Millennials and Insurance: Navigating through digital transformation drive

For Nigeria’s insurance sector to remain relevant, and survive in the future financial services industry, there is a need for operators to embrace digital transformation to unlock latent potential. This, stakeholders said, has become necessary in view of changing consumer […]

Court orders insurance broker to pay former employee N1.2m

The National Industrial Court of Nigeria sitting in Abuja, on Monday, ordered Northlink Insurance Brokers Plc, to pay its former employee, Mr Raphael Ajayi, N1. 2 million, as accrued terminal benefits owed him. Ajayi, the company’s former head of Technical […]

Insurer paid N350million worth of claims in Second Quarter

One of the leading underwriting firms in the country, Saham Unitrust Insurance Nigeria Limited has paid a total claims of N350m claims to its customers at the end of second quarter of 2017 financial period. Saham Unitrust noted that this […]

Cornerstone Insurance Plc takes on millennials on facebook

Cornerstone Insurance Plc, 2016 winner of Best Use of Technology &Social Media, has made its products accessible on Facebook, thereby increasing penetration to larger population of the youth. According to Cornerstone, as millions of people use Facebook every month to […]

Climate change and insurance – communicating with your clients

Climate change is a global phenomenon and its impact has been sorely felt across Canada in recent years. Wildfires have torn through British Columbia this summer and severe hail storms are pelting the country with greater frequency. Despite ample evidence […]

Does advanced vehicle technology mean cheaper insurance premium?

Safety gadgets in cars aren’t necessarily resulting in fewer crashes. In fact, it’s quite the opposite, according to one claims exec. Patrick Barbeau, SVP of claims at Intact Financial, said the industry is in a bit of a transition period. […]