Kindly leave a comment and share Chuks Udo Okonta Many people believe they can manage their risks, hence don’t consider insurance in their financial plan. This belief is known as self insurance. The concept of self insurance has led many people into poverty and even death as they were unable […]
Spotlight
NCRIB sets October 19, 2023 for investiture of incoming President Babatunde Oguntade
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has set Thursday, October 19, 2023 for investiture of its incoming President Prince Babatunde Oguntade. The President of NCRIB, Rotimi Edu, said this yesterday at the August 2023 Edition of NCRIB Members’ Evening […]
PenCom hammer dangles on employers submitting incomplete remittance documentations to PFAs
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has given employers with incomplete remittance documentations till December 31, 2023 to provide their Pension Fund Administrators (PFAs) requisite information to facilitate the crediting of pension contributions into the employees RSAs or face regulatory actions. PenCom […]
How you can earn retirement benefits payments from both annuity and programmed withdrawal
Kindly leave a comment and share Chuks Udo Okonta Many workers at the point of retirement get trapped in dilemma of choosing either annuity or programmed withdrawal as best monthly benefits payments. But recent events in the country have shown that both have limitations. Owing to the emerging limitations occasioned […]
NIA DG charges guild members to esteem professionalism
The Director-General, Nigerian Insurers Association (NIA) Mrs. Yetunde Ilori, has charged Guild of Marine Surveyors members to live above board, esteemed professionalism and good competence while offering their services. She said this while speaking on the topic: ‘Championing Professionalism and Competence in Effective Service Delivery’ at the Second Monday Ogadina […]
Leadway Assurance provides vital expertise to farmers amidst anthrax outbreak concerns
Kindly leave a comment and share Chuks Udo Okonta Leadway Assurance, one of Nigeria’s foremost players in Nigeria’s insurance landscape, has taken assertive measures to offer critical risk mitigation guidance and support to Nigerian farmers in response to the escalating concerns surrounding the recent anthrax outbreak that has impacted livestock […]
AIICO partners ETAP to redefine car insurance for Nigerians
Kindly leave a comment and share Chuks Udo Okonta AIICO Insurance, Nigeria’s trusted insurance titan with six decades of excellence has partnered with ETAP, an insurance technology company that creates solutions and incentives to improve the automotive experience across Africa, to drive increased penetration of car insurance in Nigeria. AIICO […]
Linkage Assurance offers budget friendly motor third party plus variants
Kindly leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has unveiled budget friendly motor third party plus variants to enhance customer experience. The Third Party Plus Variants provide policyholders with greater flexibility in choosing insurance coverage that suits their needs and risk tolerance. Daniel Braie, Managing Director/CEO […]
Microsoft, Leadway, aYo Nigeria, Old Mutual Insurance sponsor Meets Tech 2023
Kindly leave a comment and share Chuks Udo Okonta The stage is set for the most significant convergence of insurance, insurtech, regulators and tech stakeholders in West Africa as leading tech and insurance brands – such as Microsoft, Leadway Assurance Company Limited, aYo Nigeria, and Old Mutual have been onboarded […]
NAICOM tasks insurers to notify clients of renewal 60 days to expiration of policy
Kindly leave a comment and share Chuks Udo Okonta Do you know that it is an offence, if an insurance company fails to notify you of renewal 60 days to expiration of a policy? The National Insurance Commission (NAICOM) in its 2022 Revised Market Conduct and Business Practice Guidelines for […]