Executive Director Stanbic IBTC Insurance Limited at the event.
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Chuks Udo Okonta
NEM Insurance Plc, Cornerstone Insurance Plc and Stanbic IBTC Insurance Limited have won the 2024 Risk Analyst Insurance Brokers Limited Award for Outstanding Performance In Claims Settlement.
The award was presented to the underwriters on December 20, 2024 at an event in Lagos, which was graced by top insurance dignitaries
The General Manager Risk Analyst Insurance Brokers Limited Sunday Oyeniyi, who presented the award to the winners, congratulated them, whilst noting that the three underwriters scored 100 per cent in the assessment process.
‘Your commitment to ensuring timely and adequate claims settlements has not only built trust with our clients, but has raised the bar for other underwriters,” he said.
He admonished them not to rest on their oars, stressing that the company is looking forward to better performance from them in the year 2025.
Risk Analyst Insurance Brokers Limited in 2021, started a Quarterly Underwriters Performance Review Meeting, aimed at reviewing the performance of underwriters in terms of claims settlement.
The 2023 recipients of the award were NEM Insurance, Custodian and Allied Insurance and Stanbic IBTC Insurance.
