Kindly leave a comment and share The Commissioner for Insurance, Nigeria Olorundare Sunday Thomas, has been elected President of the Organisation of African Insurance Supervisory Authorities (OAISA). Thomas’ election alongside his vice-president Issouf Traore of Cote D’ Ivoire was ratified at the general assembly of the body at Tunis, Tunisia […]
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Insurers earmark N133.39m for industry rebranding project
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) said N133.397 million is in its coffers for the insurance industry rebranding project. The association stated this in its 2022 annual report and accounts presented at its recently held annual general meeting in Lagos. The amount […]
How associations can support families of deceased members with group life insurance
Kindly leave a comment and share Chuks Udo Okonta Many groups and associations are giving succour to families of deceased members through group insurance platform. With this, members of a group or association are freed from the burden of regular financial contributions when a member dies. Under the group insurance […]
Cornerstone Insurance celebrates Ganiyu Musa today, as he clocks 60
Kindly leave a comment and share Cornerstone Insurance Plc, today is celebrating the life and times of its outgoing Group Managing Director/Chief Executive Officer, Ganiyu Musa, as he clocks 60 years. The birthday celebration is billed to take place at the Oriental Hotel Victoria Island Lagos, Ganiyu Musa is a […]
Don’t fear, NAICOM ‘ll help you recover genuine claims
Kindly leave a comment and share Chuks Udo Okonta Many people have given up on insurance due to bad claims experience with some insurance companies in the past. Giving up is not the solution, as it amounts to creating more problems, as you have to carry your risks alone, impacting […]
Staff agitate, as investors of top insurance firm plan to offload stakes
Kindly leave a comment and share Chuks Udo Okonta Fear seemed to becloud one of the top insurance companies in the country as majority shareholders planned to sell their investments to a suitor. Investigation by Inspenonline revealed that most of the top management staff of the firm are already seeking […]
NIA to review motor claims process
Kindly leave a comment and share Chuks Udo Okonta The Motor Technical Committee (MTC) of the Nigerian Insurers Association (NIA) has said it would soon commenced the review of motor claims process to resolved identified challenges. The Chairman of the committee, Dr. Joyce Odiachi, disclosed this in a report submitted […]
Insurers to review what happened to consolidated insurance bill 2020
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 […]
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 […]
