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Re-thinking strategy, bracing up for recapitalisation

Adeleke Insurers have enough time to consider embracing the window of merger and acquisition. Irrespective of what the economy and pandemic are saying, operators should brace-up, re-think their strategy, refocus their plans and hit the ground running. Managing Director Lancelot Ventures Limited, Adebayo Adeleke

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Tasks before Commissioner for Insurance

Smart Once again, let me use this opportunity to congratulate the new Commissioner for Insurance, Sunday Thomas on his appointment as the Commissioner for Insurance. He is a thorough bred professional and a round peg in a round hole. For me, his priority should be market development. He should come […]

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And NAICOM says no

Acting Commissioner for Insurance, Sunday Thomas It is amazing, as some people still say we do not know why NAICOM should restrict our investments in property. To the extent that the industry mobilized FMDQ to appeal to us to loosen the provision of the law. It must not be done […]

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Implementation of compulsory classes of insurance

Indeed, the successful implementation of compulsory classes of insurance across the nation will ensure adequate protection of our strategic National Assets. We will be working with the relevant security agencies to guarantee effective and efficient monitoring of compliance. Acting Commissioner for Insurance, Sunday Thomas

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Insurers pledge to farmers

We have decided as underwriters to work as a team so that there would not be room for sharp practices that would hinder the full compensation of any farmer that suffered a loss after we have deployed this product to the market Assistant Director, Industrial and General Insurance Plc, Adebola […]

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Hope for agric insurance

Aghoghovbia It is expected that within the next two years, the challenges facing the Nigerian insurance industry in the implementation of agriculture index insurance contracts to farmers will be a thing of the past. Deputy Managing Director/Chief Operating Officer, African Reinsurance Corporation, Ken Aghoghovbia

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Turning challenges to stepping stones

Managing Director/Chief Executive Officer, Plum Insurance Brokers Limited, Mrs. Laide Osijo The story of Plum Insurance Brokers actually started in 1991 when the company was registered, but started operation a year after. The company had its teething period, like most corporate entities, characterized by low clientele base and the need […]

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Customers satisfaction

Managing Director/ Chief Executive Officer, FBNInsurance Limited, Val Ojumah Customer satisfaction is the fulcrum of insurance business and this inevitably builds customer loyalty and we will not fail to ensure this. We believe once FBNInsurance is able to pay customers’ claims as they arise, numerous customers and the general public […]