Kindly leave a comment and share Chuks Udo Okonta The enforcement of No Premium No Cover policy has forced down insurance outstanding premium to 0.2 per cent, National Insurance Commission (NAICOM) has said. The Commissioner for Insurance Sunday Thomas, disclosed this yesterday at the 2023 NAICOM Conference for Insurance Journalists […]
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NAICOM to name, shame insurers with unpaid outstanding claims
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said it has mandated all insurance companies to commence publications of all outstanding claims in their records. The Commissioner for Insurance Sunday Thomas, said this yesterday at the cocktail of the ongoing 2023 NAICOM Conference for […]
NAICOM assures prompt claims payment at third party motor insurance awareness workshop in Uyo
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) today, organised awareness workshop on compulsory insurance for drivers and other road users at Itam Central Park Uyo, Akwa-Ibom State, assuring the public of prompt payment of genuine claims. The Commissioner for Insurance Sunday Thomas, who […]
Why prompt claims payment is best advertorial for insurers
Kindly leave a comment and share Chuks Udo Okonta An insurance agent, Joe Benson, was on a trip with a friend. While at the airport, his friend met a client. They embraced and greeted. Benson, also greet his friend’s client and gave him his company’s complimentary card. The man on […]
GCR upgrades Leadway Assurance’s financial strength rating to “AA+”
Kindly leave a comment and GCR Ratings, one of Africa’s foremost rating agencies, has revised Leadway Assurance Company Limited’s financial stability rating to AA+(NG) from AA(NG) in their June 2023 Report. The upgraded rating reflects Leadway Assurance’s consistent and superior capacity to meet its financial commitments and obligations, affirming the […]
Shareholders, brokers implore NAICOM to investigate insurance firm battling with claims, salary, commission payment
Kindly leave a comment and share Chuks Udo Okonta Shareholders and brokers have made a passionate appeal to the National Insurance Commission (NAICOM) to investigate an insurance company that has been hit by exodus of its marketers due to failure to pay commission, delayed claims and irregular salary payout to […]
How poor people benefit from the rich through insurance
Kindly leave a comment and share Chuks Udo Okonta Insurance entails pooling of funds from different contributors into a kitty and drawing from it to attend to those who suffer a risk. Insurance system remains one of the means that brings the poor and rich together classifying them as policyholders. […]
Don’t let claims defaulters frustrate you, report to NAICOM
Kindly leave a comment and share Chuks Udo Okonta Osato Peter got to his supermarket to observed that it has been burgled the previous night. He was astonished by the level of damage done to his business. He quickly drove to the nearby Police station to report the incident. While […]
Guild of Marine Surveyors holds second annual memorial lecture for Monday Ogadina Thursday this week
Kindly leave a comment and share Chuks Udo Okonta The Guild of Marine Surveyors has announced plans to hold the second annual memorial lecture for Monday Ogadina on Thursday, August 24, 2023. A statement by the President, Guild of Marine Surveyors, Wale Adetoro, said the second annual memorial lecture has […]
How to achieve dreamed wedding with profit sharing takaful plan
Kindly leave a comment and share Chuks Udo Okonta Congratulations to all those that wedded today. They should be celebrated for wedding is no longer an easy feat in recent time, due to soaring cost of living. For the unmarried that look forward to their wedding day, profit sharing, marriage […]