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BIC has embarked on an ambitious project to reduce its carbon footprint. With thousands of clients, the company prints tens of thousands of pieces of paper annually. Apart from manufacturers having to cut down trees to produce the high quality white A4 paper that is used to print policy documentation, printing involves the use of laser toner which is hard to recycle. The running of high capacity laser printers and the physical distribution of policy documents to clients by road and by rail also consumes a lot of energy which adds to our overall carbon footprint.
The new “Going Green” project aims to reduce the amount of paper that is printed and enable the electronic distribution of policy and other documentation to clients via email where possible. The project also aims to encourage clients to submit policy and claim information to BIC in an electronic format where possible.
BIC is also scanning thousands of its claims and underwriting files and converting them into electronic files thus freeing up office space and reducing the need for additional office space which is inherently energy inefficient.
Whilst it is not possible to have a completely paperless office, BIC hopes to do its small part to tackle global warming and encourages others to do the same. |
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Botswana Insurance Company Maintains A+ Rating, Positive Outlook |
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January 2012
Global Credit Rating Co (“GCR”) has reaffirmed Botswana Insurance Company Limited’s (“BIC”) Botswana Pula currency claims paying ability rating at A+ (single A plus). Furthermore, the rating has been maintained on positive outlook. The rating signifies BIC’s high claims paying ability and above average protection provided to policyholders.
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Claims Department Hosts Brokers |
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BIC’s Claims Department recently hosted a Broker Forum. The aim of the forum was to update brokers on the new claims process, receive feedback from brokers on the new process and to enhance the current relationship between BIC’s Claims Department and brokers. Items that were discussed were to make brokers aware of the necessary requirements for lodging a claim as well as to open communication lines between brokers and BIC. |
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Agents Converge on BIC House |
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BIC recently hosted an Agent Forum at BIC House in Gaborone. The main aim of the conference was to update BIC's agents from all over the country on BIC's wide range of insurance products so that agents can fulfil their mandate of providing insurance buyers with sound advice.
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