Fresh hope for insurance industry as NIA gets new leadership

Pursues settlement of tanker explosion victims The new leadership of the Nigeria Insurers Association (NIA) may not have officially assumed duties, but has made a strong call on the stakeholders to embrace, as a project, the redemption of the industry’s […]

AIICO sets a new milestone on Agric Insurance business

The National Insurance Commission (NAICOM) has given its approval to AIICO Insurance Plc to underwrite agricultural business in the country. The company said it is taking strategic position to be a major player in offering Agriculture Insurance, in a bid […]

Linkage Assurance records N2.89 billion profit

Shareholders of Linkage Assurance Plc who had waited over the years for dividend,finally got received five kobo per share pay out, as the company’s profit after tax increased to N2.89 billion in 2017 financial year. The shareholders, who spoke on […]

ARIAN seeks input on Tier-based Solvency Margin Initiative

The Tier-base recapitalisation introduced in the nation’s insurance industry, which deadline was brought forward to October 1, 2018, from January 1, 2019, has generated concerns for the Association of Registered Insurance Agents of Nigeria (ARIAN). The group is therefore, calling […]

Real-time Analytics: Helping boost revenues and cutting losses

More organizations are realizing the benefits of real-time data analytics and have begun adopting streaming analytics in their data management operations, according to a recent report by Market Research Future. The streaming analytics market is expected to grow to about […]

Ways To Disrupt Insurance With Customer Technology

Insurance has long been associated with frustration. From the slow underwriting process to the lengthy experience of getting a claim filed to the lack of data and analytics being used to personalize and tailor the customer experience, insurance is ripe […]