KBL Insurance pays N2bn in claims

In a statement on Sunday, the firm’s Executive Director, Business Development, Mr Charles Ajawuihe, said payment which was prompt, came with a price.

He said, “It is our intentional investment in information technology, our Enterprise Resource Planning Software, and the upbeat groundbreaking digital solution, the IES-Online Application, which drives our speed.

“This infrastructure coupled with the drive of our highly technical professionals and resourceful workforce, I can say, is dictating the skill.”

KBL Insurance Limited said in the statement that its resolute commitment to prompt claims settlement aligned with the company’s culture of diligently meeting its obligations to its customers.

The statement said, the Managing Director, Chief Executive, Mrs Ukachi Orji, advocated for a nationwide insurance inclusion policy initiative, aimed at positioning insurance as a potent tool for economic advancement.

With a robust presence across Nigeria, she said, KBL Insurance was equipped to safeguard various assets, she said.