Khaberni - Amman - In cooperation with Jordan Kuwait Bank, the Gulf Insurance Group - Jordan launched the CliQ instant payment system to settle its payments to medical service providers and others in various insurance branches, thus becoming one of the first insurance companies in the kingdom to adopt this system.
This agreement is part of the efforts of both parties to enhance digital transformation, develop financial operations efficiency, and adopt advanced electronic payment solutions that allow companies to conduct their transactions more smoothly and quickly, thereby enhancing their ability to manage cash flows more effectively and improve service levels.
Under this agreement, Gulf Insurance Group - Jordan will enable payments and settlements to be made instantly, which will contribute to improving cash flow management and facilitating operational processes through instant and secure settlements, thus enhancing the efficiency of payment operations and positively reflecting on the insured and the service recipient.
In this context, Haitham Al-Bateekhi, CEO of Jordan Kuwait Bank Group, said: "We are pleased that Gulf Insurance Group - Jordan has chosen Jordan Kuwait Bank as a banking partner in its journey towards digital transformation. Enabling the insurance sector to benefit from the CliQ system features reflects our vision of providing an advanced financial environment that allows our corporate customers to conduct their financial transactions with the highest degrees of speed and reliability, positively impacting the service system offered to citizens."
For his part, Dr. Ali Al-Wazni, CEO of Gulf Insurance Group - Jordan, stated: "This step is an extension of our strategic vision to enhance digital transformation and improve the efficiency and speed of financial transactions. We believe that this cooperation embodies our ongoing commitment to innovation and the adoption of the latest digital solutions, which contributes to improving the efficiency of our payment operations and enhances the satisfaction of service providers through instant and secure settlements, along with its positive and direct impact on the insured and service recipients by accelerating procedures and improving the quality of the service experience provided."
This collaboration reflects both sides' commitment to supporting the electronic payment ecosystem in the kingdom, and enhancing integration between the banking and insurance sectors by adopting modern financial technologies that contribute to building a more advanced and efficient financial environment.
