Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) has reiterated its commitments to fostering insurance penetration and sustaining the code of ethics for insurers, whilst calling for more supports from fellows of the institute. The President/Chairman of the Council of the Institute, […]
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Chartered Insurance Institute names His Majesty King Charles III as Patron
Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute (CII) says it is with great honour that we announce His Majesty King Charles III as our new patron. A statement by Dr. Helen Phillips, Chair, CII Group Board, notes that the CII is deeply proud of […]
Besides claims payment, what insurance companies can do for you
Kindly leave a comment and share Chuks Udo Okonta Don’t limit your opportunities as you refrain from insurance just because of the belief that all you can get from insurance companies is settlement of claims when risks occur. Insurance operators responsibilities are more than collection of premium and settlement of […]
Why NAICOM should fully enforce prompt payment of genuine claims
Kindly leave a comment and share Chuks Udo Okonta Payment of genuine claims to me is like withdrawing money from my bank account. As long as I have sufficient deposit, I should be able to make withdrawal to stipulated threshold. Denial or delay in payment of genuine claims is similar […]
NAICOM, NIA to strengthen collaboration on prompt settlement of genuine claims
Kindly leave a comment and share Chuks Udo Okonta The Commissioner for Insurance (CFI) Olusegun Omosehin, has assured the Nigerian Insurers Association (NIA) of continued collaboration to safeguard consumer rights, particularly in ensuring the prompt settlement of genuine claims. Omosehin said this today when members of the Governing Council of […]
One insurance product you shouldn’t have
Kindly leave a comment and share Chuks Udo Okonta Of all the insurance products, the only product you should not dare to have is self insurance. What Is Self-Insurance? Self-insurance involves setting aside your own money to pay for a possible loss instead of purchasing insurance and expecting an insurance […]
Worker’s Day: Heirs Insurance Group appreciates employees with salary increase
Kindly leave a comment and share In an unprecedented move underscoring its commitment to employee welfare, Heirs Insurance Group recently announced a pay raise for its employees, following a groupwide salary increase by Heirs Holdings, its parent company. A statement by the Communications Manager Heirs General, Timilehin Adebiyi, said Tony […]
Insurfeel Initiative donates N36m insurance covers to 15 Nigerians
Kindly leave a comment and share Insurfeel Initiative has donated Uni-personal insurance covers worth N36 million to 15 Nigerians. The Promoter of Insurfeel Initiative Chuks Udo Okonta, said the beneficiaries include, retirees; public and private workers; university lecturers and small business owners. He noted that the donation forms part of […]
NCRIB-LAC pledges to sponsor insurance teachers’ professional qualifications
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) as part of raising competent hands to teach insurance in secondary schools across the country, has promised to sponsor individuals interested in teaching the subject in acquiring professionals qualifications granted by the Chartered […]
Expert decries state of NAICOM’s operations, drums radical reforms
Kindly leave a comment and share Chuks Udo Okonta As the newly appointed management of the National Insurance Commission (NAICOM) settles down for task ahead, the Lead Director, Transparent Protection Limited/GTE, Dr. Sam Onyeka, has identified dark spots in the Commission that should be removed through entrenched radical reforms. Dr. […]
