Leave a comment and share Businesses in South Africa experienced major losses in July from physical damage, business interruption, and loss of revenue, looting, vandalism caused by civil commotion, protests and riots which resulted in about $3.4 billion in lost output and placed 150,000 jobs at risk. Political risks and […]
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Insurers to harvest low hanging fruits from AIO confab
Insurance sector regulator and practitioners at the event. Leave a comment and share Chuks Udo Okonta Insurance managers have vowed to quickly implement some of the resolutions reached at the recently concluded 47th African Insurance Organisation (AIO) Conference through their product offerings and service delivery. This, they said, will equally […]
AIICO boosts customers experience, satisfaction with embedded insurance concept
Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc, is taking the lead in enhancing customers experience and satisfaction through embedded concept which is presently transforming underwriting practice. Embedded insurance, which is presently gaining traction across the globe, according to experts has the potential to grow into a […]
Old Mutual to bolster insurance penetration with tech
*Believes in the Nigerian project *Committed to maximizing opportunities in Nigeria Leave a comment and share Chuks Udo Okonta Old Mutual Life Assurance and General Insurance, the Nigerian subsidiaries of Old Mutual Limited (OML), Africa’s leading premium financial services group, have reiterated their commitments to the Nigerian market with intent […]
Royal Exchange General Insurance Company posts N11.87bn gross premium in 2020
Leave a comment and share Chuks Udo Okonta Royal Exchange General Insurance Company Limited in year 2020, recorded a gross premium of N11.87 billion, a 12 per cent increase against N10.58 billion posted in 2019, its Chairman, Rabiu Gwarzo, has said. He disclosed this today at the firm’s 13th Annual […]
President Buhari lauds insurance sector on AIO confab, fight against COVID-19
Leave a comment and share Chuks Udo Okonta President Muhammadu Buhari, has again applauded the insurance industry operators for their positive contributions to the growth of the country. This is coming as insurance operators in recent time, have moved beyond their core responsibility of mitigating risks to providing supports to […]
CIIN maiden fellows’ evening holds tomorrow
Leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) will tomorrow, Wednesday, September 22, 2021, hold maiden edition of its Fellows’ Evening. The hybrid event which will hold at Colonades Hotel, located at 21, Alfred Rewane Road, Ikoyi, Lagos, is expected to start by […]
African Alliance eyes 50% market growth, excites brokers with DIY portal
Leave a comment and share Chuks Udo Okonta African Alliance Insurance Plc, has developed an innovative self-service portal to ease seamless transactions between insurer and brokers, even as it is targeting 50% market growth by year end. A statement by the firm’s Brand, Media and Communications Manager, Bankole Banjo, stated […]
AIICO unveils mobile app for easy distribution of products
Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc remains at the forefront of digital innovation with the launch of another solution to aid easy distribution of its products and services; ‘AIICO Express’, a one-stop mobile application for agents to serve customers better and faster. A statement by […]
FG plans N2.3bn insurance cover for Super Eagles players
Leave a comment and share Chuks Udo Okonta The Federal Government is working on providing insurance cover worth N2.3 billion for Super Eagles players who sustain injury or die playing for the country. The President of Nigerian Football Federation, Amaju Pinnick, disclosed this on a monitored programme on Arise Television, […]
