Kindly leave a comment and share Chuks Udo Okonta Most insurance policyholders want policies sold below the approved rates, which unknown to them are fake. Having a fake insurance policy amounts to having no cover and there are consequences holding an ordinary paper with hope of having a claim when […]
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Shareholders decry hawking of motor insurance policies in licensing offices
Kindly leave a comment and share Chuks Udo Okonta Shareholders have condemned the hawking of cheap insurance policies in licensing offices, calling on National Insurance Commission (NAICOM) and Nigerian Insurers Association (NIA) to swiftly move to stem the menace. The Coordinator Emeritus, Independent Shareholders Association of Nigeria (ISAN) Sir. Sunny […]
What to do when insurance company delay or refuse your claims
* Ensure your claim is genuine * Call the insurance company * Visit the company * Inform your lawyer * Engage services of claims management firms * Report to the media * Report to the insurers association complaints bureau * Report to the insurance industry regulator
Photo: NEM Insurance supports 2023 YABATECH interfaculties football competition
Afreximbank launches Africa Trade Gateway, single window for digital services
Kindly leave a comment and share Chuks Udo Okonta The African Export-Import Bank (Afreximbank), in collaboration with the AfCFTA yesterday in Accra launched the Africa Trade Gateway (ATG), a suite of five digital platforms that have been designed as a single window to enable the Bank better deliver on its […]
Cornerstone Insurance posts N22.25bn gross premium written, pays 6kobo dividend
* GMD Ganiyu Musa to retire soon Kindly leave a comment and share Chuks Udo Okonta Cornerstone Insurance Plc has said despite the many challenges that the environment presented in year 2022, it recorded a Gross Premium Written (GPW) of N22.25 billion representing an increase of six per cent over […]
90% of insurance agents lack structured retirement plan
Kindly leave a comment and share Chuks Udo Okonta Inadequate motivation of insurance agents by underwriting firms remains one of the clogs to growth of the sector, which over 9,000 agents out of the 10,000 registered professionals are without structured retirement plan. Investigation by Inspenonline revealed that presently, only three […]
Ecobank Group, PAPSS Partner to enhance cross-border payment across Africa
*Jeremy Awori, Chief Executive Officer of Ecobank Group, and Mike Ogbalu III, CEO of PAPSS signed the Memorandum of Understanding on June 19, 2023, in Accra, Ghana. Kindly leave a comment and share Ecobank Group, the leading pan-African banking Group, and The Pan African Payment and Settlement System (PAPSS) have […]
ARISE, AFREXIMBANK sign US$400m facility for industrial parks
Kindly leave a comment and share Chuks Udo Okonta The African Export-Import Bank (Afreximbank) and ARISE Integrate Industrial Platforms (ARISE IIP) today in Accra signed a term sheet for a US$400 million tranche under a proposed US$1 billion global credit facility to support ARISE IIP in the development of industrial […]
Aside Police let me go, other benefits of third party motor insurance
Kindly leave a comment and share Chuks Udo Okonta Most vehicle owners in Nigeria buy third party motor insurance policies just to avoid Police disturbance not knowing that the N15,000 premium paid gives them access to many more benefits. Benefits from N15,000 third party motor insurance policy. * Avoidance of […]