Despite challenging operating environment in the country, underwriting companies in the nation’s insurance industry are beginning to attract more investors across continents through their third quarter of 2020 financial performance......
How to make insurance more relevant, by experts
Identifying the need to diversify insurance products to meet the needs of every Nigerian will help to deepen insurance penetration across the country, industry experts have said.
#EndSARS protests: NIA urges policyholders to approach insurers for claims
The Nigerian Insurers Association (NIA) has urged policyholders in the country, whose facilities were damaged during the #EndSARS protest to contact their insurance companies or brokers for the claims process.
FCT trains community officers on health insurance intervention
The Federal Capital Territory (FCT) Health Insurance Scheme (HIS) has begun the training for community mobilisation officers of the National Orientation Agency (NOA), on intervention programmes in Abuja. This is part of the collaborative agreement signed in August between the FHIS and the NOA, aimed at increasing the number of enrollees by raising awareness for…
How insurance products can grow economic value chain for Nigerians
Underwriters have stressed the need for Nigerians to embrace insurance products as a lifestyle, and not as regulatory necessity that would increase the economic value for both individuals and organisations in the country they added. People consider insurance mostly for vehicles because of regulatory requirements mostly to keep their activities alive, but hardly reflect on…
NCRIB woos traffic volunteers with accident cover
The Nigerian Council of Registered Insurance Brokers (NCRIB) has concluded a plan to offer group personal accident cover for 15 selected traffic volunteers.
PFA rolls out AI platform to aid real-time customer self-service
Sigma Pensions, a leading Pension Funds Administrator (PFA) in Nigeria, has launched an Artificial Intelligence (AI) powered platform, to support real-time customer self-service.
Law Union & Rock Insurance to be delisted from NSE
Law Union & Rock (LUR) Insurance will soon join the league of delisted firms, as the Nigerian Stock Exchange (NSE), has approved its application seeking voluntary delisting of its shares
NAICOM to deepen insurance penetration with digital tool
The National Insurance Commission (NAICOM) has unveiled a digital platform to drive insurance business and deepen penetration.
Underwriters canvass gender inclusion to sustain growth
Insurance experts have advocated gender inclusion as a necessary step towards deepening the growth of the sector.