Insurance

Insurance

Brokers decry unwholesome practices by commission racketeers

Kindly leave a comment and share Chuks Udo Okonta The influx of insurance commission racketeers in the broking business is constituting great threats, Inspenonline can report. Investigations by Inspenonline revealed that these racketeers, often position themselves around big ticket businesses and do force genuine brokers to part huge sums of […]

Insurance

Unreleased allocations clog federal government insurances

Kindly leave a comment and share Chuks Udo Okonta Most federal government’s Ministries; Agencies and Departments (MDAs) are battling to renew their insurance for this year owing to unreleased allocations, Inspenonline can report. It was gathered that while some of them are presently out of cover, as their insurances have […]

Insurance

NCRIB-LAC promotes essence of standard operating manual for brokers

Kindly leave a comment and share Chuks Udo Okonta Insurance brokers have been told to consider Standard Operating Manual (SOM) as a strategic tool that enhances efficiency; ensures compliance; reduces risks; supports training and fosters growth in the competitive insurance broking industry. The former Director Inspectorate Department, National Insurance Commission […]