From left: Head, Human Resources, FBNInsurance Limited, Cathy Sanni; Deputy Director, Benola, Dayo Gbadebo; Chief Technology Officer, FBNInsurance Limited, Rivers Khumalo; Executive Director, Finance & Admin, FBNInsurance Limited, Festus Izevbizua at the cheque presentation to Benola- A Cerebral Palsy Initiative in commemoration of the 2019 World Cerebral Palsy Day.
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6 Best Mobile Phone Insurance in UK
By Gratian In this modern world, smartphones have become an important aspect of our lives. We depend on these devices so much, personally and professionally. However, despite their advances, smartphones are still susceptible to various risks such as damage, theft and loss, to name a few. This is why there’s […]
Photo: NAICOM, CBN meet over attainment of set objectives for financial inclusion
Meeting between Acting Commissioner for Insurance, NAICOM Sunday Thomas and Deputy Governor, Central Bank of Nigeria (CBN) Aishah Ahmad on attainment of set objectives for financial inclusion by both Regulators.
LASACO Insurance receives shareholders nod to raise N10b
From left: Managing Director/Chief Executive Officer, Segun Balogun; Chairman, Mrs. Aderinola Disu and Company Secretary, Mrs. Gertrude Olutekunbi at the event. * Pays 5k dividend Leave a comment and share Chuks Udo Okonta LASACO Insurance Plc has been granted approval by its shareholders to shop for N10 billion capital through […]
Universal Insurance disowns ‘Standard Payment Investment’ Scheme
Ujoatuonu Leave a comment and share Chuks Udo Okonta The management of Universal Insurance Plc has disassociated the Company from the “Standard Payment Investment Scheme” currently circulating in some social media platforms and elsewhere, purporting to collaborate with Universal Insurance in its bid to extort money from unsuspecting members of […]
South African insurance companies are watching what you post on social media
South Africans should be wary of what they publish on social media as their posts are being tracked by insurance companies. Vera Nagtegaal, executive head of Hippo.co.za, says people are very open on social media without thinking about the reach or implications of what they are posting. “Insurance companies are […]
Six million customers overpaying insurance premiums, FCA says
Six million home and motor insurance holders are overpaying by a total of £1.2bn per year because firms are not giving loyal customers fair premiums, a watchdog has warned. The Financial Conduct Authority (FCA) found evidence of insurers overcharging long-standing customers through tactics such as selling policies to new consumers […]
Insurance Sector Life Annuity Fund Portfolio hits N323bn – NAICOM
The Insurance sector life annuity fund portfolio stood at about N323 billion at the end of the second quarter of 2019. The information was made available by Mr Rasaq Salami, Head, Commissioner for Insurance Directorate of the National Insurance Commission (NAICOM) in a statement on Saturday in Abuja. Salami said […]
Insurers lose about N160bn yearly to fake motor insurance racketeers
Leave a comment and share Chuks Udo Okonta At a time insurance companies are scrabbling for funds to remain afloat, about N160 billion which ought to accrue to them yearly from motor insurance business, is fraudulently obtained by individuals who engage in production and sales of fake motor policies. According […]
Sanwo-Olu underscores essence of planning, resource allocation
Sanwo-Olu Leave a comment and share Chuks Udo Okonta Governor of Lagos State, Babajide Sanwo-Olu, has said the importance of efficient planning and allocation of resources in any organised society cannot be underestimated and should be taken with all seriousness. He said that the creation of Lagos State Residents’ Registration […]
