About Us
Any Ownership is never without Risks. We are proud to say that IKBZ willingly and responsibly takes care of all of your risks in safeguarding your Ownership.
- 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.
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
" KBZ MS 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
