Tanker explosion: Only Seven vehicles get compensations from Insurers

Nike Popoola   Seven out of the 54 vehicles that were burnt in the tanker explosion that occurred on the Otedola Bridge end of the Lagos-Ibadan Expressway recently have been confirmed to have comprehensive insurance. Figures obtained from the Nigerian […]

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 […]

Africa’s insurance industry is poised for further growth – PwC insurance survey

Africa’s insurance industry is facing more disruption than any other industry, posing challenges for some while opening up business opportunities for others. The opportunities for growth in Africa’s insurance industry are huge despite recent economic and political uncertainty. The insurance […]

AIICO Insurance partners WEMA Bank to deepen insurance penetration

AIICO Insurance Plc., a leading insurance Company in Nigeria has concluded arrangements with Wema Bank to increase access to retail insurance products leveraging on the bank’s robust and efficient retail distribution network. This is following the recent endorsement by both […]

Sovereign Trust Insurance Plc holds AGM, grows PAT by 569%

Sovereign Trust Insurance Plc has announced that its 23rd Annual General Meeting will hold on Thursday, September 27, 2018, having met all the stipulated requirements outlined by the National Insurance Commission and the Nigerian Stock Exchange, NSE, respectively. The Meeting […]