Kindly leave a comment Chuks Udo Okonta The stage is now set for the 2024 Annual Almond Insurance Industry Awards, as nominations officially opens today Friday, May 24, 2024 and will run for four weeks. To affirm the integrity of the awards, Hon. Justice Olufunmilayo Atilade, the 15th Chief Judge […]
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How to know insurance company that won’t pay claims
Kindly leave a comment and share Chuks Udo Okonta Payment of claims promptly is a major obligation insurance companies own their policyholders having collected premium from them. In insurance contract, the insurer and insured both have obligations that must be followed statutorily. Therefore, each of them is expected to have […]
FBS Re, Munich Re train African insurers, brokers on fire insurance, reinsurance accounting
Kindly leave a comment and share Chuks Udo Okonta FBS Reinsurance and Munich Reinsurance of South Africa had successfully conducted a joint training program on Fire Insurance and Reinsurance Accounting for insurers and brokers across five countries in Africa. The 3-day training program which ran from 20th-22nd May, 2024, in […]
Quest for CIIN’s award of honorary fellowship to distinguished insurance practitioners mounts
Kindly leave a comment and share Chuks Udo Okonta Concerned stakeholders in the insurance industry have called on the Chartered Insurance Institute of Nigeria (CIIN) to expand its coast by attracting more professionals through award of honorary fellow status to distinguished insurance practitioners. The stakeholders stated this while reacting to […]
Leadway Assurance, Heifer, Pula pay N110m claims to Crop Farmers in Kaduna State
Kindly leave a comment and share Chuks Udo Okonta Leadway Assurance Company Limited, in partnership with Heifer Project International and Pula Advisors, is pleased to announce a substantial claims payout totaling N110 million to ginger crop farmers in Kaduna State. These farmers, managed by the AFEX Commodity Exchange, suffered significant […]
Sovereign Trust Insurance wins‘Best Digital Innovation Insurance Company of the Year award
The award was to honour Excellence, Innovations, Creativity and Professionalism in Brand Practice in West Africa. Sovereign Trust Insurance Plc won the ‘Best Digital Innovation Insurance Company of the Year’
Insurance products clerics should encourage followers to have
Kindly leave a comment and share Chuks Udo Okonta Leading an insurance believing congregation would engender peace; prosperity and rest of mind for clerics. Therefore, they should aside preaching the gospel, educate and empower their members with knowledge on insurance. It is good to note that some religious organisations do […]
How insurance companies neglect their policies, buy external products to drive CSR
Kindly leave a comment and share Chuks Udo Okonta Honour is best served with what you have. For the insurance industry, honour is served with what is obtained from others. Welcome to the world of insurance industry’s Corporate Social Responsibility (CSR). A world where billions of Naira are spent annually […]
NAICOM moves to embed insurance in national credit scheme
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is taking steps to embed insurance within the national credit scheme, the Commissioner for Insurance Olusegun Omosehin, has said. He disclosed this his management team welcomed members of the Constitutional Committee on “Mobilisation and Diversification” of […]
Over 58 NCRIB delegates upskill at BIBA Conference in UK
Kindly leave a comment and share Chuks Udo Okonta Over 58 Insurance practitioners cut across the Nigeria Insurance Industry are currently honing their professional skills at the ongoing British Insurance Brokers Association’s (BIBA) Conference in Manchester, United Kingdom. The BIBA Conference which has a well earned reputation for showcasing the […]