In cooperation with Jordan Kuwait Bank, Gulf Insurance Group – Jordan has launched the CliQ instant payment service to facilitate payments to medical service providers and other partners across its various insurance lines, making it one of the first insurance companies in the Kingdom to adopt this system.
This agreement reflects the shared commitment of both parties to advancing digital transformation, enhancing the efficiency of financial operations, and adopting advanced electronic payment solutions. These solutions enable faster and more seamless transaction processing, improve cash flow management, and contribute to a higher overall level of service.
Under the agreement, Gulf Insurance Group – Jordan will be able to execute instant payment and settlement transactions, supporting more efficient cash flow management and streamlining operational processes through secure, real-time settlements. This enhancement will improve payment efficiency and deliver tangible benefits to insured members and service recipients alike.
Commenting on the agreement, Haethum Buttikhi, Chief Executive Officer of Jordan Kuwait Bank Group, said, “We are pleased that Gulf Insurance Group – Jordan has chosen Jordan Kuwait Bank as its banking partner in its digital transformation journey. Enabling the insurance sector to benefit from the features of the CliQ system reflects our vision of providing an advanced financial environment that allows our corporate clients to complete their transactions with the highest levels of speed and reliability, positively impacting the overall services ecosystem for citizens”.
Dr. Ali Al-Wazni, Chief Executive Officer of Gulf Insurance Group – Jordan, added, “This step aligns with our strategic vision to accelerate digital transformation and enhance the speed and efficiency of financial transactions. This collaboration reflects our continued commitment to innovation and the adoption of the latest digital solutions, improving payment efficiency and increasing service provider satisfaction through secure, instant settlements. It also has a direct and positive impact on insured members and service recipients by expediting procedures and enhancing the overall service experience”.
This collaboration underscores both parties’ dedication to supporting the Kingdom’s electronic payment ecosystem and strengthening integration between the banking and insurance sectors through the adoption of modern financial technologies, contributing to a more advanced and efficient financial environment.