across Indonesia). It is a listed Indonesian company (Tbk), reflecting its status as a public entity on the Indonesian market, though detailed shareholder and listing information is not contained in the available evidence. Because the available sources are limited to the company's own website and a brief Wikidata entry identifying it as an Indonesian company, this dossier is necessarily concise. It should be expanded with verified details on ownership, listing venue and ticker, leadership, financial results and corporate history as reliable sources become available.

History

The company now known as PT Malacca Trust Wuwungan Insurance Tbk was founded in 1952 under the name N.V. Maskapai Asuransi Umum Wuwungan. Its stated purpose was to operate in the field of general insurance, and it began commercial operations in 1953. In 1986 the company obtained an operating licence as a general insurance company, granted by the Minister of Finance of the Republic of Indonesia through Decision No. KEP-6650/MD/1986 dated 13 October 1986. This licence formalised its position as a regulated general insurer in the Indonesian market. At some point the company changed its name to PT Malacca Trust Wuwungan Insurance and, in connection with its conversion into a public company (Perusahaan Terbuka, indicated by the "Tbk" suffix), it obtained an updated licence issued by the Indonesian Financial Services Authority (OJK) under No. KEP-852/NB.11/2018. The company continues to operate as a general insurer serving the Indonesian market, offering motor, property, cargo, travel, personal accident and health insurance products. The available evidence does not specify the exact dates of the name change, the public listing, or the identity of controlling shareholders, so those details should be verified against primary regulatory filings before being added.

  • 2018

    Received updated licence from OJK (No. KEP-852/NB.11/2018) in connection with becoming a public company.

  • 1986

    Obtained general insurance operating licence from the Minister of Finance (No. KEP-6650/MD/1986, 13 October 1986).

  • 1953

    Began commercial operations.

  • 1952

    Founded as N.V. Maskapai Asuransi Umum Wuwungan.

Products and positioning

General insurer offering straightforward, dependable non-life cover nationwide in Indonesia under the tagline "No Hassle, For Sure".

  • Motor vehicle insurance

    Protection for cars against various types of loss, marketed as making driving safer and more comfortable.

  • Property insurance

    Protection for home and office assets.

  • Marine cargo / goods-in-transit insurance

    Cover for shipped goods, ensuring deliveries are protected.

  • Travel insurance

    Protection against incidents and losses arising during travel.

  • Personal accident insurance

    Cover for various personal accident risks.

  • Health insurance

    Health protection solutions for individuals and families across Indonesia.

Sources2 sources

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