Insurance

Insurance

RIFAN decries unethical conducts of unlicensed agents, aided by poor third party integration with NIIP implementation

Kindly leave a comment and share Chuks Udo Okonta The Retail Insured Family Association of Nigeria ( RIFAN), the largest consumer association of insurance in Nigeria with the major aim to restoring insured confidence in Insurance Industry, has expressed disatisfation over the poor coordination on the implementation of the integration […]

Insurance

Insurance as pathway to achieving $1tn economy

Insurance as a catalyst to economic development is expected to feature prominently in attaining the projected federal government $1 trillion economy by 2026. Chuks Udo Okonta, in this report, examines expectations from industry players in the match towards this national quest. The federal government ambition to grow a $1 trillion […]

Insurance

NCRIB to empower directors of broking outfits

Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) determined to ensure that broking firms operate effectively, is set to empower directors in the sub-sector. The President of NCRIB Babatunde Oguntade, who disclosed this at the June Edition of the NCRIB Members’ […]

Insurance

NIA elects Kunle Ahmed as 26th Chairman

Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) has elected the Chief Executive Officer AXA Mansard Insurance Plc Kunle Ahmed as its 26th President. He was elected to the esteemed position at the association’s 53rd Annual General Meeting (AGM) today in Lagos. Ahmed in […]

Insurance

NAICOM banks on actuarial science, artificial intelligence for insurance transformation

Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said actuarial science and Artificial Intelligence (AI) hold immense potentials for transforming the insurance industry. The Commissioner for Insurance/Chief Executive National Insurance Commission (NAICOM) Olusegun Omosehin, said this yesterday at the 2024 Nigerian Actuarial Society […]