AAJIAsosiasi Asuransi Jiwa Indonesia (Indonesian: Life Insurance Association of Indonesia)
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In addition to joint venture banks and private banks, AAJI also recorded two Regional Development Banks (BPD) opening business in bancassurance.
According to AAJI in 2010, there were 89 banks having bancassurance program and 8,369 marketing officers of bancassurance hold the AAJI certificate.
The AAJI said by December, 2006, there were 25 banks having bancassurance programs and 8,369 bancassurance marketing officers had received AAJI certificates.
In a bid to increase the number of skilled agents in life insurance industry, AAJI will speed up the process of certification of agents through annual routine program.
Based on data at the AAJI (Association of Indonesian Life Insurance) insurance companies have not fully exploited the potential of insurance market in Indonesia.