Company vision and mission
* Our Vision
“To improve the quality of life in Myanmar by providing the right insurance solutions for all”
* Our Mission
KBZ MS General Insurance is dedicated to providing insurance products that provide quality process with value pricing. We wish to establish a successful partnership with our clients, our staff members, and companies in industries that respect the interests and goals of each party.”
* Our Commitments
Our fundamental commitments to deliver sustainable excellence in our business performance lie in:
• Providing quality services that satisfy the needs of our
• Constantly striving for operational distinction in claim-handling
• Administering accurate policies and endorsements on time
• Maintaining the integrity of our corporate reputation through honesty
* Our People
KBZ MS conducts its business through eighteen operating divisions: Yangon, Mandalay, Taungyi, Mawlamyine, Monywa, Magwe, Pathein, Lashio, Nay Pyi Taw, Myeik, Myintkyinar, Bago, Meikhtilar, Pyay, Pakokku, Sittwe, Myingyan and Kalay. Each division is managed by talented underwriters and staffed by skilled pricing professionals, claims professionals, auditors, and energetic sales staff, all with local expertise and the technical resources to assess and underwrite risk. We offer products with the capacity to listen, understand the need and design the appropriate solution for our business partners. Our diverse platform and strong capitalization provide a stable market to our business partners across all lines of business.
* Our Products
“Our clients and partners benefit from extensive knowledge and experience that enables us to develop creative, tailored solutions to meet their needs.”
KBZ MS offers altogether eight service products in the insurance market. Generally, it falls into below categories:
* Fire and Allied Perils Insurance
* Comprehensive Motor Insurance
* Cash Insurance
- Cash In Safe Insurance
- Cash In Transit Insurance
- Fidelity Insurance
* Personal Accident Insurance
* Cargo Insurance
* Travel Insurance
* Marine Hull Insurance
* KBZ MS Arrawjan
What we do
* Established in September 2012 as part of KBZ Group of Companies under the name of IKBZ Insurance Co. Ltd., KBZ MS is the first officially licensed private insurance provider in Myanmar. The minimum paid-up capital is (40) billion Kyats which is equivalent to (26.4) million USD. In November 2019, IKBZ Insurance entered into a joint venture with Japanese insurance giant MSI and took on the new name of KBZ MS.
* We have a presence in Nineteen (19) Cities with twenty-one (21) branches including Yangon, Mandalay, Nay Pyi Taw, Taunggyi, Pyay, Pathein, Sittwe, Magway, Meikhitlar, Pakkouku, Monywa, Kalay, Myitkyinar, Lashio, Bago, Mawlamyine, Myeik, Myingyan and Tachileik.
* Our products cover the full range of general insurance needs from motor insurance to property, fire, shipping and health insurance for individual and groups.
* KBZ MS is always committed to providing the best service to our customers, implementing Global Standards in Operations and Corporate Governance, ably assisted by our qualified staff and professional agents.
* Headquartered in Yangon, KBZ MS has an extensive network, backed by KBZ Group with many thousands of Insurance customers across Myanmar. Using International Management Methods, Technology and Marketing to expand our customer base, we are “Insurance You Can Rely On” and our 24 Hours Customer Contact Center Service will ensure your peace of mind.
Why you should join us
We are developing and growing our business through our people. Joining us at KBZ MS, you will work on an incredible variety of projects so you can be sure of career diversification and exposure to various areas of business.
Our workplace and culture
METTA, THETTI and VIRYA
Loving Kindness, Perseverance and Courage