Kindly leave a comment and share Chuks Udo Okonta Inadequate motivation of insurance agents by underwriting firms remains one of the clogs to growth of the sector, which over 9,000 agents out of the 10,000 registered professionals are without structured retirement plan. Investigation by Inspenonline revealed that presently, only three […]
Insurance
Aside Police let me go, other benefits of third party motor insurance
Kindly leave a comment and share Chuks Udo Okonta Most vehicle owners in Nigeria buy third party motor insurance policies just to avoid Police disturbance not knowing that the N15,000 premium paid gives them access to many more benefits. Benefits from N15,000 third party motor insurance policy. * Avoidance of […]
Unique insurance products NMSMEs owners need for business survival
Kindly leave a comment and share Chuks Udo Okonta Insurance remains one of the best tools to mitigate risks. Therefore, Nano and Macro Small Medium Enterprises (NMSMEs) owners need insurance to keep their businesses going. In this article, Inspenonline has identified unique insurance policies required by these set of business […]
Police warn of rise in bogus insurance claims as people turn to fraud amid cost of living pressures
Press releases The City of London Police’s Insurance Fraud Enforcement Department (IFED) is urging the public to know the risks associated with committing insurance fraud, after reported cases of opportunistic fraud from March 2022 to April 2023 rose by 61 per cent from the previous period. Opportunistic insurance fraud occurs […]
Hallmark HMO saves lives, sustains partnership with LUTH on blood donation
Kindly leave a comment and share Chuks Udo Okonta Hallmark Health Service Limited (Hallmark HMO, a subsidiary of Consolidated Hallmark Insurance Plc) has sustained the annual blood donation partnership with the Lagos University Teaching Hospital (LUTH) to beef up the blood bank of the foremost tertiary health institution. The 2023 […]
Kenya amends insurance law to arm regulator with punitive authority
Kindly leave a comment and share The Kenyan government is working to revise the country’s insurance law as it seeks to empower the industry regulator and increase accountability, including imposing penalties on directors and management of insurers who mismanage insurance companies. Treasury Cabinet Secretary Njuguna Ndung’u said last week that […]
Insurance advisory for fathers
By Ekerete Ola Gam-Ikon God gives us the assurance to be with us every step of the way, and Fathers, made in His image, carry similar assurances to be with their families every step of the way. As Fathers are not God, to handle the risks and challenges of life, […]
Afreximbank launches insurance subsidiary to support intra-African trade
Kindly leave a comment and share Chuks Udo Okonta The African Export-Import Bank (Afreximbank) today in Accra launched its wholly owned insurance management services subsidiary, AfrexInsure, with a commitment to provide a single-entry point for all specialty insurance needs to assist in optimally managing related risks for the trade and […]
CIIN pairs young insurance practitioners with mentors
Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) has informed young insurance practitioners interested in mentorship scheme, to declare interest with its secretariat so as to be paired with a mentor. The Deputy President CIIN, Mrs. Yetunde Ilori, said this at the […]
Largest insurance companies in the world
Kindly leave a comment and share These are lists of insurance companies in the world, as measured by total non-banking assets and by net premiums written The list is based on the 2022 report of the 25 largest insurance companies in the world by 2020 assets from AM Best. They […]
