Press Release

FWD Insurance and PJI support Indonesian students to win the JA SparktheDream Asia Pacific social innovation competition

25 November 2024

PT FWD Insurance Indonesia (“FWD Insurance”) and Prestasi Junior Indonesia (“PJI”) proudly celebrate the achievement of students from SMPN 6 Depok and SMP Pembangunan Jaya Tangerang Selatan, who won first and second places in the JA SparktheDream Social Challenge – 2024 Asia Pacific Final, organized by FWD Group in collaboration with Junior Achievement Asia Pacific on Thursday, November 14. This event facilitates students from seven markets in Asia, including Hong Kong SAR, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam, to showcase their social innovation projects that contribute to the growth of financial literacy and inclusion among the youth.

The team from SMPN 6 Depok, who claimed the top prize in the competition, presented Rebud, a financial education mobile app for teenagers that uses games, quizzes, and homework challenges. Meanwhile, the team from SMP Pembangunan Jaya, who secured second place, introduced their idea, The Daily Spark of Money — an innovative desk calendar featuring daily savings records, financial-themed games, and motivational quotes and achievement stickers to encourage users. Their idea outperformed that of Lac Hong Bilingual School from Vietnam, who also took second place, and SMK Pusat Bandar Puchong 1 from Malaysia, who came in third.

Rudy F. Manik, Chief Human Resources & Marketing Officer FWD Insurance, stated, “FWD Insurance is committed to enhancing financial literacy and inclusion in the Indonesian community by empowering the youth to create relevant and innovative financial solutions. We are immensely proud of this significant achievement, which also keeps Indonesia at the top for a second consecutive year. Through this competition, we hope the students gain valuable insights from the creative solutions presented by teams across the Asia Pacific. This cross-border exchange of inspiration enriches their understanding of financial challenges and solutions across different cultures.”

Pribadi Setiyanto, Chairman of the Executive Board Prestasi Junior Indonesia, expressed, “This event allows Indonesian students to develop their social awareness and critical thinking skills while engaging with important social issues. They can explore their creativity and turn their dreams into practical solutions that positively impact society. We hope this initiative will inspire the younger generation to continue innovating and contributing to meaningful social change.”

The participation of Indonesian students in the JA SparktheDream Social Challenge represents a significant step towards building financial awareness from a young age. Since 2023, this program has empowered over 3,500 students with the knowledge and skills necessary for effective personal financial management, enabling them to take control of their financial futures. The innovative projects and ideas presented by these students demonstrate the immense potential of the younger generation to create inclusive solutions for the future. FWD Insurance is committed to providing support for programs aimed at enhancing financial literacy and inclusion for the people of Indonesia.

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