Kindly leave a comment and share As part of efforts to enhance collaboration on the enforcement of the Third-Party Motor Insurance Policy, the Nigerian Insurers Association (NIA) on Tuesday,15th April 2025, paid a courtesy visit to the Lagos State Commissioner of Police, CP Olorundare Jimoh, promising to organise workshop and […]
Insurance
Coronation Insurance, Coronation Life Assurance present brand-new car to Insure & Win Grand prize Winner
Kindly leave a comment and share Chuks Udo Okonta Coronation Insurance Plc and Coronation Life Assurance Limited jointly celebrated the culmination of their Insure & Win campaign by presenting a brand-new Kia Rio to Miss Gold Njy Imo, the grand prize winner of the nationwide promo. The handover ceremony, held […]
Efekoha decries rising cost of healthcare on private HMOs sustainability
Kindly leave a comment and share Chuks Udo Okonta The rising cost of healthcare in Nigeria is exacerbating pressures on Health Management Organisations (HMOs) and threatening their sustainability, the Group CEO, Consolidated Hallmark Holdings Plc & Chairman, Hallmark HMO Eddie Efekoha, has said. He said the growing pressure is putting […]
More Nigerians now have insurance covers – NAICOM
Kindly leave a comment and share Chuks Udo Okonta Today, more Nigerians are covered. More properties are insured. More lives are protected, the National Insurance Commission (NAICOM) has said. The Commissioner for Insurance Olusegun Omosehin, said this today in his goodwill message at the BusinessDay Insurance Industry Conference 2025 held […]
Leadway Assurance partners AGRA on ‘Pay at harvest’ crop insurance scheme
Kindly leave a comment and share Chuks Udo Okonta In a significant step towards deepening agricultural resilience across Nigeria, Leadway Assurance Company Limited has entered into a strategic partnership with the Alliance for a Green Revolution in Africa (AGRA) through a $399,900 grant initiative to implement the “Building Farmers’ Resilience […]
Cornerstone gives clues on unlocking youth access to Insurance
Kindly leave a comment and share Chuks Udo Okonta The Managing Director/Chief Executive Officer, Cornerstone Insurance Plc Stephen Alangbo, has identified trust, knowledge gaps and cultural beliefs as the most significant barriers preventing Nigerian youths from fully accessing insurance, digital payment systems and investment opportunities. Alangbo, represented by Kayode Odetola, […]
Lasaco Assurance attains ISO/IEC 27001:2022 certification for information security management
Kindly leave a comment and share Chuks Udo Okonta Lasaco Assurance Plc, one of the leading insurance companies in Nigeria, is pleased to announce that it has successfully obtained the ISO/IEC 27001:2022 certification, a globally recognized benchmark for Information Security Management Systems (ISMS). This certification comes after a thorough and […]
Why insurance firms should expose perpetuators of fraudulent claims
Kindly leave a comment and share Chuks Udo Okonta The recent publication of claims complaints by the National Insurance Commission (NAICOM) rattled many insurance companies, as they fought back to save their brand reputations. One of the defences put forward by most of the affected companies was that most of […]
Universal Insurance settles N3bn claims in 2024
Kindly leave a comment and share Chuks Udo Okonta Universal Insurance Plc has paid out a total of N3 billion as claims to policyholders that suffered losses during the period under review. According to the company the payment was made between January 2024 to December 2024. Reacting, Dr Jeff Duru, […]
International Energy Insurance free from Daewoo loan, posts N5.1bn gross premium growth
* To recapitalise to N15bn Kindly leave a comment and share Chuks Udo Okonta International Energy Insurance (IEI) Plc has concluded its 44th Annual General Meeting (AGM) on April 10, 2025, at the Haitel Hotel Dutse, Jigawa State, marking a pivotal moment in the company’s strategic direction. The 44th AGM […]