Leave a comment and share Segun Bankole “The journey of a thousand miles, they say begin with a step”. No matter how rough that journey might be, the dogged and focused ones never lose sight of where they are headed. They keep forging ahead until the mission is finally achieved. […]
Spotlight
Compulsory building insurance defaulters to pay N5m fine – Bill
• As bill before Senate scaled second reading Leave a comment and share Chuks Udo Okonta A person who fails to comply with compulsory insurance of public buildings and buildings under construction would be liable on conviction to a fine of N5,000,000.00 or imprisonment to a maximum term of 12 […]
Bill bars insurers from granting illegal discounts, rebates
• Continuous violations constitute a ground for cancellation of licence of insurance operators Leave a comment and share Chuks Udo Okonta The Insurance Industry Consolidated Bill, has barred insurance companies from granting any discount or rebate in the approved rate of premium in respect of insurance made compulsory by law […]
32 states shun group life insurance cover for workers
Leave a comment and share Chuks Udo Okonta In spite efforts by the National Pension Commission (PenCom) and the Nigerian Council of Registered Insurance Brokers (NCRIB) to get all states in the country to adopt group life policy for their workers, 32 out of the 36 states have refused to […]
SUNU Assurances celebrates women for setting new records
Female staff of SUNU Assurances during the celebration of the event in in Lagos. Leave a comment and share Chuks Udo Okonta To observe International Women’s Day, Insurance giant, SUNU Assurances Plc is celebrating achievements and acknowledging the increasing visibility of women in every sphere of the company’s operations. The […]
FBNInsurance unveils new product SmartHealth International Plan to brokers
Ojumah Leave a comment and share Chuks Udo Okonta FBNInsurance Limited, recently held its second Brokers’ Forum to introduce its newly launched health insurance product, SmartHealth International, to its Brokers. The Forum, which was aimed at introducing the product to the Brokers, was well attended by over 30 top ranking […]
STI boss celebrates women, calls them iconic
Soyinka Leave a comment and share Chuks Udo Okonta As the world gets set to celebrate the International Women’s Day on March 8, 2021, the Managing Director and Chief Executive Officer of Sovereign Trust Insurance Plc, Olaotan Soyinka, has described the Female employees of the Underwriting Firm as very iconic […]
Continental Re. appoints new Group Managing Director
Mutsunge Leave a comment and share Chuks Udo Okonta Dr. Femi Oyetunji retires March 31, 2021 Lawrence Nazare appointed GMD, effective April 1, 2021 The Board of Continental Reinsurance Plc is pleased to announce Mr Lawrence Mutsunge Nazare’s appointment as the Group Managing Director of the Company, effective April 1, […]
Enterprise Life Nigeria commences operations
Leave a comment and share Enterprise Life, Nigeria, a subsidiary of Enterprise Group PLC, has now opened its doors to the Nigerian public for business. It will be recalled that the Company was granted its operating license from the Nigerian National Insurance Commission (NAICOM) in November 2020, after meeting all […]
NCRIB names Tope Adaramola Executive Secretary
Adaramola Leave a comment and share Chuks Udo Okonta The Governing Board of the Nigerian Council of Registered Insurance Brokers (NCRIB) has endorsed the appointment of Tope Adaramola as the Executive Secretary/Chief Executive Officer of the Council. He is expected to take over from Mr. Fatai Adegbenro, who retires from […]