Leave a comment and share Chuks Udo Okonta As businesses in the country continue to struggle amid the surge in prices of petroleum products, especially diesel, insurance companies have adopted cost saving measures to enable them remain afloat. Investigation by Inspenonline revealed that companies are taking steps such as; closing […]
Insurance
Insurers, Lagos State Government engage stakeholders on digital compulsory insurances
Leave a comment and share Chuks Udo Okonta Insurance Practitioners in partnership with Lagos State Safety Commission today held a stakeholders’ conference to educated residents of the state on efforts in place to digitalised compulsory insurances. The event which held in Alausa Secretariat, Ikeja, Lagos, attracted stakeholders from different fields […]
IGI pays N848.5m claims, reassures customers of improved services
Leave a comment and share Chuks Udo Okonta Industrial And General Insurance Plc (IGI) has disbursed claims totalling N848.5 million to its policyholders, signalling another major stride in the company’s effort to restore growth and public confidence in the organisation. According to a statement issued by the company’s Head, Corporate […]
Insurance companies in Nigeria cannot insure one aircraft – Chairman Air Peace
Leave a comment and share Chuks Udo Okonta All the insurance companies in Nigeria put together cannot even insure one aircraft, Chairman, Air Peace, Allen Onyema, has said. Onyema, stated this at a stakeholders’ meeting with the Deputy Speaker, House of Representatives, Ahmed Idris Wase, on Monday, whilst expressing the […]
Linkage Assurance staffer Jamiu Adewale emerges winner of CIIN talent hunt
Leave a comment and share Chuks Udo Okonta An employee of Linkage Assurance Plc, Jamiu Nurudeen Adewale, has emerged the winner of maiden edition of Chartered Insurance Institute of Nigeria (CIIN) talent hunt. The highly contested event which held yesterday in Lagos, had 10 contestants drawn from eight insurance firms. […]
NCRIB to weed out charlatans with professional seal of practice
Leave a comment and share Chuks Udo Okonta Worried by the nefarious activities of charlatans who masquerade as brokers thereby smearing the image of real professionals, the Nigerian Council of Registered Insurance Brokers (NCRIB) has resolved to stem their operations with the introduction of professional seal of practice. The President […]
NCRIB to celebrate 60th anniversary in grand style
Leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has unveiled planned activities for the celebration of its 60th anniversary. The President of NCRIB, Rotimi Edu, unveiled the activities at a press conference in Lagos, stating that the anniversary celebrations would be an […]
AIICO bags information security management system certification
Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc has received Information Security Management System certification from the British Standards Institution (BSI) under ISO 27001:2013 standard, after a thorough assessment of the Company’s Information Security Management System. A statement by Head, Strategic Marketing & Communications, AIICO, Segun Olalandu, […]
Insurers amass N1.17tn assets in six years
Leave a comment and share Chuks Udo Okonta Insurance operators accumulated assets worth N1.17 trillion in six years, Inspenonline reports. Data obtained by this medium showed that underwriters’ total assets as at 2016 was N974.09 billion and moved to N2.14 trillion in 2021, an increase of N1.17 trillion. According to […]
NCRIB implores govt to include market cover among compulsory insurances
Leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has implored Federal Government to include insurance cover for markets among compulsory insurances. The President of NCRIB, Rotimi Edu, said this in a Television Interview, adding that instead of government compensating owners of burnt […]
