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AIICO pays N350m claims amid COVID-19 lock down

Fajemirokun Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc. has paid its customers the sum of N350 million within the first 48 hours of COVID-19 lockdown, in fulfilment of its avowed commitment to prompt settlements. A statement by the firm’s Head, Strategic Marketing & Communications Department, Segun […]

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And NAICOM says no

Acting Commissioner for Insurance, Sunday Thomas It is amazing, as some people still say we do not know why NAICOM should restrict our investments in property. To the extent that the industry mobilized FMDQ to appeal to us to loosen the provision of the law. It must not be done […]

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Implementation of compulsory classes of insurance

Indeed, the successful implementation of compulsory classes of insurance across the nation will ensure adequate protection of our strategic National Assets. We will be working with the relevant security agencies to guarantee effective and efficient monitoring of compliance. Acting Commissioner for Insurance, Sunday Thomas

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Insurers pledge to farmers

We have decided as underwriters to work as a team so that there would not be room for sharp practices that would hinder the full compensation of any farmer that suffered a loss after we have deployed this product to the market Assistant Director, Industrial and General Insurance Plc, Adebola […]

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Hope for agric insurance

Aghoghovbia It is expected that within the next two years, the challenges facing the Nigerian insurance industry in the implementation of agriculture index insurance contracts to farmers will be a thing of the past. Deputy Managing Director/Chief Operating Officer, African Reinsurance Corporation, Ken Aghoghovbia

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Turning challenges to stepping stones

Managing Director/Chief Executive Officer, Plum Insurance Brokers Limited, Mrs. Laide Osijo The story of Plum Insurance Brokers actually started in 1991 when the company was registered, but started operation a year after. The company had its teething period, like most corporate entities, characterized by low clientele base and the need […]

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Customers satisfaction

Managing Director/ Chief Executive Officer, FBNInsurance Limited, Val Ojumah Customer satisfaction is the fulcrum of insurance business and this inevitably builds customer loyalty and we will not fail to ensure this. We believe once FBNInsurance is able to pay customers’ claims as they arise, numerous customers and the general public […]

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Insurance and poverty

Vice Chancellor, Enugu State University of Technology Prof. Luke Okechukwu Anike If poor Nigerians were to become a country, it would be more populous than Germany, Turkey, United Kingdom, France, South Africa, Spain, Argentina, Afghanistan, Poland. There is no future without insurance.

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Customers satisfaction

“We did not just start over night, but have been for a while and consistent. No matter the noise you make, it is the way you carry the customer that will take your brand to the next level. You can make all the adverts and noise, if you do not […]