Kindly leave a comment and share Chuks Udo Okonta A Chartered Insurance Practitioner Wasiu Amao, has raised an alarm over non-compliance with no premium no cover regulation, as brokers do cancel credit notes upon expiry of 30 days ultimatum and underwriters warehousing claims when premiums were received late. Amao disclosed […]
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NIA hits counterfeiters hard, as insurers now to sell motor insurance policies digitally
Kindly leave a comment and share Chuks Udo Okonta The insurance industry is about to give a technical knock out to policy documents counterfeiters as plans are on top gear for all motor covers to be sold digitally through a platform to be hosted on Nigerian Insurance Industry Portal (NIIP). […]
Fajemirokun to deliver lead paper at 2023 WAICA education conference in Freetown
Kindly leave a comment and share Chuks Udo Okonta The Managing Director AiICO Insurance Plc, Babatunde Fajemirokun, would be the lead speaker at the forthcoming West African Insurance Companies Association (WAICA) Education Conference billed for November 12-14, 2023 in Freetown, Sierra Leone. According to the Sectary General of WAICA Davis […]
ILAN to provide group life insurance as welfare benefits for members
Kindly leave a comment and share Chuks Udo Okonta The Institute of Loss Adjusters of Nigeria (ILAN) has disclosed plans to provide a robust life insurance welfare package for its members. The President of ILAN Oladiipo Olanrewaju, said this at the institute’s 41st Annual General Meeting (AGM) yesterday in Lagos, […]
Loss Adjusters decry non payment of outstanding fees by insurers
Kindly leave a comment and share Chuks Udo Okonta At a time the Institute of Loss Adjusters of Nigeria (ILAN) is engaging the Nigerian Insurers Association (NIA) on upward review of 30 years old adjuster’s fee, members have also cried out over delay in settlement of fees which has led […]
Photos: Faces at ILAN’s 41st annual general meeting today in Lagos
Photos: Faces at 2023 CIIN-ORC workshop today in Lagos
Motorists besiege insurers for claims
Kindly leave a comment and share Chuks Udo Okonta The third party motor insurance campaign being executed by the insurance industry is gaining traction as motorists that hitherto never believed in claims payment are now besieging underwriters for claims on issues they used to over looked in the past. Inspenonline […]
FG’s no-compliance with extant laws on pension administration and violation of rights of pensioners
Kindly leave a comment and share By Ivor Takor, mni Esq. There are two categories of federal government pensioners today. The first category are those drawing pension under the old Defined Benefits Scheme (DBS). These are retirees who had been on pension pay roll of the federal government before 25th […]
Premium Pension appoints Bitrus Kwaji as Chairman, Nenadi Usman, Garba Makarfi, Mansur Aliero directors
Kindly leave a comment and share Chuks Udo Okonta The Board of Premium Pension Limited has announced a few changes at the corporate level, which includes the appointment of Gen. Bitrus Kwaji (Rtd) OON as its new Chairman effective September 2023. A statement by the firm’s Head, Corporate Communications, Aliyu […]