Kindly leave a comment and share Chuks Udo Okonta Huge unclaimed funds running into million of dollars are in the custody of insurers unknown to beneficiaries, because the policyholders didn’t inform their family members of the insurance policies. These unclaimed funds usually are from life policies, which are contributed over […]
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CIIN seeks innovative insurance solutions to climate risks
Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) is working to ensure insurers provide innovative insurance solutions to vulnerable citizens often affected by disasters from climate risks. The President of CIIN, Edwin Igbiti, said this at the 2023 edition of CIIN/LBS Seminar […]
Leadway Assurance, Corporate Farmers partner to boost agricultural practices in Southwest Nigeria
Kindly leave a comment and share Chuks Udo Okonta Leadway Assurance and Corporate Farmers, a renowned agricultural promotion organisation, have joined forces to organise an engaging and informative interactive session for farmers in the Southwest region of Nigeria. A statement by the underwriter said the collaborative initiative aims to foster […]
How awards exposed insurer’s failure to honour claims
Kindly leave a comment and share Chuks Udo Okonta Unmerited awards given to a life insurance company has made many of its policyholders cried out over their inability to receive certified claims from the firm. The life underwriter was awarded, ‘Claims Excellence Insurance Company of the Year Award’ by a […]
Barineka Thompson exits NAICOM on compulsory retirement
Kindly leave a comment and share Multi-subject matter expert, Barineka Thompson, has exited the National Insurance Commission (NAICOM) on Compulsory retirement, Inspenonline reports. Before his retirement, he was Director, Finance and Accounts (DFA), NAICOM. Thompson and two others were served a compulsory retirement letter on Friday, August 04, 2023 by […]
Know your rights, responsibilities as pension consumer
* Call PenCom with 07066924512 Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has once again spotlighted the rights and responsibilities of pension consumers. According to PenCom, major consumers in the pension industry are: Employers (Public & Private Sectors) and Retirement Savings Accounts holders […]
How wrong beliefs on insurance can harm you
Kindly leave a comment and share Chuks Udo Okonta The wrong belief that insurance companies don’t pay claims has caused great harm to many people. These people, who have never buy an insurance policy, only join the bandwagon of people proclaiming what they have never experienced. Due to the wrong […]
NIA backed consolidated insurance bill passes first reading
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) has returned the consolidated insurance bill to the 10th National Assembly and it has gone through the first reading at the Federal House of Representatives. The bill was part of Order Paper presented to the House […]
LCCI canvasses dialogue on Niger military takeover
Kindly leave a comment and share Chuks Udo Okonta The Lagos Chamber of Commerce and Industry (LCCI) has said whilst it aligns with Governments and Heads of States of the Economic Community of West African States (ECOWAS), decision to restore democratic order in Niger, dialogue would be a better tool […]
Staco Insurance Managing Director Banmore bags doctorate degree
Kindly leave a comment and share Chuks Udo Okonta The Managing Director/CEO, Staco Insurance Plc, Olawale Banmore has recently bagged doctorate degree in Business Administration and Marketing with Specialisation in Strategic Marketing from Babcock University, Ogun State. This is the latest in his many feats in the academic world. To […]