Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said it has mandated all insurance companies to commence publications of all outstanding claims in their records. The Commissioner for Insurance Sunday Thomas, said this yesterday at the cocktail of the ongoing 2023 NAICOM Conference for […]
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NAICOM assures prompt claims payment at third party motor insurance awareness workshop in Uyo
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) today, organised awareness workshop on compulsory insurance for drivers and other road users at Itam Central Park Uyo, Akwa-Ibom State, assuring the public of prompt payment of genuine claims. The Commissioner for Insurance Sunday Thomas, who […]
Photos: Faces at NAICOM sensitisation, awareness workshop on compulsory insurance today in Itam Central Park Uyo, Akwa-Ibom State
Why prompt claims payment is best advertorial for insurers
Kindly leave a comment and share Chuks Udo Okonta An insurance agent, Joe Benson, was on a trip with a friend. While at the airport, his friend met a client. They embraced and greeted. Benson, also greet his friend’s client and gave him his company’s complimentary card. The man on […]
GCR upgrades Leadway Assurance’s financial strength rating to “AA+”
Kindly leave a comment and GCR Ratings, one of Africa’s foremost rating agencies, has revised Leadway Assurance Company Limited’s financial stability rating to AA+(NG) from AA(NG) in their June 2023 Report. The upgraded rating reflects Leadway Assurance’s consistent and superior capacity to meet its financial commitments and obligations, affirming the […]
Photos: Segun Bankole of Sovereign Trust Insurance buries father
Shareholders, brokers implore NAICOM to investigate insurance firm battling with claims, salary, commission payment
Kindly leave a comment and share Chuks Udo Okonta Shareholders and brokers have made a passionate appeal to the National Insurance Commission (NAICOM) to investigate an insurance company that has been hit by exodus of its marketers due to failure to pay commission, delayed claims and irregular salary payout to […]
How poor people benefit from the rich through insurance
Kindly leave a comment and share Chuks Udo Okonta Insurance entails pooling of funds from different contributors into a kitty and drawing from it to attend to those who suffer a risk. Insurance system remains one of the means that brings the poor and rich together classifying them as policyholders. […]
Strengthening regulatory oversight for improved service delivery in Nigeria pension industry
Kindly leave a comment and share By Ivor Takor The provision of pension is of a fundamental economic and social importance with the goal of ensuring successful delivery of adequate retirement income to retired employees as and when due. It is so important that it has been made a fundamental […]
Stanbic IBTC Bank supports SME, storms markets across Nigeria
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC and a renowned financial institution in Nigeria, has recently concluded a series of highly successful market storm events. The remarkable events drew an impressive turnout of more than 5,000 individuals, […]