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Premium Pension launches PRIMA to boost clients’ engagements
Kindly leave a comment and share Chuks Udo Okonta Premium Pension Limited, one of the Nigeria’s leading Pension Fund Administrators, has announced the deployment of the Premium Interactive Member Assistant (PRIMA) on WhatsApp, Telegram and various social media platforms to enhance interactions with customers. A statement by the firm’s Head, […]
Insurers lose billion of naira to poor KYC on motor business
Kindly leave a comment and share Chuks Udo Okonta Insurance operators’ inability to effectively know their motor insurance customers is costing them huge premium loss, Inspenonline can report. According to experts, having complete data of motor insurance policyholders would enable insurers communicate directly and also sell other policies to them, […]
NCRIB implores govt to tackle insecurity, food scarcity
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has asked the federal and state governments to tackle challenges of insecurity and food scarcity bedeviling the country. The President of NCRIB Babatunde Oguntade, disclosed this today at the February Edition of NCRIB […]
FG transfers PTAD to Ministry of Finance
Kindly leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) is to be scrapped and functions transferred to the Federal Ministry of Finance. This part of the decision reached by Nigerian Government during the Federal Executive Council (FEC) meeting held yesterday Monday in Abuja. The […]
Stanbic IBTC Bank rewards 70 active customers with N100,000 each
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Bank, in its ongoing Reward4Saving Promo, rewarded 70 additional customers in the January draw, which brings the total number of beneficiaries to 1,424 since the inception of the promo in 2021. The Reward4Saving Promo was created to foster disciplined […]
What crisis should teach you about retirement
How insurers should manage exchange rate risk – Dr. Yusuf
Kindly leave a comment and share Chuks Udo Okonta The Chief Executive Officer Centre for the Promotion of Private Enterprise (CPPE) Dr. Muda Yusuf, has identified investment in hedged assets, currency forwards, diversification of investment portfolio and more as means insurance companies could adopt to manage the volatile exchange rate […]
Distrust clogs KYC policy on motor insurance
Kindly leave a comment and share Chuks Udo Okonta Distrust amongst insurance companies, brokers and agents is clogging Know-Your- Customer (KYC) policy on underwriting of motor insurance, Inspenonline can report. Investigation has revealed that most insurance brokers and agents are reluctant to give vital details such as phone number and […]
FG’s ambitious revenue targets may put pressure on insurance companies – Dr. Yusuf
Kindly leave a comment and share Chuks Udo Okonta The ambitious revenue targets by the government may put pressure on insurance companies from tax and regulatory authorities, Chief Executive Officer Centre for the Promotion of Private Enterprise (CPPE) Dr. Muda Yusuf, has said. He said this while speaking on the […]