Kindly leave a comment and share Chuks Udo Okonta As third party motor insurance policy only covers against third party/person liability, it is also necessary to protect yourself against risks from incidences, especially now that inflation has shut the cost of things above the rooftop. Most insurance companies now offer […]
Insurance
Cornerstone Insurance projects Stephen Alangbo for Group Managing Director position
Kindly leave a comment and share Chuks Udo Okonta As the Group Managing Director,Cornerstone Insurance Plc, Ganiyu Musa retires comes July 1, 2023, there are indications that the firm’s Executive Director, Technical Operations, Stephen Alangbo, would take over from him. Inspenonline findings revealed that Alangbo who joined the company last […]
Micro insurers should underwrite group personal accident for road passengers – Expert
An insurance expert, Chris Ogbaisi, has canvassed that the proposed compulsory group personal accident for all road passengers in transit, should be domiciled with micro insurance operators. Ogbaisi, stated this in a comment section of the report by Inspenonline, stating that the scheme be driven as a micro insurance scheme […]
FG to make insurance compulsory for road passengers
Kindly leave a comment and share Chuks Udo Okonta Nigerian Insurers Association (NIA) and Global Sight Services Limited are working with the Federal Government, through Federal Road Safety Corp (FRSC) to make compulsory a group personal accident for all road passengers in transit. The Director-General of NIA, Mrs. Yetunde Ilori, […]
How insurance is used to express love
Kindly leave a comment and share Chuks Udo Okonta It is said that; ‘if you love it insure it’. Insurance remains one of the best tools to express love on what matters to us. This is why footballers insure their legs; musicians their voice and compulsory life cover for security […]
Rwanda to host African Trade Insurance Agency’s 23rd AGM in July
Kindly leave a comment and share The African Trade Insurance Agency (ATI) is set to hold its upcoming Annual General Meeting in Kigali, Rwanda – the pan-African multilateral trade & investment insurer has disclosed. The event is scheduled to take place from the 5th to 7th July 2023 and is […]
Why you should fear insurance companies that lack after sales service
Kindly leave a comment and share Chuks Udo Okonta Who you entrust your risks to manage should be of concern to you. Therefore, entrusting your risks to someone who does not care about you is a great risk. Investigations conducted by this medium revealed that only few insurance firms engage […]
Kenya govt mulls mandatory contributions to retirement medical insurance schemes
Kindly leave a comment and share The Kenyan government says it will review the current framework for post-retirement medical insurance schemes to make contributions to them mandatory by members and sponsors. The goal is to sustain access to healthcare services by retirees. The plan is part of proposals contained in […]
NIA holds 52nd annual general meeting tomorrow
Kindly leave a comment and share Blessing Okonta The Nigerian Insurers Association (NIA) will hold its 52nd Annual General Meeting on Tuesday, June 27, 2023 at Insurers House, 42, Saka Tinubu Street, Victoria Island, Lagos at 12 noon. A statement by the Deputy Director, Corporate Communications, Human Resource, and Administration, […]
How to know insurance firm that wouldn’t pay claims
Kindly leave a comment and share Chuks Udo Okonta As a journalist, many insurance policyholders assume I work in an insurance company and are quick to report underwriters that are defaulting in settlement of claims. Having knowledge on signs exhibited by companies that don’t honour claims responsibilities is essential to […]