Spotlight

Insurance

Insurers to begin publications of outstanding claims

Kindly leave a comment and share Chuks Udo Okonta Insurance companies are almost set to commence publications of outstanding claims even as the National Insurance Commission (NAICOM) may sanction any insurance company found to be dealing with unlicensed insurance agents and brokers in the country. This is a regulatory response […]

Insurance

Why insurance is better than begging

Kindly leave a comment and share Chuks Udo Okonta Begging for financial assistance is an act people with dignity do not like to practice, but when challenges beyond their capacity arise they are forced to beg. People engage in economic activities so as to cater for their needs and handle […]

Insurance

Leadway, Leytro forge strategic partnership to Offer Tech-driven Pay-As-You-Drive Insurance for fleet managers, drivers in Nigeria

Kindly leave a comment and share In a strategic move aimed at advancing technological innovation in the insurance sector and facilitating the seamless adoption of insurance products in Nigeria, Leytro, a leading insurtech company specialising in usage-based insurance for SMEs, has entered into a collaboration with Leadway, one of Nigeria’s […]

Insurance

NAICOM creates multi-billion naira businesses for insurers in real estate, hospitality sectors

Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has opened up a multi-billion naira underwriting businesses for insurance practitioners in real estate, hospitality and tourism sectors. The business opportunities were created during the recently held 2023 National Insurance Conference with the theme: ‘Redefining Safety; […]

Insurance

ARIAN decries mass exodus of agents from insurance sector

Kindly leave a comment and share Chuks Udo Okonta Lack of adequate incentives has forced many agents out of the insurance industry, the Association of Registered Insurance Agents (ARIAN), has posited. They expressed worries over the future of the insurance agency network, which according to them presently contributes 51 per […]