KBL Insurance Pays N1.95bn Claims

Ebere Nwoji

KBL Insurance Limited, said it has paid a total of N1.95 billion claims in the last 18 months. 

The firm’s Executive Director, Business Development, Mr. Charles Ajawuihe said the development came with a price.

According to him,the  infrastructure coupled with the drive of the company’s  highly technical professionals and resourceful workforce, is dictating the progress being made.

“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. 

 “How do we consistently make our customers happy and comfortable? How will they always think about KBL Insurance, any time it comes to general business? Achieving the requisite equilibrium, a calm state of the mind and finding appropriate answers to these questions, always occupy our mind at KBL, ” he explained.

Ajawuihe  further explained that  the company’s  commitment to prompt claims settlement aligns with its  ethos of diligently meeting its obligations to its customers. 

According to him, this is responsible for the demonstrated loyalty by several of its retail, corporate and public sector customers who have remained with the firm and have consistently done business with the underwriter in the last 20 to 25 years.