Reliance Capital Management

With a goal to become the financial supermarket for Indonesia’s mass-market and small and medium-sized businesses, Reliance Capital Management is looking to tackle low insurance and banking penetration in one of the world’s largest countries, where the uptake of financial services is substantially lower than in neighbouring nations. 

Among its suite of diversified financial services businesses, Reliance Capital Management counts one of Indonesia’s largest group health insurers, a fast-growing life and general insurer, a listed, retail-focused, securities business, multi-finance and asset management companies, and consumer and corporate lending businesses.