Kindly leave a comment and share Chuks Udo Okonta The Chairman, Nigerian Insurers Association (NIA) Segun Omosehin, has said the association would review the process that led to non signing of the consolidated insurance bill 2020. He disclosed this during the association’s annual general meeting in Lagos, adding that the […]
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NIA works on cover, rate for electric vehicles
Kindly leave a comment and share The Nigerian Insurers Association (NIA) has set up a sub-committee to come up with appropriate cover; rate and documentations for underwriting of electric vehicles. The Chairman, Motor Technical Committee, Nigerian Insurers Association, Dr. Joyce Odiachi, said this in a report of the committee submitted […]
How early Christians benefited from insurance
Kindly leave a comment and share Chuks Udo Okonta Insurance could be said to be one of the pillars that held the early Christians together and helped managed their risks and stemmed poverty among them. According to the following Bible verses; Acts 4:32: And the multitude of them that believed […]
Sanlam Nigeria promotes financial inclusion with #ProudMoments campaign
Kindly leave a comment and share Chuks Udo Okonta Sanlam Nigeria recently launched the #ProudMoments campaign to herald a fresh approach to deepening financial inclusion and aid the appreciation for Insurance services across businesses and for individuals. A statement by the Senior Marketing Services Coordinator Sanlam Life Insurance Nigeria Limited, […]
Hallmark HMO to hold stakeholders’ engagement
kindly leave a comment and share Hallmark Health Services Limited (Hallmark HMO), a subsidiary of Consolidated Hallmark Insurance Plc has finalised arrangements to hold the 2023 edition of the company’s Annual Stakeholders’ engagement on Wednesday, July 5th in Lagos. The event which is the second in the series, is scheduled […]
Royal Exchange General Insurance rebrands
How to tackle sales of fake motor insurance policies
Kindly leave a comment and share Chuks Udo Okonta The proliferation of fake motor insurance policies has continued to denied insurance industry and Nigeria huge revenue as only about 3 million of the 12 million vehicles in the the road have genuine policies. To solve the menace of fake motor […]
Nigeria’s flagship insurtech conference announces second edition
*50+ Speakers; 20+ Demos and Masterclasses and about 3,000 participants expected Kindly leave a comment and share The second edition of the Insurance Meets Tech (IMT) conference is set to take place on September 28 and 29, 2023, at the Civic Centre Victoria Island Lagos, to address prevailing concerns in […]
How to share risks, profit with takaful insurance
Kindly leave a comment and share Chuks Udo Okonta Lovers of insurance who often complained of not getting cash back after years of no claims, can find succour in takaful insurance that allows risks and profits sharing by Policyholders. Takaful is a form of Islamic insurance, and ii is different […]
Growing insurance premium with deferred annuity
Kindly leave a comment and share Chuks Udo Okonta The insurance industry would have earned more than the N726.2 billion it recorded in 2022, if all available opportunities were explored, of which deferred annuity is one. Since part of pension business was removed from the insurance industry and its asset […]