The Head of Corporate Communications & Investor Relations of Sovereign Trust Insurance Plc, Segun Bankole has been nominated as Federal Road Safety Corps (FRSC) Celebrity Special Marshal. This was disclosed when executives of FRSC visited Sovereign Trust Insurance Plc in Lagos. The visit, Inspenonline gathered was in connection with the […]
Insurance
How you express love with third party motor insurance policy
Kindly leave a comment and share Chuks Udo Okonta All holy books teach about love. The Bible says we should love our neighbours as ourselves. The principles of third party motor insurance policy, clearly depict how motorists can actually show love to their neighbours, as it is the only insurance […]
South Korean electric vehicle insurance business jumps by 53%
Kindly leave a comment and share The compound annual growth rate (CAGR) of insured electric vehicles (EVs) was 59.3 per cent between 2018 and 2022, while the total number of insured vehicles under personal motor insurance grew by 2.7% annually on average over the same period, says Korean Re in […]
Kenya’s demand for actuarial talent expected to increase
Kindly leave a comment and share The demand for actuaries in Kenya is projected to expand following the implementation of the International Financial Reporting Standard 17 (IFRS 17), the Insurance Regulatory Authority (IRA) has said. Titus Osero, senior manager, of actuarial services at the IRA, says the number of actuaries […]
What to do when buying insurance policy from agent
Kindly leave a comment and share Chuks Udo Okonta Insurance agents are closer to the insuring public, hence most insurance deals, especially in retail businesses, are done through them. Why you undertake your insurance deal with a broker, it is necessary, you understand that they are only intermediaries and don’t […]
Heirs Insurance Group launches mobile app, chatbot, USSD channels
Kindly leave a comment and share Heirs General Insurance (HGI) and Heirs Life Assurance (HLA), subsidiaries of Heirs Holdings, launched multiple digital channels, making insurance transactions easier for customers, simplifying access to insurance for all Nigerians. The mobile and digital channels include a chatbot named Prince, which instantly resolves customer’s […]
Insurers to address oil, gas operators’ needs with specialised products
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said there is the urge to intensify the ongoing drive to facilitate platforms that address the demand-supply gap; encourage specialised products that address the needs of the oil and gas Industry. The Commissioner for Insurance […]
Insurfeel: Spreading insurance goodness through feeling
Kindly leave a comment and share Chuks Udo Okonta Yearly, insurance regulator and operators spent million of dollars on Corporate Social Responsibility (CSR), donating products of other sectors to impact lives, without giving out their products which are well designed to soothe pains at the time of risks. They donate […]
ATIDI shareholders approve 2022 results, new 5-year strategic plan
·The African Trade and Investment Development Insurance’s (ATIDI) 23rd Annual General Meetings (AGM) approve solid results in sluggish regional and global economic environment ·At the AGM, ATIDI unveils new identity and shares its Corporate Strategy Plan for 2023-2027 ·Next AGM is scheduled to take place in Zambia Kindly leave a […]
UK car insurance costs jump 40% hitting all-time high
Kindly leave a comment and share The cost of car insurance has risen to an “all-time high” with motorists shelling out a record 40 per cent more for insurance premiums than last year, new data reveals. On average, UK drivers are now paying £776 to insure their cars, up from […]