Quotes

Quotes

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 […]

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Insurance and poverty

Vice Chancellor, Enugu State University of Technology Prof. Luke Okechukwu Anike If poor Nigerians were to become a country, it would be more populous than Germany, Turkey, United Kingdom, France, South Africa, Spain, Argentina, Afghanistan, Poland. There is no future without insurance.

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Customers satisfaction

“We did not just start over night, but have been for a while and consistent. No matter the noise you make, it is the way you carry the customer that will take your brand to the next level. You can make all the adverts and noise, if you do not […]

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Payment of Retirement Benefits

“The pension industry players have a joint responsibility, not only to consolidate on the successes of the reform recorded this far, but also to build a sustainable pension industry that can effectively deliver on its primary social mandate of retirement benefits payment.” Acting Director-General, National Pension Commission, Mrs. Aisha Dahir-Umar

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Professional Experience

“Some staff run away from too much work. I tell people that in professional practice, too much work is the experience people talk about. If you are in practice for 10 years and you do not have enough work, that 10 years is nothing. Somebody that worked for two years […]

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Insurance recapitalisation

“I must still say that it is a misnomer that NAICOM thinks that the only way to develop the sector is just to be increasing capital year in, year out. Currently we are not able to return profit on the amount of capital we are working with. Insurance is totally […]