Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) has reiterated its commitments to fostering insurance penetration and sustaining the code of ethics for insurers, whilst calling for more supports from fellows of the institute. The President/Chairman of the Council of the Institute, […]
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Chartered Insurance Institute names His Majesty King Charles III as Patron
Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute (CII) says it is with great honour that we announce His Majesty King Charles III as our new patron. A statement by Dr. Helen Phillips, Chair, CII Group Board, notes that the CII is deeply proud of […]
Besides claims payment, what insurance companies can do for you
Kindly leave a comment and share Chuks Udo Okonta Don’t limit your opportunities as you refrain from insurance just because of the belief that all you can get from insurance companies is settlement of claims when risks occur. Insurance operators responsibilities are more than collection of premium and settlement of […]
Good investments small business owners should make to retire well
Why NAICOM should fully enforce prompt payment of genuine claims
Kindly leave a comment and share Chuks Udo Okonta Payment of genuine claims to me is like withdrawing money from my bank account. As long as I have sufficient deposit, I should be able to make withdrawal to stipulated threshold. Denial or delay in payment of genuine claims is similar […]
Naira appreciation over Dollar dips pension fund assets by N90.29bn
Kindly leave a comment and share Chuks Udo Okonta The reduction in revaluation gains made by the Closed Pension Fund Administrators (CPFAs) and Existing Schemes as a result of the appreciation of Naira to Dollar led to the drop of pension fund assets by N90.29 billion in the month of […]
NAICOM, NIA to strengthen collaboration on prompt settlement of genuine claims
Kindly leave a comment and share Chuks Udo Okonta The Commissioner for Insurance (CFI) Olusegun Omosehin, has assured the Nigerian Insurers Association (NIA) of continued collaboration to safeguard consumer rights, particularly in ensuring the prompt settlement of genuine claims. Omosehin said this today when members of the Governing Council of […]
One insurance product you shouldn’t have
Kindly leave a comment and share Chuks Udo Okonta Of all the insurance products, the only product you should not dare to have is self insurance. What Is Self-Insurance? Self-insurance involves setting aside your own money to pay for a possible loss instead of purchasing insurance and expecting an insurance […]
Worker’s Day: Heirs Insurance Group appreciates employees with salary increase
Kindly leave a comment and share In an unprecedented move underscoring its commitment to employee welfare, Heirs Insurance Group recently announced a pay raise for its employees, following a groupwide salary increase by Heirs Holdings, its parent company. A statement by the Communications Manager Heirs General, Timilehin Adebiyi, said Tony […]
Passion in retirement
Retire from your job, but never retire from your passions; Ms. Adeolu Adewumi-Zer Founder & Managing Director ZER Consulting Africa Ltd.