Leave a Comment and share Chuks Udo Okonta Linkage Assurance Plc will on Thursday, February 11, 2021 host the Nigerian Council of Registered Insurance Brokers (NCRIB) Lagos Area Committee (LAC) general meeting. The meeting slated to take place at the Insurance Brokers’ House, 58 Moleye Street Alagomeji Yaba & Zoom […]
Insurance
Buhari reappoints Folashade Joseph as NAIC MD
Mrs. Joseph Leave a comment and share Chuks Udo Okonta President Muhammadu Buhari had approved the reappointment of Folashade Joseph as the Managing Director and Chief Executive Officer (CEO) of the Nigerian Agricultural Insurance Corporation (NAIC) for another term. This was disclosed in a letter signed by the Minister of […]
Sovereign Trust Insurance delights claimants with N2.9bn payout in 2020
Soyinka Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc has continued to affirm its commitment and capacity to obligate all genuine claims as and when due, as it settled claims totaling N2 90 billion to various insured spread across the country, in 2020. A statement by […]
Insurance brokers, agents earn N54.11bn Commission
Leave a Comment and share Chuks Udo Okonta Insurance brokers, agents and other intermediaries earned N54.11 billion commission from underwriters in 2019, Inspenonline can report. Data obtained from Nigerian Insurers Association (NIA) revealed that non life insurance firms paid N35.09 billion commission to the intermediaries, while life operators paid N19.02 […]
Law Union and Rock drums needs for insurance against uncertainties
Olasupo Sogelola Leave a Comment and share Chuks Udo Okonta The need for Nigerians to protect and secure their lives and properties with an insurance cover has become crucial as level of uncertainties continue to rise across the world, the Executive Director, Law Union and Rock Insurance Plc, Olasupo Sogelola […]
Brokers generate N257.28bn gross premium income for insurers
Leave a Comment and share Chuks Udo Okonta Insurance brokers generated N257.28 billion out of the N490. 80 billion gross premium income recorded by underwriters in 2019, Inspenonline can report. Data obtained from the Nigeria Insurance Digest, published by the Nigerian Insurers Association (NIA) revealed that brokers who are major […]
Insurers generate N888,000 gross premium from Zamfara, as business remains low across most northern states
Leave a Comment and share Chuks Udo Okonta Insurance operators generated just N888,000 gross premium from Zamfara State in 2019, Inspenonline can report. Data obtained from the Nigeria Insurance Digest 2019, published by the Nigerian Insurers Association (NIA) revealed that underwriting business across most northern states remained low. The digest […]
Expert implores professionals to esteem reputational management
From left: Executive Secretary, Nigerian Council of Registered Insurance Brokers, Mr. Fatai Adegbenro; Deputy President, Mr. Rotimi Edu, mni; President, Dr. (Mrs) Bola Onigbogi; Vice President, Mr. Tunde Oguntade and Honourary Treasurer, Mr Wale Oshodi at the Breakfast Series with NCRIB President Leave a Comment and share Chuks Udo Okonta […]
AIICO, NSIA Insurance get PenCom’s nod to underwrite FG’s risks
Leave a Comment and share Chuks Udo Okonta AIICO Insurance Plc, NSIA Insurance Limited, FBInsurance Limited and other underwriters have been issued clearance certificates by the National Pension Commission (PenCom) to enable them participate in bidding government insurance businesses. Data obtained from PenCom revealed that 1911 firms from different sectors […]
Universal Insurance gives hope to Okada riders with pocket friendly insurance products
Leave a Comment and share Chuks Udo Okonta Universal Insurance Plc, has introduced a first ever insurance products called Okada Personal Assurance & Safety Scheme (Okada Pass), which are to ensure the safety of Okada riders and their passengers in Nigeria. Okada Pass plan is uniquely designed to provide cover […]
