LAGOS Chamber of Commerce & Industry (LCCI) has honoured Custodian and Allied Insurance Limited as the ‘Insurance Company of the Year’ at its annual award ceremony held in Lagos.Read More
Mrs. Funmilayo Babington-Ashaye who became 48th President and Chairman of Council of the Chartered Insurance Institute of Nigeria, CIIN, in this interview vowed to confront the lack of awareness which is the greatest challenge facing the profession and the industry.Read More
NIGER Insurance Plc has recorded Gross Premium Income (GPI) of N5.1 billion for the operating year ended December 2016.Read More
THE general notion is that insurance brokers are too many, do you agree with that?
It is wrong to say that brokers are too many. In the business of insurance, there are too many structures. There are the heavy industries like the Dangotes and the oil companies as well as the small businesses that supply to the heavy industries.
HOW did you get into insurance, was that your chosen career from the beginning?
I didn’t want to study insurance and I in fact rejected studying insurance. I wanted to go to Ahmadu Bello University because I was a very staunch Muslim student at secondary school and at HSC levels. So because of Islam, I wanted to go to ABU to study accounting and it was in the days of direct entry – before JAMB.
CHIEF Executive Officer of Staco Insurance Plc, Dr. Sakiru Oyefeso, has said that the company is poised to capture a better share of the insurance market and create more value for its stakeholders using micro insurance concept as the growth driver.Read More
Edo Commissioner for Youths and Special Duties, Mika Amanokha has told the coaching crew and players of Bendel Insurance FC that qualification of the club to the elite division was not negotiable.Read More
INSURANCE and reinsurance companies have raised alarm over multiple penalties for same infraction by regulatory authorities in Nigeria.Read More
As the Lagos State government prepares to roll out the mandatory State Health Insurance Scheme, SHIS, report of an assessment carried out on its health sector has revealed that the introduction of the SHIS, will grow health services but increase workload on the state’s institutional capacity.Read More
WITH changes in consumers’ lifestyle and preferences, pricing and marketing insurance products has become constantly evolving challenge for insurance companies, according to the Commissioner for Insurance, Alhaji MohammeRead More