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 […]
Quotes
Supporting motor insurance policyholders amid COVID-19 lockdown
Opadokun “Due to the lockdown, driving habits changed as many people stayed at home. As a result of this, risk exposure on motor vehicles were significantly reduced as frequency of usage was near zero. We are an organisation keen to satisfying and appreciating our clients. We have therefore introduced this […]
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 […]
Creating opportunities for young professionals
Mrs. Funmi Babington-Ashaye My aim as the founder of Funmi Babington-Ashaye Foundation is to facilitate exciting, new professional and personal opportunities for everyone involved.
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
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 […]
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
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 […]
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 […]
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.
