Effect of fresh licence on operations of Microinsurance companies

The National Insurance Commission (NAICOM) has called on the 17 insurance companies that are already selling microinsurance products through the window operations to acquire fresh licence within a period of 18 months. The ultimatum was issued in the revised microinsurance […]

Improving customer experience and service delivery in insurance sector

Major consumers of insurance products have said that before the nation’s insurance industry can be viable like others there is need for the regulators and operators to be mindful of efficient service delivery and prompt claims settlement to the insuring […]

Global telephony insurance market to hit $ 20.5 billion

Given the increasing prevalence of expensive household goods, cars and consumer electronics, insurance has become an unavoidable and often necessary cost in modern life. Mobile phones and smartphones in particular, are no exception to this trend. Report has it that […]

Why 12 million Nigerians drive with fake Insurance Papers

Despite the benefits from motor insurance cover, the Nigerian Insurance Association says over 12 million Nigerian motorists carry fake insurance papers. Investigations by stakeholders in the sector, revealed that many motorists prefer patronizing fraudsters for insurance papers rather than obtaining […]

Football Gossip: Jack Wilshere, Mateo Kovacic,Marcus Rashford,Kevin De Bruyne, Malcom,Javier Hernandez

Liverpool could move for Arsenal midfielder Jack Wilshere, 26, if he rejects a new contract with the Gunners. (Sun)   Manchester United are monitoring Real Madrid’s 23-year-old Croatia midfielder Mateo Kovacic. (Manchester Evening News)   Striker Marcus Rashford could leave […]

Free Insurance Cover: Mutual Benefits Assurance Plc insures Polo

Underwriting firm, Mutual Benefits Assurance, has provided free insurance cover worth N1.5 billion for the Armed Forces International Polo Tournament. Meanwhile, the company has reiterated its commitment to enhance the nation’s insurance industry through youth empowerment and other tournaments across […]