The company was incorporated in 2004 and obtained Insurance Broker Registration License in 2005. The office of the Company is located at Adelodun House, Offa Road, Ilorin. The Company`s business activities include:
- Assisting prospective insured with developing risk management strategies appropriate to their risk profiles;
- Working with insured to find out what kinds of risks they regularly encounter, and educating insured about what policies are available for each type of risk;
- Helping insured obtain multiple layers of excess/surplus lines policies from different insurers over primary policy, etc.
In 2014, Harmony Holdings Ltd superintended the change of name of the company to HHL Insurance Brokers (HIB) Ltd from its old name Kwara Insurance Brokers Ltd (KIB). This new name gives a universal appeal, and allows HIB Ltd to operate in its niche market outside the purview of Kwara State.
HIB Ltd impressive clientele include the Joint Admssion & Matriculation Board (JAMB), Abuja, International Aviation College, Ilorin (aircraft insurance), Harmony Advanced Diagnostic Company Ltd (HADC), among others. Plans are at an advanced stage to expande its scope of operation into the oil and gas segment of the Nigerian economy.