Kindly leave a comment and share Shareholders of Universal Insurance Plc on Thursday applauded the insurer for its strong financial performance in 2021 despite the difficult operating business environment globally. Speaking on behalf of shareholders, at the insurer’s 52nd Annual General Meeting (AGM) held at Radisson Hotel, Ikeja on Thursday, October […]
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Heirs Insurance bags most outstanding female-centric insurance product of the Year award
Kindly leave a comment and share Blessing Ogbebor Heirs Insurance Limited (HIL), has bagged the award for the most outstanding female-centric insurance product of the year for its inclusive ‘Her Motor insurance’ plan for women. Presented at the 2022 edition of the Women in Marketing and Communications Conference and Awards […]
NCRIB underscores values of insurance in national security
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has said insurance and national security affect each other as risks exposure which insurance exists to succuor would not be rife in an environment challenged by insecurity. President of NCRIB, Rotimi Edu, said […]
Insurers prepare for multi-billion Naira flood claims
Kindly leave a comment and share Chuks Udo Okonta With over 500 persons died, 45,249 houses totally destroyed and 70,566 hectares of farmlands damaged, insurance companies are in for large claims settlement to policyholders that are affected by the flood ravaging parts of the country. Investigations conducted by Inspenonline revealed […]
African Alliance Insurance excites customers with N6.65bn claims
*Marks Customer Service Week with pledge to keep celebrating clients Kindly leave a comment and share Blessing Ogbebor Foremost Life Insurer, African Alliance Insurance Plc, has demonstrated her commitment to customer satisfaction with the payment of N6.65bn in claims as at the end of the third quarter of the year. […]
Sanlam General gets NAICOM approval to underwrite agric risks
Kindly leave a comment and share Blessing Ogbebor Sanlam General Insurance Nigeria Limited, has secured approval from the National Insurance Commission (NAICOM) to underwrite agricultural risks. The Managing Director of the company, Bode Opadokun, speaking during the launch of the scheme, said that NAICOM’s approval to underwrite agricultural insurance would […]
IMT 2022: Insurers tech experts advocate partnerships to deepen underwriting penetration through insurtech
Kindly leave a comment and share Senior Raphael Stakeholders in the insurance and technology sectors have called for partnerships, collaborations, and technology adoption as expedited strategies for Nigeria’s insurance penetration at the Insurance Meets Tech (IMT) inaugural edition conference. This landmark multi-industry discourse, convened by Modion Communications on Thursday, September […]
Huge internet users haven for retail distribution of life insurance products – Onifade
Kindly leave a comment and share Chuks Udo Okonta At the recently concluded annual retreat of the Nigerian Insurers Association (NIA) Life Offices Committee, the MD/CEO, Heirs Life Assurance (HLA), Niyi Onifade, cited the growing number of internet users as an opportunity to leverage technology for retail distribution of life […]
First Standard Insurance Brokers gets kudos for bagging ISO 9001:2015 Quality Management System certification
Kindly leave a comment and share Chuks Udo Okonta It was a joyous moment for staff, management and board of First Standard Insurance Brokers Limited as dignitaries from different fields of endeavour gathered today in Lagos to celebrate and applaud them on the occasion of unveiling of their prestigious ISO […]
Insurance assets soar to N2.3tn in Q2 2022
*Insurers pay N174.8 billion Q2 2022 Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said the insurance industry recorded total asset of about N2.3 trillion in the second quarter of 2022. NAICOM stated this in publication entitled: Bulletin of the Insurance Market Performance : […]