From left: Head, Life Benefits & Claims, AIICO Insurance Plc, Titilola Okunlola; Head, Group Life Business, Benson Ogunyamoju; Head, Corporate Services, Phil Maduagwu; Head, Retail Life Business, Sola Ajayi; Head, Non-Life Business, Adewale Kadri; Head, Audit Services, Abiodun Adebanjo and Head, Strategic Marketing & Communications Department, Atinuke Jose at the event.
Leave a comment and share
Chuks Udo Okonta
AIICO Insurance Plc has resumed the writing of National Pension Commission (PenCom) regulated annuity business, having sealed a pack with First Pension Custodian (PFC) and cleared by the pension regulator to recommence the sale of the product nationwide.
The Head of Retail, Sola Ajayi, at a press conference today in Lagos stated: “We are open for business nationwide and have already started booking new annuity sales from all Pension Fund Administrators (PFAs).”
He noted that within the company used the period life insurers were embargoed by PenCom to writer retirement annuity, to train her staff, strengthened the Information Communications Technology (ICT) and enhance relationship with customers.
According to him, the company is now poised to offer excellent and robust services to all annuitants, through state-of-the-art information communications technology and well trained workforce.
AIICO Insurance is one of the pioneers of Annuity in Nigeria, having started Annuity sales since 2013. The business has over 7,500 annuitants who are being paid their monthly annuities. The AIICO Annuity product is designed to pay customers for the entire duration of their life, no matter how long they live. We are committed to the eradication of old age poverty in Nigeria, one person at a time.
AIICO Insurance asset backing annuity liabilities is in excess of Thirty Billion Naira (N30,000,000,000), which is a testament to AIICO’s commitment to ensure that all future commitment will be met as at when due.
“We thank all our existing customers; we will continue to be there for them and say a hearty welcome to all our intending customers” said the Chief Operating Officer, Mr. Babatunde Fajemirokun.
All enquiries on this product should be directed to annuity@aiicoplc.com or call our Customer Care Line on 07000 244 2272.
AIICO Insurance Plc., is the leading life insurer in Nigeria. Founded in 1963, AIICO provides life and health insurance, general insurance, investment management and pension management services as a means to create and protect wealth for individuals, families and corporate customers. AIICO has the largest agency workforce in the industry and has branches in 20 states across Nigeria. For more information on AIICO’s product offerings and services, please visit www.aiicoplc.com or call the Customer Care Line on 07000 244 2272.
