Kindly leave a comment and share Chuks Udo Okonta Insurance awareness and education have continued to suffer setbacks from the public owing to poor service delivery and menace of unpaid claims. A review on awareness and education executed on social social media platforms by insurance companies, showed that 80 per […]
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Lasaco Assurance pays N443m death benefits to 132 families of deceased Lagos State SUBEB, Local govt Staff
Kindly leave a comment and share Chuks Udo Okonta Lasaco Assurance Plc, a trusted Insurance partner in safeguarding the welfare of Lagos State employees, has proudly played a key role in the disbursement of N443 million as death benefits to 132 families of deceased Local Government and State Universal Basic […]
Afraid of where to buy good policies, talk to insurance journalists
Kindly leave a comment and share Chuks Udo Okonta Are you worried about having a good insurance company to insure your risks? Fear no more, just talk to an experienced journalist covering the sector about your plans. Journalists covering insurance sector are custodians of rich information about all insurance companies […]
Publications of unpaid claims by insurance firms good for policyholders decisions
Kindly leave a comment and sharet Chuks Udo Okonta As the National Insurance Commission (NAICOM) settles down for year 2025 regulations, one area that the public is anxiously waiting to see actions is in prompt payment of claims, of which the Commission gave insurance companies December 31, 2024 deadline to […]
How insurance sector can aid NPF on enforcement of third party motor insurance policy
Kindly leave a comment and share Chuks Udo Okonta For the Nigeria Police Force (NPF) to effectively enforce purchase of third party motor insurance by motorists, the insurance industry has a lot to contribute. To a large extent, the insurance industry which is the greatest beneficiary of the enforcement, would […]
Nigeria Police to begin enforcement of third-party motor insurance Feb 1, 2025
Kindly leave a comment and share Chuks Udo Okonta The Inspector General of Police, Federal Republic of Nigeria, Dr. Kayode Egbetokun, has said full enforcement of third-party motor insurance would commence on February 1, 2025. He stated this when the Commissioner for Insurance and Chief Executive Officer of the National […]
NAICOM eyes unlocking secrets of Malaysia in Takaful insurance development
Kindly leave a comment and share Chuks Udo Okonta The Commissioner for Insurance and Chief Executive Officer of National Insurance Commission (NAICOM) Olusegun Ayo Omosehin, has said the Commission would collaborate with the Malaysia’s Government to unlock the secrets of success in Takaful insurance development. He said this when he […]
Mourning Exit of ‘Titanic’ Bode Emanuel
By Tope Adaramola To aver that Justin Olabode Emanuel was one of the titans of the Nigerian nation is not an overstatement. He had his inimitable footprints, particularly in the financial services sector which he bestrode like a colossus for multitude of years. His imprints as founder and the brainchild […]
NAICOM, Federal Fire Service to integrate insurance policy into approval checklist
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) and the Federal Fire Service (FFS) met today at the NAICOM Headquarters to review and strengthen their partnership and agreed to integrate Fire Insurance Policy into checklist for approvals by the FFS. The Federal Fire Service, […]
Why killers of insurance companies should be punished
Kindly leave a comment and share Chuks Udo Okonta As the public awaits National Insurance Commission (NAICOM) fulfill its promise to prosecute people who run down insurance companies, recent events have called for speedily implementation of such action, which would help to abate harm and troubles afflicted on policyholders and […]