Kindly leave a comment and share Chuks Udo Okonta Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has announced the launch of its low-cost insurance product—Flexi Comprehensive Motor Insurance, which provides comprehensive motor insurance benefits for a fraction of the cost. Reaffirming its commitment to making insurance accessible to Nigerians, Heirs […]
Insurance
Lasaco Assurance bags N22.6bn insurance revenue in 2024
Kindly leave a comment and share Chuks Udo Okonta Lasaco Assurance Plc, a prominent player in Nigeria’s insurance industry, has released its unaudited financial results for the year ending 31st December 2024, showcasing significant growth across key financial metrics. The Group’s total assets for the year stood at N30.47 billion, […]
Trailblazer in Insurance: Dr. Funmi Babington-Ashaye honoured at sexagenary celebration
Kindly leave a comment and share The former President of the Chartered Institute of Insurance Nigeria (CIIN) and Chief Executive Officer (CEO) of Risk Analyst Insurance Brokers, Dr. Funmi Babington-Ashaye, was recently celebrated for her illustrious career and transformative contributions to Nigeria’s insurance sector. As she marked her 60th birthday, […]
Insurer promotes third party motor insurance education on social media platforms
Kindly leave a comment and share Chuks Udo Okonta Determined to bridge the knowledge gap arising from the enforcement of third party Motor insurance by the National Insurance Commission (NAICOM) and Nigeria Police, the immediate past Vice President, Association of Registered Insurance Agents of Nigeria (ARIAN) Jegede Kehinde Olatunji, has […]
NAICOM, NEMSA sign MoU to enhance electrical safety, insurance compliance
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) and the Nigerian Electricity Management Services Agency (NEMSA) have entered into a historic partnership, signing a Memorandum of Understanding (MoU) on enforcement. This collaborative effort aims to establish a framework for mutual understanding and cooperation in […]
Comprehensive motor insurance policyholders decry Police harassment
Kindly leave a comment and share Chuks Udo Okonta Motorists in possession of comprehensive motor insurance policies have continued to complain of harassment by some Police Officers who are demanding that they tender third party motor insurance cover as their stipulated vehicle documents. An insurer told Inspenonline that some of […]
NAICOM partners FRSC on enforcement of motor vehicle third party insurance
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) and the Federal Road Safety Corps (FRSC) have joined forces to strengthen enforcement of motor third-party compulsory insurance in Nigeria. This collaborative effort aims to promote a safer and more secure environment for all road users. […]
NCRIB educates traders on wealth creation through insurance
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers has urged Members of the Balogun Business Association (BBA) and ASPAMDA Market to embrace Insurance products to protect their valuables and properties against any unforeseen circumstance. The Council, at the 2025 United Nations Development […]
KBL Insurance champions public awareness on Third-Party Motor policy
Kindly leave a comment and share Chuks Udo Okonta KBL Insurance Limited is stepping up efforts by drawing the attention of members of the public to road safety and regulatory compliance with relevant insurance laws and regulations. The Underwriters are launching an extensive awareness campaign on the Third-Party Motor Insurance. […]
CIIN Insurance Ambassador takes awareness to Lagos State University
Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN), promoting its Ambassador’s Project on Insurance Awareness, today organised an education and enlightenment program for students of Lagos State University. The initiative which was held in partnership with the Department of Insurance Lagos State […]