The Insurance and Pension Editors of Nigeria (IPEN) and the Lagos Chamber of Commerce and Industry (LCCI) are strategising to enhance better customer service delivery from insurance companies and Pension Fund Administrators(PFAs) in the country. To this end, the executive…
Heirs General Insurance (HGI) and Heirs Life Assurance (HLA), subsidiaries of Heirs Holdings, have launched multiple digital channels, making insurance transactions easier for customers, simplifying access to insurance for all Nigerians. The mobile and digital channels include a chatbot named…
The National Insurance Commission (NAICOM) has called on insurers to develop specialised products to address the needs of the oil and gas industry. Commissioner for Insurance and CEO, NAICOM, Mr Olorundare Sunday Thomas, said this in a keynote address presented…
Leadway Assurance Company Limited, one of Nigeria’s leading insurers, has, in consortium with other leading insurance companies – Sanlam Insurance, Mutual Benefits and LASACO, successfully disbursed the sum of N535 million in Group Life Insurance claims to 68 beneficiary members…
The inability of wide bodied aircraft to take off and land at the Port Harcourt International Airport, on Thursday and Friday over inadequate fire risk preparedness will increase insurance premium of foreign airlines into Nigerian airports. It was reported that…
Policyholders of Anchor Insurance Company Limited who suffered Insured risks in 2022 financial year, were compensated to the tune of N1.42billion. The claims paid showed a 42.60 percentage rise when compared to the N997.42million compensated it made in 2021 financial…
The Second InsureTech will be holding its conference September 28 and 29, in the industry and on the continent this year, at the Civic Centre Victoria Island, Lagos which has been themed, “Unlocking Policy and Tech Bottlenecks Hindering Disruptive Insurance…
The Insurance industry has witnessed ‘strange’ negative growth of eight per cent in Second Quarter, 2023. This is despite growth witnessed in other financial institutions during the period. Economic expert and Chief Executive Officer, Centre for The Promotion Of Private…
One of the pioneer members of insurance in Nigeria, Prof. Joe Irukwu, died yesterday at 89. This was disclosed in a statement by President-General, Amaokwe Item Welfare Union, Prince Harrison Eze Okorie, on behalf of the Amaba Ukwu kindred and the…
By David Awoyemi Experts are expected to converge at the second edition of the Insurance Meets Tech (IMT) conference to unlock policy and tech bottlenecks hindering disruptive insurance penetration. The conference, which will hold between September 28 and 29, 2023,…
