Kindly leave a comment and share Chuks Udo Okonta Getting a fresh agent presently to join an agency team is as difficult as a camel passing through the eye of a needle, this was how a chieftain in the insurance agency network described the inability of insurers to attract young […]
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Norrenberger completes takeover of controlling interest in The Infrastructure Bank
Kindly leave a comment and share Chuks Udo Okonta Norrenberger, an integrated financial services group, has taken over a controlling equity stake of 60 per cent in The Infrastructure Bank (TIB), having concluded the acquisition arrangement which began in 2019. The Company made this known in a statement made available […]
Patronising brokers ‘ll solve problems of unpaid claims in insurance sector – NCRIB CEO
Kindly leave a comment and share Chuks Udo Okonta The Executive Secretary/Chief Executive Officer (CEO), Nigerian Council of Registered Insurance Brokers (NCRIB) Tope Adaramola, has said complaints on non-payment of claims, inappropriate treatment on policyholders by insurance firms often come from people who didn’t see the need to patronise insurance […]
Sanlam Pan Africa inducts Ojumah into Council of Elders
Kindly leave a comment and share Chuks Udo Okonta Sanlam Nigeria has announced the induction of Valentine Ojumah into the Sanlam Pan Africa (SPA) Council of Elders in recognition of his professional service and leadership. A statement by Senior Marketing Services Coordinator Sanlam Life Insurance Nigeria Limited, Bankole Banjo, said […]
Agents shun insurance, find succour in real estate business
* Many eye jobs in pension sector Kindly leave a comment and share Chuks Udo Okonta At the time insurance agency network in the country is expected to provide employment opportunities for over 500,000 graduates every year, many of the trained agents are presently opting for jobs in real estate […]
Omobola Tolu-Kusimo, Nike Popoola named winners of Pan-African (Re)Insurance Journalism Awards
Kindly leave a comment and share Chuks Udo Okonta Continental Reinsurance Plc has announced winners of the 8th Pan-African (Re)Insurance Journalism Awards, of which Omobola Tolu-Kusimo of The Nation Newspaper and Nike Popoola of Punch Newspaper emerged 2nd runners-up in the English print category. The awards recognize and celebrate the […]
We never believed insurance works until our claims were paid – Media executives
Kindly leave a comment and share Prominent media executives in this report testified on how insurance came to their rescue despite initial doubts on insurance practice. Chuks Udo Okonta report. Executive Director, Media Career Development Network, Lekan Otufodunrin Years ago while working at The Punch, I was not as conscious […]
Insurance claims soothe pains
Seeing an Insurance company pay the family of a late colleague his life Insurance entitlements and other investments made me vow that I will not miss any future opportunity to invest. Executive Director, Media Career Development Network, Lekan Otufodunrin
11 RSA holders get PenCom’s approval for residential mortgage
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) yesterday, granted approval to applications by 11 Retirement Savings Account (RSA) holders seeking to own houses through the pension residential mortgage scheme. Inspenonline gathered that PenCom received 18 applications from RSA holders, but seven of them […]
9,000 insurance agents battle with licence renewal process
Kindly leave a comment and share Chuks Udo Okonta No fewer than 9,000 registered insurance agents are presently struggling to renew their licenses to enable them operate legally in Nigeria’s insurance market. The struggle, it was learnt, arose from their inability to scale the submission process hurdle after submitting the […]