About Us
- KBZMS General Insurance Company Limited is a joint venture between KBZ GI Holding Company with Japanese insurance giant Mitsui Sumitomo Insurance (MSI). Established in June 2012 under the name of IKBZ Insurance Co. Ltd., the company entered into a joint venture with MSI and took on the new name of KBZMS General Insurance Co Ltd in November 2019. IKBZ is the first officially licensed private insurance provider in Myanmar.
- KBZMS is present in twenty (20) cities with twenty-two (22) branches including Yangon, Mandalay, Nay Pyi Taw, Taunggyi, Pyay, Pathein, Sittwe, Magway, Meikhtila, Pakokku, Monywa, Kalay, Myitkyina, Lashio, Bago, Mawlamyine, Myeik, Myingyan,Tachileik, and Hinthada. It’s products cover the full range of general insurance needs from motor comprehensive insurance to marine, fire and health insurance for individuals and groups. Starting from October 1, 2020, KBZMS expanded its product portfolio with Commercial Lines covering Industrial All Risk, Construction All Risk/Erection All Risk and Bailee’s Liability Insurance products.
- KBZMS is committed to providing the best service to customers, operating at international best practice standards in Operations and Corporate Governance, ably assisted by our qualified staff and professional agents. Headquartered in Yangon, KBZMS has an extensive network with thousands of insurance customers across Myanmar. Internationally recognized over multiple years as the best general insurance company in Myanmar, KBZMS continues operating to achieve its mission of improving the quality of life in Myanmar through insurance by providing insurance solutions to all.
Our Vision & Our Core Values
Our Vision
" To improve the quality of life in Myanmar by providing the right insurance solutions for all. "
Our Core Values
" KBZMS is guided by a belief and a culture that runs throughout the entire organization: being good to people and doing the right thing. That is why we are driven by our three values – Metta, Thet Ti, Virya – loving kindness, perseverance and courage. "
Our Commitments
Our fundamental commitments to deliver sustainable excellence in our business performance lie in:
- Providing quality services that satisfy the needs of our clients
- 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 Products
- Fire and Allied Perils Insurance
- Comprehensive Motor Insurance
- Cash Insurance
- Personal Accident Insurance
- Cargo Insurance
- Travel Insurance
- Marine Hull Insurance
- KBZ MS Arrawjan
- Industrial All Risks Insurance (IAR)
- Contractors’ All Risks/Erection All Risks Insurance(CAR/EAR)
- Bailee’s Liability Insurance