Anirudh Laskar *Withdrawal has happened from all sectors, across government and private firms *Due to covid‘s effect on firms and the desperation to conserve cash, the growth in the overall NPS sector has remained flat in terms of the number of investors Against the backdrop of widespread job losses and […]
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USDA to allow insurance providers to extend crop insurance deadlines
*Farmers with crop insurance questions or needs should continue to contact their insurance agents about conducting business remotely (by telephone or email). Written By: Forum News Service The U.S. Department of Agriculture’s Risk Management Agency has announced it will authorize Approved Insurance Providers to extend deadlines for premium and administrative […]
UK insurer Royal London pays out £8.5m on Covid-related deaths
Julia Kollewe The insurance group Royal London has paid out £8.5m in life insurance claims to the families of more than 1,200 customers whose deaths were attributed to Covid-19 and is setting aside £10m for future claims. Royal London is the UK’s largest mutual insurer, which means it is owned […]
Staff laud AIICO’s work from home initiative
Leave a comment and share Chuks Udo Okonta Employees of AIICO Insurance Plc., have applauded the work from home initiative put in place by the firm. Commenting on the initiative, a member of staff, Oluseun Odubanjo, said: “We thank AIICO management for the privilege and concern expressed to its employees. […]
Old Mutual supports Lagos State remote learning in vulnerable communities
From left: Head IT, Old Mutual, Mary Aworetan; Executive Head, Marketing & Customer Experience, Old Mutual, Alero Ladipo; Director, Public Private Partnerships, Lagos State Ministry of Education, Dr. Olufunke Oyetola and St. Francis Junior Grammar School Student, Gbenga Adeosun, during Old Mutual’s presentation of remote learning aid materials to students […]
China unveils plan for development of property-insurance sector
China’s top insurance regulator on Wednesday unveiled a three-year action plan to promote the high-quality development of the property-insurance industry. By 2022, China aims to forge a complete market system for the property-insurance sector, with the further enhancement of its service capabilities and financial strength, according to the document issued […]
Trump mulls executive order on health insurers that already exists under Obamacare
Trump The 45th president says he is drafting an executive order intended to protect patients with preexisting conditions President Donald Trump announced Friday that he is planning to present a new executive order that will require health insurance companies to cover patients with preexisting conditions. It turns out, however, that […]
Online insurance product deluge from SA’s big banks
By Admire Moyo South Africa’s big four banks this week upped the ante in launching online insurance products amid the COVID-19 pandemic. This, as the banks have seen a massive decrease in consumers visiting branches amid the coronavirus pandemic which has claimed close to 9 000 lives in SA. Insurtech […]
Why insurance needs RPA to stay competitive
Lawrence Smith *COVID-19 has added to the immense pressure insurance companies already faced. Robotic process automation can help. leave a comment and share While digital transformation has been top of mind for most organisations in South Africa and around the world, the global pandemic has made it an even more […]
AtaraPay insured by Consolidated Hallmark Insurance Plc. to enhance trust in e-commerce
Insurance Plc enhances its escrow service in a way that can be trusted and reliable enough to take away the monetary bottlenecks and resolve every crisis during transactions. The executive director of TrustPay Technologies Limited Yemi Adebiyi said the relationship with Consolidated Hallmark Insurance Plc is a safe way to […]
