Joy Agwunobi
Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings, has announced its successful completion of a comprehensive audit. This achievement has earned the company an IQNET-recognised certification for implementing and maintaining a robust Quality Management System in line with ISO 9001:2015 standards.
The certification was issued by DQS Holding GmbH, a globally respected Frankfurt-based organisation specialising in assessments and certifications of management systems and processes.
This certification underscores Stanbic IBTC Insurance Limited’s commitment to operational excellence, regulatory compliance, and industry best practices within the life insurance sector.
The rigorous audit evaluated key operational aspects, financial systems, and adherence to regulatory guidelines, further reinforcing the company’s dedication to fostering transparency, accountability, and customer trust.
The IQNET-recognised certification not only enhances the company’s reputation in the highly competitive insurance market but also demonstrates its proactive approach to risk management and organisational governance.
Highlighting the significance of the achievement, Akinjide Orimolade, chief executive of Stanbic IBTC Insurance, expressed his excitement over the achievement. “We are delighted to receive this certification, which reflects our unwavering commitment to governance, accountability, and operational excellence. It is a testament to the dedication and expertise of our team, and it strengthens our promise to our clients and stakeholders,” Orimolade said.
He further emphasised the vital role of trust in the insurance industry, noting that it serves as the cornerstone for building enduring relationships with clients. “In an industry where security and value are paramount, we understand the importance of trust. Our unwavering commitment to ethical practices and transparency has been instrumental in earning and maintaining this trust,” Orimolade added.
Orimolade reiterated the company’s mission to deliver exceptional insurance products and services while maintaining stringent industry standards. He affirmed, “We are committed to continuous improvement, investing in our people, processes, and technology to stay at the forefront of the industry. By listening to our clients, embracing innovation, and adapting to their needs, we aim to consistently exceed expectations and provide unparalleled service.”
