Kindly leave a comment and share Chuks Udo Okonta A group of over 85 insurers in Africa has pledged to create a financing facility to provide $14bn of cover to help the continent’s most vulnerable communities deal with climate disaster risks such as floods and droughts. The commitment to create […]
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IICC implores Nigerians to use insurance for income accumulation
Kindly leave a comment and share Chuks Udo Okonta The Insurance Industry Consultative Council (IICC) has implored Nigerians to maximise the enormous benefits offered by insurance to accumulate income and improve their lifestyles. The Chairman of IICC, Edwin Igbiti, stated this at the 2022 Training on Compulsory Insurance, held in […]
Sanlam Nigeria wins 2022 BAFI Life Insurance Company award
Kindly leave a comment and share Chuks Udo Okonta Sanlam Life Insurance Nigeria Limited, formerly FBNInsurance, has been awarded the Business Day Bank and Other Financial Institutions (BAFI) Life Insurance Company of the Year. A statement by the Senior Marketing Services Coordinator, Sanlam Life Insurance, Bankole Banjo, stated that the […]
NSIA Insurance appoints Moruf Apampa managing director
Kindly leave a comment and share Chuks Udo Okonta The Board of NSIA Insurance Limited has announced the appointment of Moruf Apampa as the Managing Director/Chief Executive Officer (CEO). The Chairman of the company, Adesegun Akin-Olugbade, disclosed his appointment to journalists today in Lagos. Moruf has a broad and extensive […]
Custodian Group GMD wins Almond Insurance Industry Business Award for Excellence
Kindly leave a comment and share Chuks Udo Okonta The Group Managing Director (GMD) Custodian Investment Plc, Wole Oshin has won the 2022 Almond Insurance Industry Business Award for Excellence. The Award recognises individuals with proven track record of Professional Brilliance, Pioneering, Innovation and Integrity. Recipients of this award are […]
NAICOM compels insurers to publish outstanding claims in Newspapers
Kindly leave a comment and share Chuks Udo Okonta Insurance companies with outstanding claims would henceforth publish the names of claimants in two national newspapers, the Commissioner for Insurance Sunday Thomas, has said. He said this while responding to a question asked by the Publisher of Inspenonline, during the recently […]
African Alliance wins claims excellence insurance award
Kindly leave a comment and share African Alliance Insurance, has emerged as the Claims Excellence Insurance Company of the Year at the recently held BusinessDay’s Banks and Financial Institutions (BAFI) Awards in Lagos. A statement by the awards Committee expressed that: “The Claims Excellence Insurance Company of the Year Award […]
NAICOM drives insurance practitioners to untapped markets
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is geared towards gaining control of a specific segment of the market that have been left untapped by encouraging the introduction of products tailored to the consumers in order to grow insurance businesses. The Commissioner for […]
NIA Chairman Segun Omosehin births distinct initiatives to elevate insurance business
It is new a dawn in the Nigerian Insurers Association (NIA) and by extension the entire insurance industry as Segun Omosehin takes over rein of leadership of insurers fraternity. Chuks Udo Okonta, in this report reveals the distinct initiatives stocked in his kitty which would be used to drive underwriting […]
Micro insurance, pension free NSMEs operators from old age poverty – Experts
Kindly leave a comment and share Chuks Udo Okonta Experts have called for the redesign of the micro insurance and pension plans to accommodate both the Nano enterprise and Small and Medium Enterprises (SMEs). Micro Pension Plan refers to an arrangement under the Contributory Pension Scheme (CPS) that allows the […]
