Congrats! Standard Insurance Consultants wins in Dubai

Standard Insurance Consultants Limited, an insurance broker based in Lagos, took the name of Nigeria to the highest level when it was awarded with one of the world’s most important business award tagged “The Bizz Awards”, in an annual recognition […]

Future of Insurance: Leadway Assurance opens Franchise Opportunity Scheme

In a bid to deepen penetration rate in the retail insurance market in Nigeria, Leadway Assurance has announced its Franchise Branch Ownership Opportunity scheme in Nigerian insurance market. The innovative program tagged ‘Revolupreneur’ a third-party opportunity for 1,000 enthusiastic entrepreneurs […]

Brokers target N1.8trn Mambilla power plant project

Of about 500 insurance brokers registered and operating in the nation’s insurance sector, 26 brokers have sent in their proposals to the federal government for insurance services to insure N1.8 trillion Mambilla Hydro-Electric Power plant situated in Taraba State, The […]

7 Things NAICOM Must Do To Deepen Insurance Acceptance Before Penetration

It was mixed feelings for me as ​I read a BusinessDay report that quoted the Deputy Commissioner, Technical (NAICOM), Mr. Sunday Thomas as stating that there are only two million insurance policyholders out of Nigeria’s estimated 180 million population. Firstly, […]

Emir Sanusi launches first Islamic Insurance in Nigeria

The Emir of Kano, Malam Muhammad Sanusi 11, on Monday in Kano, launched the first Islamic insurance in Nigeria, tagged ‘Jaiz Takaful Insurance’. The Emir said at the event that the introduction of the system in Nigeria was a welcome […]

Premium Income: How FG can achieve N1trillion target

By ZAKA KHALIQ, Lagos –   The federal government has set a target of N1 trillion annual insurance premium by the year 2020 LEADERSHIP can exclusively report. It is gathered that the government is partnering the 36 states of the […]