Kindly leave a comment and share Chuks Udo Okonta As part of the ongoing initiatives spearheaded by the Commissioner for Insurance, Olusegun Omosehin, to ensure compliance and enforcement, the 2nd meeting of the Insurance of Public Buildings and Buildings Under Construction Committee took place on Tuesday, July 2, 2024, in […]
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Insurers should market policies to shareholders at AGM – Adeleke
Kindly leave a comment and share Chuks Udo Okonta With less than five per cent of fringe shareholders having insurance policies, insurers have been called to utilise opportunities provided by Annual General Meetings (AGM) to educate and market their products. The Managing Director Lancelot Ventures Limited and former Secretary, Independent […]
RIFAN decries unethical conducts of unlicensed agents, aided by poor third party integration with NIIP implementation
Kindly leave a comment and share Chuks Udo Okonta The Retail Insured Family Association of Nigeria ( RIFAN), the largest consumer association of insurance in Nigeria with the major aim to restoring insured confidence in Insurance Industry, has expressed disatisfation over the poor coordination on the implementation of the integration […]
Insurance as pathway to achieving $1tn economy
Insurance as a catalyst to economic development is expected to feature prominently in attaining the projected federal government $1 trillion economy by 2026. Chuks Udo Okonta, in this report, examines expectations from industry players in the match towards this national quest. The federal government ambition to grow a $1 trillion […]
Why shareholders should be first consumers of insurance products
Kindly leave a comment and share Chuks Udo Okonta The concept of buying and consuming what we produce is a global trend that has helped individuals and nations to prosper. Aligning this concept with insurance, shareholders in the insurance industry should buy and consume products – policies marketed by their […]
NCRIB to empower directors of broking outfits
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) determined to ensure that broking firms operate effectively, is set to empower directors in the sub-sector. The President of NCRIB Babatunde Oguntade, who disclosed this at the June Edition of the NCRIB Members’ […]
Prudential Zenith Life partners Chess in Slums Initiative to empower Nigerians
Kindly leave a comment ond share Chuks Udo Okonta Prudential Zenith Life Insurance, in partnership with Chess in Slums Africa, hosted an inspiring chess competition on June 12, 2024, at The Panoramic Hall, Civic Centre. The event brought together over forty junior chess players, showcasing their strategic skills and passion […]
Rex Insurance unveils brand identify, head office with focus on customers satisfaction
Kindly leave a comment and share Chuks Udo Okonta Rex Insurance Limited formerly Royal Exchange General Insurance Company (REGIC) today unveiled its brand identify and commissioned a state-,of-the-art Head Office, with renewed strength to offer top notch services to customers The Chairman, Board of Directors Rex Insurance Limited Ike Chioke, […]
NIA elects Kunle Ahmed as 26th Chairman
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) has elected the Chief Executive Officer AXA Mansard Insurance Plc Kunle Ahmed as its 26th President. He was elected to the esteemed position at the association’s 53rd Annual General Meeting (AGM) today in Lagos. Ahmed in […]
NAICOM banks on actuarial science, artificial intelligence for insurance transformation
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said actuarial science and Artificial Intelligence (AI) hold immense potentials for transforming the insurance industry. The Commissioner for Insurance/Chief Executive National Insurance Commission (NAICOM) Olusegun Omosehin, said this yesterday at the 2024 Nigerian Actuarial Society […]