Breaking News

Niger insurance promises prompt claims settlement

By  Patience SAGHANA

Niger Insurance Plc has vowed to pay claims promptly to its teeming clients just as it promised good return on investment to its numerous stakeholders.

Mr Clinton Uranta, Managing Director of Niger Insurance plc gave the assurance  in a chat with Vanguard in Lagos last weekend.

Uranta assured that the insurance company will continue to pay all genuine claims promptly in spite of the economic meltdown.

He stated that despite the challenges in the market, the underwriting firm would remain upright and exhibit the highest level of integrity in the management and payment of claims. “Claims are why we are in the business of insurance, so, it must continue to come and that is why we are in business,” he said.

Apart from increasing the company’s branches to 42 in order to render excellent services to the people in all parts of the country, he disclosed that six regional offices have been empowered with autonomy to underwrite risks and pay claims whenever the need arises.

He stressed that even though the current global meltdown is a reality that all individuals and businesses alike have had to face, the insurance firm is quite aware of the financial implications of this reality and the need to maintain an effective financial management to be able to weather this storm.

Uranta further informed that Niger Insurance successfully maintained its core operations of risk bearing and claim settlement due to its financial stability and operational efficiency. The company paid claims of N1 billion in 2009 representing 15 percent increase over the 2008 figure.

In view of the fact that Niger Insurance prioritises human capital development, the company has in its employment well qualified and seasoned professionals willing to go extra mile to exceed customer’s expectations. The importance placed on human capital development has seen its staffs exposed to both international and local training.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.