From left:: Lanre Ojuola, Director, Operations Nigerian Insurers Association (NIA); Mrs Yetunde Ilori, Director-General (NIA); Olusegun Omosehin, Chairman (NIA) and Mrs. Bola Omole, Director, Project (NIA), at the media parley with members of the Nigerian Association of Insurance and Pension Editors (NAIPE), on Tuesday, February 13, 2024, in Lagos.
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Chuks Udo Okonta
Many insurance companies have submitted their outstanding claims status to the Nigerian Insurers Association (NIA) Inspenonline can report.
The status was requested by the NIA in line with the concession secured from the National Insurance Commission (NAICOM) on behalf of members by the association to assume the responsibility to publish in the national newspaper, the invitation to policyholders or beneficiaries of any insurance policy, whose claims or benefits are outstanding with the insurance companies to visit such companies for settlement.
Inspenonline learnt that insurance companies were given on or before Tuesday, February 20, 2024 to submit the outstanding claims status.
The Chairman of NIA, Olusegun Omosehin, had at a press conference in Lagos last week said the association had not received any outstanding claims complaint from the public.
He noted that though the public have been told through a campaign by the association to take their complains to their insurers, the association also anticipated some complaints from people who may not be satisfied with treatment meted on them by their insurers
A source at NIA told Inspenonline that the association has received outstanding claims status from some companies, adding that from the status received so far there in no cause for an alarm as the outstanding claims are not threatening.
Enquiries by this medium to ascertain if policyholders with outstanding claims are actually visiting their insurers showed that the response has been cold.
A Managing Director said claimants have not really come up.
The President Nigerian Council of Registered Insurance Brokers Babatunde Oguntade, also said brokers have not have much complain on outstanding claims from their clients.
