From left: Deputy President Risk Managers Society of Nigeria (RIMSON), Raymond Akalonu; President, Jacob Adeosun; Director-General Lagos Chamber of Commerce and Industry (LCCI) Muda Yusuf; Former President RIMSON, Mrs Effiom Ekaha and Director, Research & Advocacy LCCI, Vincent Nwani at the event. Leave a comment and share Chuks Udo Okonta […]
Insurance
Google plans to kill off its auto-insurance, credit card, and other comparison tools
Jillian D’Onfro Google is killing off the car-insurance, credit card, and mortgage comparison tools that it rolled out last year. Joshua Dziabiak, COO of a rival car-insurance comparison marketplace called The Zebra, told Business Insider that his company has been getting tips from various industry sources on Monday that Google […]
FBN General Insurance launches auto insurance campaign
Leave a comment and share Chuks Udo Okonta FBN General Insurance Limited has launched an experiential marketing campaign to sensitise motorists on the benefits of buying original, qualitative auto insurance policy from a trusted insurance firms in the country. Head of General Business, FBN General Insurance, Olasupo Sogelola, at the […]
ILO impacts insurance in Nigeria, 15 other countries
By Favour Nnabugwu The International Labour Organisation (ILO) has helped Nigeria and 15 other countries in developing their markets through its Impact Insurance Facility to garner an all inclusive insurance and sharing of good practices among African countries. ILO has in tandem with this, substantially supported market development activities in […]
Cyber insurance offers companies a safety net from online hackers
By Paul Vachon Special to Crain’s Detroit Business Most businesses and people are inextricably connected to the digital world, from desktop PCs and the servers they link with to tablets, smartphones, smartwatches and a litany of other gadgets. And don’t forget today’s high-tech cars. One characteristic all these devices share […]
20% of Dubai cars reported under-insured
All UAE drivers know that car insurance is mandatory, but not all insurance is created equal. A recent investigation by QIC Insured and MoveSouq.com spanning over 45,000 cars has revealed that roughly 20 per cent of Dubai cars are under-insured. What makes an under-insured car? Under-insured cars are those covered […]
Insurers stop policy sales in over 60 localities to prevent fraudulent claims
MUMBAI: Recent frauds in small towns such as Ganjam in Odisha and Kubernagar in Gujarat have prompted insurers such as LIC, ICICI Prudential Life and HDFC Life to ban their agents from selling policies in over 60 localities to prevent fraudulent claims. Scores of agents and hospitals have also been […]
Allianz, AXA in final offers in CIMB insurance deal
CIMB could fetch about US$200 million (RM842 million) from the deal. The so-called bancassurance agreement will allow an insurer to distribute products through CIMB outlets for more than 10 years. – Reuters pic, February 20, 2016.CIMB could fetch about US$200 million (RM842 million) from the deal. The so-called bancassurance agreement […]
NAICOM Approves IGI’s 2014 Accounts
Chuks Udo okonta The National Insurance Commission (NAICOM) has approved the 2014 accounts of Industrial And General Insurance Plc (IGI). This was disclosed in a statement by the company’s management, which described NAICOM’s approval of the financial statements as a positive development and a huge boost to IGI’s restructuring effort. […]
Zurich Insurance says may sell South Africa business
(Reuters) — Zurich Insurance Group A.G. may sell its South African business as part of a strategic review, the Swiss group said on Friday. “In recent years, Zurich has successfully turned around our South African insurance business, which includes our operations in Botswana. The group is now evaluating whether it […]
