Kindly leave a comment and share Chuks Udo Okonta FBN Insurance Brokers Limited, a subsidiary of FBN Holdings Plc is leveraging technology and strategic partnerships for value creation and enhanced customer experience. The brokerage firms says it has remained driven by its vision to be the leading provider of insurance […]
Spotlight
NAICOM Board vows to weed out non-performing insurance firms
Kindly leave a comment and share Chuks Udo Okonta The Governing Board of National Insurance Commission (NAICOM) has vowed to revisit the insurance industry recapitalisation, even as it is seeking the support of the Federal Government to effect a major restructuring of the sector and eliminate non-performing companies. NAICOM’s Board […]
Staco Insurance appoints Banmore Managing Director
Kindly leave a comment and share Chuks Udo Okonta Staco Insurance Plc, has appointed Wale Banmore as its Managing Director/Chief Executive Officer, following the approval by the National Insurance Commission (NAICOM) His appointment with two other board members came after the take over of the firm’s board by a new […]
Linkage Assurance records N8.303bn gross premium written half year 2022
Kindly leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has beaten all odds to return strong profitability in half year 2022 despite the challenging business environment. The company in a statement to the Nigerian Stock Exchange and shareholders on the unaudited result for the second quarter ended […]
Insurance, Pension Journalist escapes death from motor accident
Kindly leave a comment and share The Insurance and Pension Editor of NewsPage Media, Sola Alabadan, escaped death by whiskers at the weekend while travelling from Lagos to Ekiti State, as a Toyota Sienna vehicle with Registration number GGE970GB, suddenly hit his car from the back and pushed him under […]
95% of insurers upload data on NAICOM portal within one month
Kindly leave a comment and share Chuks Udo Okonta Presently, 95 per cent of insurance operators upload their data on National Insurance Commission (NAICOM) portal within one month, Inspenonline can report. Deputy Commissioner Technical, NAICOM, Sabiu Abubakar, disclosed this at an event in Lagos, adding that the commission is optimistic […]
Insurance broker pays $900 claims for underwriter
Kindly leave a comment and share Chuks Udo Okonta An insurance broker has narated how his company paid $900 claims on behalf of an underwriting firm which failed to honour its responsibility. The broker implored insurance companies to do more to change the mindset of the populace on insurance from […]
Insurers pay about 81.4% of claims reported in Q1 2022 – NAICOM
Kindly leave a comment and share Chuks Udo Okonta Insurance companies paid about 81.4 per cent of all claims reported during the first quarter of this year, the National Insurance Commission (NAICOM), has said. The Deputy Commissioner, Technical, NAICOM, Sabiu Abubakar, disclosed this at an event organised recently by the […]
Old Mutual Nigeria launches bespoke digital platform to deepen insurance access for brokers
Kindly leave a comment and share Chuks Udo Okonta As part of its commitment to enabling Nigerians with ease of access to insurance products, the Nigerian subsidiary of pan-African insurance firm and leading global financial services provider, Old Mutual Limited (OML), today launched a bespoke online platform for brokers, one […]
Anchor, Sovereign Trust, Universal to sponsor NAIPCO new exco inauguration
Kindly leave a comment and share Anchor Insurance Company Limited, Sovereign Trust Insurance Plc, and Universal Insurance Plc are set to sponsor the inauguration of the newly elected executive members of the National Association of Insurance and Pension Correspondents, (NAIPCO). The inauguration which comes up on 25th of August, 2022 […]
