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Technology innovation set the pace for insurance industry growth

Technology innovation set the pace for insurance industry growth

Insurers should be thinking about the transformational steps and technology solutions they can deploy to raise their game for long-term growth, according to two insurance-focused 2014 outlook reports released by the Deloitte Center for Financial Services.

‘Digitization‘ll be another revolution after GSM’

‘Digitization‘ll be another revolution after GSM’

AT last, Nigeria’s journey to digital broadcasting is finally getting clear cut. From all indications, by June 17, the country’s first switch off from analogue transmission will happen in Jos Plateau state.
This development is significant for two most important reasons; it will restore the integrity of Nigeria as a serious country, after shifting the goal post a couple of times.

Binis celebrate Oba Ovonramwen

Binis celebrate Oba Ovonramwen

THE Iyase of Benin Kingdom, Chief Sam Igbe and the Solomon Edebiri Centre for Change, yesterday, called for the return of stolen Bini artifacts by the British, noting that for the injustice done to the Benin Kingdom to be addressed, the British must pay compensation to the Binis.

Need to shift focus from premium growth to insurance education

Need to shift focus from premium growth to insurance education

In the past, insurance operators are more focused on how to raise their yearly premium, abandoning the need to create expansion through good services and people tailored products.
Unfortunately, this contributed to the persistence of low financial literacy in the insurance sector and the concomitant low insurance penetration in the country.