Insurance

Anchor Insurance settles Bedmate Furniture Nigeria Company’s N21m claims

From left: Benard Duru, Group Head, Brokers’ Unit, Anchor Insurance; Mayowa Adeduro, MD/CE, Anchor Insurance; Dotun Olabanjo-Ojo, Insurance Manager, RSM Insurance Brokers Limited and Broker to Bedmate Furniture Nig.Co. Ltd,; and Nsimah Jeremiah, ED, Technical, Anchor Insurance at the cheque presentation.

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Chuks Udo Okonta

Anchor Insurance Company Limited has again made good its promise and commitment to prompt settlement of genuine claims by paying N21 million to Bedmate Furniture Nigeria Company Limited following the conclusion of claim adjustment of recent fire incident at the firm’s Lekki, Lagos office.

A statement by the Company’s Brand and Corporate Communications Managers, Jamiu Osoba, noted that the payment was made to indemnify Bedmate Furniture Nigeria Company Limited for a claim that occurred in its showroom which was attributed to power surge/overheating of electrical appliances leading to damage to the furniture on display at its showroom II: Block 4,Plot 283 , Idado, Lekki Expressway, Lagos.

According to the him, the fire incident occurred in the midnight of 27th/ 28th April, 2017 and the claim was recently concluded and payment issued within three days of insured executing discharge voucher to the insurer.

He confirmed that, the payment of this claim has indeed demonstrated the company’s readiness to support businesses by ensuring smooth and continuous operation through timely indemnification when such loss occurs. He added that insurance played a key role in sustaining businesses and individuals world over with insurance covers like fire or any in order for such businesses or individual to continue with operations without any hindrance that may arise from any loss.

The company has paid over N500million in claims settlement since inception of the current year to numerous of its esteemed clients across various sectors of the economy in order to ensure the continuity of their businesses and to meet their targeted business projections.

He re-emphasized that Anchor Insurance company is adequately capitalize with multi-disciplinary management who has expertise in insurance business and backed by robust and solid technical partnership with leading Reinsurance Underwriters and Reinsurance Brokers both locally and internationally. “Prompt settlement of genuine claims has been our culture and this we intend to keep doing so as to give confidence to the insuring populace and create more awareness for insurance culture in Nigeria,” he stated.

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