Kindly leave a comment and share Chuks Udo Okonta Insurance companies are working assiduously to meet the ever increasing needs of the insuring public. This has led to the deployment of Pay AS You Drive Comprehensive Insurance Policy by Sovereign Trust Insurance Plc. The Pay As You Drive policy, which […]
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NCRIB President Oguntade to break new grounds with 8-point agenda
Kindly leave a comment and share Chuks Udo Okonta The newly elected President of Nigerian Council of Registered Insurance Brokers (NCRIB) Babatunde Oguntade, has said he would leverage an 8-point agenda to break new grounds and sustained legacies laid by his predecessors. He disclosed this in an inaugural speech made […]
Over 1,600 votes cast, as voting ends for 2023 Almond Insurance Industry Awards
Kindly leave a comment and share Chuks Udo Okonta Nominees in the various categories in the 2023 Almond Insurance Industry Awards are in last minutes race as voting ends on Friday 20th of October by 12midnight. The Industry players have responded overwhelmingly to the entire process as over One 1600 […]
NAICOM secures Ministry of Housing and Urban Development support on public buildings insurance
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) as part of its drive to ensure optimal participation in the 2023 National Insurance Conference, the Commissioner for Insurance, Olorundare Sunday Thomas and a delegation from NAICOM today, paid a courtesy visit on the Honourable Minister […]
Bode Opadokun wins 2023 CEO Today Africa Award
Kindly leave a comment and share The Managing Director Sanlam General Insurance Limited, Bode Opadokun has been honored with the prestigious 2023 CEO Today Africa Award. The CEO Today Africa Awards celebrates exceptional leaders who are revolutionizing the business landscape in Africa. This prestigious award recognizes individuals who have demonstrated […]
How insurance paid claims on my stolen bicycle at age 10 – Irukwu’s son
Kindly leave a comment and share Chuks Udo Okonta The late insurance guru Joseph Irukwu, did not just preached about insurance, he exemplified it by buying policies for everything he loved, as testified by his son Agu Irukwu, who said he got his first claims benefit on a stolen bicycle […]
WAICA, NAICOM, IICC pay tributes to late insurance guru Irukwu
Kindly leave a comment and share Chuks Udo Okonta Insurance practitioners across the globe have continued to count on the blessings, late Prof. Joseph Irukwu bequeathed on them and insurance practice. Since his demise on July 7, 2023, tributes have continued to rain from people, who he touched directly and […]
Insurers lose N165.83bn on motor business in 3 years
Kindly leave a comment and share Chuks Udo Okonta The insurance industry had between year 2020 to 2022 loss N165.83 billion on motor insurance business, Inspenonline can report. The Director-General Nigerian Insurers Association (NIA) Mrs. Yetunde Ilori, disclosed this recently at an event in Lagos, adding that the industry loss […]
Nigeria’s insurance industry practitioners at a glance
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurance Industry consists of many arms which also parade many practitioners. The overview of the insurance industry * 56 Insurance Companies * 3 Reinsurance Companies * 460 Insurance Broking Companies * 51 Loss Adjusting Companies * 15,000 Insurance Agents […]
Soaring Dollar rattles insurers on ECOWAS Brown Card claims
Kindly leave a comment and share Chuks Udo Okonta The continued downward sliding of the Naira over the Dollar which has soared above N1000, is ripping off through huge claims, the gains made by insurance companies in the ECOWAS Brown Card business. Available data from the Nigerian Insurers Association (NIA) […]