Kindly leave a comment and share Chuks Udo Okonta Do you know that your life and properties have a latent insurance protection secured through motor insurance? According to the law, insurance of motor vehicles against the risk of liability for injury to, or death of, third parties caused by the […]
Insurance
How insurance saved Omotolani from anguish, replaces his badly accidented car
Tope Adaramola There is no point saying the obvious that “town is bad” as we often say in street lingo. To feed for many Nigerians is hard, talk less of replacing a precious lost property. Just like many Nigerians, young and upwardly mobile Ogunsanya Motolani was hesitant yielding to the […]
Driving without motor insurance earns you one-year imprisonment
Kindly leave a comment and share Chuks Udo Okonta Are you aware that according to the Nigerian Insurance Act of 2003, any driver caught driving without an auto insurance can receive a fine of up to N250,000 and/or imprisonment for about 1 year? In Nigeria, the insurance of motor vehicles […]
Sovereign Trust Insurance spokesman bags FRSC Celebrity Special Marshal status
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 […]
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 […]