Logistics firm seeks to wind up insurer in claims dispute

Rajinder Singh, owner of Multiple Hauliers EA. PHOTO | FILE

A logistics company has initiated winding up proceedings against Xplico Insurance Limited, citing breach of contract and failure to honour claims.

Multiple Hauliers EA Limited is further demanding that the insurance firm pays Sh55.6 million in policy claims it has incurred through paying third parties as a result of direct risk.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.