Foremost underwriting Firm, Sovereign Trust Insurance Plc has announced the elevation of two of its erstwhile General Managers to the position of Executive Directors respectively. The duo who by their recent elevation will automatically become Board Members of the company are Mr. Olaotan Soyinka and Mrs. Ugochi Odemelam. Soyinka before […]
Insurance
Old Mutual Nigeria rated top employers for Nigeria, Africa
Old Mutual Nigeria has been certified by the Top Employers Institute for its exceptional employee offerings. The Institute awarded Old Mutual Nigeria the Top Employers Nigeria 2016 certification and Top Employers Africa 2016 certification based on the company’s dedication to the development of its people. The annual international research undertaken […]
Swiss Mobile-First Insurance Broker Knip Picks Up $15.7M Series B
The digitisation of legacy industries shows no signs of slowing and nor does the enthusiasm of VCs for startups doing just that. Knip, the Swiss ‘mobile-first’ digital insurance broker, has closed a $15.7 million Series B round led by U.S.-based Route 66 Ventures. Germany’s Creathor Ventures and U.S.-based QED Investors […]
Champion Newspapers insurance day holds Dec 21
Leave a comment Chuks Udo Okonta The 2015 Champion Insurance Day Lecture/Luncheon will hold on December 21, 2015 as against the October 27 date earlier slated for the event. A statement signed by the Group Managing Director/Editor-In-Chief Champion Newspapers Limited (CNL) Dr (Mrs.) Nwadiuto Iheakanwa, said preparation for the occasion […]
Income protection insurance under the microscope as complaints to Financial Ombudsman
The number of people complaining about insurance policies not being paid is on the rise. In the past three years, the number of complaints to the Financial Ombudsman has almost doubled. Steve Holland, 57, thought he was fully covered through his insurance – right up until he made a claim […]
Obamacare Insurance Markets Still Vulnerable to Fraud, Experts Say
By Maggie Fox The Obamacare health insurance exchanges are still easily tricked by fraudulent applications, with fake Social Security numbers and bogus immigration details, more than a year after the weakness was first pointed out, officials say. A Government Accountability Office sting also found that many people were double-covered by […]
Insurance premiums: Is $100 the next Obamacare hurdle?
It’s all about the “Benjamins” for many current and potential Obamacare customers. A large majority of adults say “$100 a month or less” is the highest monthly premium they can afford to pay for health insurance in 2016, according to a survey released Wednesday. The HealthPocket.com report found that 57 […]
Insurers told to clarify earthquake coverage
Oklahoma Insurance Commissioner John D. Doak has ordered property and casualty insurers to send each Oklahoma policyholder a clarifying notice of earthquake coverage in response to a growing number of questions about earthquake insurance. “Insurance is complicated,” Doak said. “We know that most people don’t read their policies. Even if […]
Annuities Insurance in the UK – Key Trends and Opportunities to 2019
PRNewswire Synopsis This report is the result of extensive research into the annuities market in the UK, covering its market dynamics, outlook and competitive landscape. It provides details of the market size and projections of new business premiums, and addresses the impact of the new pension rules on annuity providers. […]
Clinton questions plans for health insurers to merge
By Ken Thomas, Associated Press WASHINGTON (AP) — Hillary Rodham Clinton warned Wednesday that two major health insurers preparing multibillion dollar acquisitions could tip “the balance of power” too far away from consumers. The Democratic presidential candidate said in a statement she had “serious concerns” with the proposed acquisition of […]
