Stakeholders in the Information and Technology industry (IT) have advised insurance players to enhance product sales through the adoption of technology. According to them, this would enable the sector to contribute meaningfully to economic growth. The experts, who spoke at the just concluded Insurance Meets Tech 2022, convened by Motion Communications, also believed that collaboration…

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.

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.

Following the harmonisation of Nigerian insurance industry’s action plans to exploit the African Continental Free Trade Area (AfCFTA), stakeholders in the sector have set up a 15-member committee

The Nigerian Council of Registered Insurance Brokers, NCRIB, has urged Lagos State Government to pay more attention to insurance of markets across the state, in order to provide safety

Concerned by the poor insurance acceptance in Nigeria, stakeholders in the industry are demanding that greater investment be made in the acquisition and deployment of modern technology

About N9 billion claims have been paid to policyholders who suffered losses from lootings and destruction that marred the #EndSARS protests in October 2020.

Experts in the insurance industry have advised underwriting companies to adopt digital channels to remain relevant to the emerging business environment.

The National Insurance Commission (NAICOM) has urged insurance operators to invest significantly in technology to drive efficient business operations in the industry.

The Federal Government is said to have settled about N15 billion premiums under the Group Life Insurance scheme to insure it’s over 89,000 workers across the country

Underwriting firms in Nigeria’s insurance industry have begun to invest more in Corporate Social Responsibility (CSR) especially in this period of the coronavirus pandemic.

Considering the prevalent gender inequality in Nigeria, shareholders in the nation’s insurance industry have enjoined the government at all levels to close the gender gap in major aspects of society.