Category: Insurance & Pension

Standard Insurance repositioning Its head office to render better quality services; Opens ultra-modern office in Lekki

The Chief Executive Officer/ President, SICL, Dr. Ahmed Olaniyi Salawudeen A leading insurance broker in Nigeria, Standard Insurance Consultants Limited (SICL), has inaugurated its Lagos ultra-modern office in Lekki. The two-storey edifice located at Victoria Arobieke Street, off Admiralty Way, Lekki Phase 1, Victoria Island, Lagos boasts of modern day facilities to serve its numerous customers…

Farmers to access FG’s loans, herdsmen insurance cover

The National Insurance Commission has commenced the pilot implementation of Index-based Agricultural Insurance products in 10 northern states that will give farmers access to the Federal Government loans. The Commissioner for Insurance, Alhaji Mohammed Kari, stated this during a workshop in Abuja. He said that in partnership with the Nigeria Incentive-based Risk Sharing System for…

Ecobank tutors others investment opportunities in insurance

Ecobank Nigeria Limited is taking strategic steps to unlock investment opportunities in the insurance sector, Managing Director, Ecobank Development Company (EDC) Fund Management, Ibukun Oyedeji, said yesterday. Oyedeji made this statement at the ‘Insurance Roundtable’ organised by Ecobank Nigeria/Securities, Wealth & Asset Management (SWAM), Ecobank Capital, she said the lender would continue to take steps…

Linkage Assurance Chairman: Eseimokumoh Out; Fumudoh In  

The management of Linkage Assurance Plc has announced the appointment of Chief Joshua Benard Fumudoh as Chairman of the Board of Directors with effects from January 31, 2018, subject to the approval of the National Insurance Commission (NAICOM), and ratification by shareholders.   Fumudoh takes over from Chief Dr. John Anderson Eseimokumoh, who has resigned…

Get pension accounts, Sigma advises SMEs

One of the Pension Fund Administrators, Sigma Pensions, has urged the Small and Medium Enterprises to open Retirement Savings Accounts under the Contributory Pension Scheme and embrace voluntary contribution. A statement by the firm quoted the Vice-President, Business Development (West), Sigma Pensions, Mrs. Mabel George, as giving the advice at the ConnectNigeria SMEs E-business fair…

NAICOM to check illegal placement of business abroad

The Commissioner for Insurance, Alhaji Mohammed kari, has warned insurance consumers and operators against placing their risks abroad when the local capacity in the country has not yet been exhausted. The National Insurance Commission (NAICOM) boss said this during the first interactive session with major consumers of insurance products and services in Lagos. Kari said…