Stanbic IBTC Insurance coverage passes audit certification

Stanbic IBTC Insurance coverage Restricted, a subsidiary of Stanbic IBTC Holdings, has introduced that it has efficiently handed a complete audit.

This has resulted within the issuance of an IQNET-recognised certificates confirming that the corporate has applied and maintained a high quality administration system by DQS Holding. This technique covers the scope of life insurance coverage and fulfills the necessities of the next normal: ISO 9001:2015.

This was revealed in a current assertion from the insurance coverage firm.

DQS Holding GmbH is the holding firm of the worldwide DQS Group, a Frankfurt-based group that gives assessments and certifications of administration techniques and processes of any kind.

Expressing enthusiasm in regards to the certification, Chief Government of Stanbic IBTC Insurance coverage, Akinjide Orimolade, mentioned, “We’re thrilled to obtain this certification, which recognises our dedication to upholding the very best requirements of governance and accountability. This accomplishment displays our distinctive workforce’s exhausting work and dedication and reinforces our promise to our purchasers and stakeholders.”

He additional emphasised the significance of belief throughout the insurance coverage trade, acknowledging that it’s foundational to constructing long-lasting relationships with purchasers. He remarked, “In a sector the place purchasers have to really feel safe and valued, we perceive that belief is essential. Our workforce’s dedication to transparency and moral practices has been paramount in establishing this belief.”

Akinjide reiterated that as a part of its mission to offer high quality insurance coverage services and products, Stanbic IBTC Insurance coverage Restricted will proceed to attempt for excellence and uphold stringent trade requirements.

“The current certification is a crucial milestone that additional enhances the corporate’s profile as a number one insurer out there. It reinforces our fame for reliability and integrity whereas demonstrating our readiness to satisfy future challenges and alternatives within the insurance coverage panorama,” he mentioned.

“To that finish, we’re devoted to investing in our individuals, processes, and expertise to make sure we stay on the forefront of the insurance coverage trade. We are going to proceed to take heed to our purchasers’ suggestions, search modern options to their wants, and adapt our providers accordingly. Our purpose is to satisfy and exceed the expectations of those that belief us,” Akinjide concluded.

The audit course of assessed varied operational features, monetary practices, and adherence to regulatory requirements, highlighting Stanbic IBTC Insurance coverage Restricted’s dedication to exceeding trade finest practices and fostering an surroundings of integrity and accountability.

As a supplier of insurance coverage options, Stanbic IBTC Insurance coverage Restricted mentioned that it recognises the significance of sustaining buyer confidence. The profitable completion of the audit, together with the IQNET-recognised certification, enhances the corporate’s fame out there and strengthens its relationships with valued purchasers. Furthermore, it displays a proactive method to danger administration and organisational governance, that are important parts in safeguarding the pursuits of policyholders.

Stanbic IBTC Insurance coverage Restricted added that it’s targeted on enhancing buyer belief and making certain monetary stability.

“The corporate is dedicated to steady enchancment and innovation in its service choices, enabling it to reply successfully to the evolving wants of its purchasers. This achievement is a basis for the corporate to construct upon because it strives to offer excellent insurance coverage options, prioritising buyer satisfaction and safety,” the assertion affirmed.