From left: Chairman Person of the occasion and MD/CEO, YorkCity Consult Limited, Mrs. Tonia Smart; Anchor’s General Manager, Retail & Microinsurance, Mr. Uzoma Ofurum; Head, AnchorLoEIS, Mr. Kehinde Olaniyi and Head, Brand & Corporate Communications, Mr. Jamiu Osoba.at the event. Leave a comment and share The 2016 Retail Insurance Company […]
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AIICO Partners Taxify, AutoGenius to Launch “Taxify Cover”
From left: Oluwabiyi Ezekiel (Group Head, Non-Life Retail/SME Business – AIICO)Mr. Adebowale Banjo (General Manager, AutoGenius) Mr. Adewale Kadri (General Manager, Non-Life Business -AIICO) Miss. Abimbola Owolabi (Client Service Executive, AutoGenius)Mr. Uche Okafor(Operations Manager, Taxify)Mr. Nonso Onwuzulike (Operations Manager, Taxify)Mr. Joseph O. Oduniyi (Deputy General Manager, Non-Life Corporate Business – […]
IGI now on Quickteller, launches new website
Leave a comment and share Chuks Udo Okonta Industrial And General Insurance Plc (IGI) has introduced new payment solutions to facilitate online remittances for Insurance policies and ensure safer, more efficient transactions with customers. A statement by the Head, Corporate Communications, of the firm, Steve Ilo, said the initiative now […]
Huge £230,000 worth of fake insurance claims made EVERY DAY in the UK – the “serial claimants” tricking the system
More than £25 million claims linked to fraud rings have been detected – with a further 3,000 under investigation over organised whiplash claims BY EMMA MUNBODHVICKY SHAW A major insurer detected nearly a quarter of a million pounds worth of bogus claims every day last year. Aviva saw a 9.5% […]
NAICOM to release revised RBS guidelines
By: Omobola Tolu-Kusimo The National Insurance Commission (NAICOM) may release a revised priority guidelines on Risk Based Supervision (RBS) for insurance operators this week. Commissioner for Insurance, Mohammed Kari made this known to reporters at the just-concluded African Insurance Organisation (AIO) Conference in Kampala, Uganda. Kari said the Commission had […]
3 Insurance Firms To Raise N6bn Ahead Of Recapitalisation
By ZAKA KHALIQ, Three of the 26 listed insurance companies on the floor of Nigerian Stock Exchange (NSE) have initiated plans to approach their respective shareholders to raise N6 billion in a bid to recapitalise and become stronger to play active roles in insurance market by the time the new […]
FBNInsurance Brokers appoints Ibidapo MD/CEO
Ibidapo Leave a comment and share Chuks Udo Okonta FBNInsurance Brokers, an FBNHoldings company has announced the appointment of Olumide Ibidapo as its new Managing Director and Chief Executive Officer. A statement from the company noted that Ibidapo versed insurance practitioner, started his career with IBN/Marsh Brokers in 1990 and […]
NIA widens search for director general
Leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) has widened its net in search of an experienced director general to provide strategic leadership and direction for the umbrella body of underwriters. According to the association ideal candidates will be required to demonstrate highly advanced strategic […]
Nigeria emerges fifth largest insurance market in Africa
Soares NIGERIA has emerged one of the top five insurance markets in Africa, ranking fifth with overall market share of 85 percent of premiums in the continent. General-Secretary of the African Insurance Organization, AIO, Ms Prisca Soares at a press conference after the launching of the second Africa Insurance Barometer […]
Executive order: NAICOM to rejig capital verification, other initiatives
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) in a bid to align with the executive order on ease of doing business, recently signed by the Federal Government, is working out suitable deadlines for all its priority initiatives. Inspen gathered that top management of the […]
