The Nigerian Council of Registered Insurance Brokers (NCRIB) and the Lagos State government have partnered to promote insurance education among secondary school students in the state.
The need for insurance operators to make prompt payment of claims to retain public trust has been a major concern in some of the paper presentations of stakeholders at major industry events held between January and now.
The Nigerian subsidiary of Old Mutual Limited (OML) has initiated an insurance package called ‘Education Protection Plan (EPP or EduSure) to support parents/guardians secure uninterrupted
Chief executive officers of insurance companies have expressed concern about the rising cost of operations, including the surging price of diesel, saying it negates operational efficiency.
Despite the rising economic challenges in the country, underwriting firm, Capital Express Assurance, improved its total assets to N12.858 billion in the year 2021, compared to N11.95 billion
An InsurTech start-up that offers software solutions to insurance firms, in both Life, General and Health insurance, EVOLUTICS, has expressed readiness to address digital insurance
In 2002, I had the opportunity of meeting of selected persons from both the insurance and entertainment industries at the section of the National Stadium in Surulere, Lagos used for entertainment at the time.
The National Healthcare Insurance Authority (NHIA) has urged all 36 states governors in the country to establish National Health Insurance Scheme (NHIS) agency in their various states to provide insurance
The Federal High Court, Lagos has held that the National Insurance Commission (NAICOM) cannot increase the statutory minimum solvency capital policy for insurance companies without the National Assembly
The National Surgical, Obstetrics, Anaesthesia and Nursing Plan (NSOANP) has urged introduction of free surgical emergency care into the National Health Insurance Authority (NHIA)
With Nigeria’s insurance penetration estimated at less than one per cent, experts have attributed the low acceptance of compulsory insurance to low enforcement.
There is a need for operators to embark on prompt payment of claims to retain public trust and ensure the sector contributes optimally to economic growth.