Business Insurance

Leadway Assurance partners with Leytro to launch innovative Pay-As-You-Drive insurance solution

In a strategic move, Leadway Assurance is teaming up with Leytro, a prominent insurtech company, to introduce user-friendly, cost-effective, and incentive-driven insurance policies tailored for fleet managers and drivers. Umashime Oguzor-Doghro, a representative of Leadway Assurance, shared this in a statement released on Tuesday in Lagos, highlighting the significance of this alliance. She stated that Read More…

NAN
Business Insurance

FG reaffirms commitment to insurance sector at National Insurance Conference

The Federal Government, on Monday, reiterated its unwavering dedication to the transformation of the insurance sector and the safety of Nigerian citizens. The Commissioner for Insurance (CFI) at the National Insurance Commission (NAICOM), Sunday Thomas, emphasised this commitment during the National Insurance Conference 2023 in Abuja, which was centred around the theme “Redefining Safety – Read More…

Banking Business Insurance

Insurance buff urges Nigerians to adopt insurance-backed savings plans

Nigerians have been urged to adopt insurance-backed savings programmes by Ms. Alero Ladipo, Executive Head, Marketing and Customer Experience, Old Mutual Nigeria. In a statement released on Monday in Lagos, Ladipo stated that this was crucial in light of the current global socio-economic volatility, uncertainties, complexity, and ambiguities (VUCA). She said that in the face Read More…

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Education Metro

Brokers engage Lagos in promotion of insurance education in schools

Insurance brokers, under the umbrella of the Nigerian Council of Registered Insurance Brokers (NCRIB), have kicked off plans for a sustainable arrangement with the Lagos State government for the promotion of insurance among secondary school students in the state. The council took this step when its team visited the State Commissioner for Education, Mrs. Folashade Read More…

Business Featured Insurance

PenCom, NAICOM sign MoU

The National Pension Commission (PenCom) and the National Insurance Commission (NAICOM) on Tuesday signed a Memorandum of Understanding (MoU) to revise regulation on Retiree Life Annuity and guidelines on Group life Insurance policy. Mr Peter Aghahowa, Head, Corporate Communications Department, PenCom said in a statement that the regulation was for employees and Contributory Pension Scheme Read More…