Access Holdings acquires Megatech Insurance Brokers

Access Holdings Plc said it has obtained all required regulatory approvals to acquire Megatech Insurance Brokers Ltd. Megatech is an insurance brokerage company licensed by...

Commissioner urges insurance operators to fast track claims payment

    The Commissioner for Insurance, Mr Sunday Thomas, on Tuesday urged operators in the insurance sector in Africa to adopt measures and technology that would...

Agric insurance: Leadway Assurance partners farmers on mitigating risks of Anthrax outbreak

Determined to work towards food security in the country, one if the leading insurance companies in Nigeria Leadway Assurance said that it has taken...

“Third Party” vehicle insurance is now N15, 000, up from N5, 000 – NAICOM

The National Insurance Commission (NAICOM) has raised Third Party insurance cover for motorists from N5, 000 to N15, 000 yearly with effect from January...

Despite Poor Penetration, 13 Insurance Companies Declare N57.1bn PBT

Amid weak insurance penetration in Nigeria and challenging business environment, a total of 13 leading insurance companies in the country declared N57.1billion profit before tax...

Leadway Assurance, Corporate Farmers collaborate to boost agricultural practices for farmers in Southwest Nigeria

  Leadway Assurance, one of Nigeria's leading insurance companies, and Corporate Farmers, a renowned agricultural promotion organisation, have joined forces to organise an engaging and...

Heirs Insurance Group fasttracks market expansion through digital channels. .Commits to transforming lives...

  With strong commitments on tackling many of  the challenges  confronting the growth of insurance industry in Nigeria, two  leading insurance companies;  Heirs Insurance Limited (HIL) and Heirs Life...

NAICOM to address oil, gas operators’ needs with specialised products—-Commissioner

  The National Insurance Commission (NAICOM) has said it has intensified its ongoing drive to facilitate platforms that address the demand-supply gap in the oil...

PenCom unveils 5-year strategic plan to improve customers satisfaction

  Determined to make life in retirement a worthwhile experience, the National Pension Commission (PenCom) has introduced a new strategic plan to provide Retirement Savings...

Experts Predict Insurance Sector to Maintain 15% Annual Growth via Product Innovation, AI Adoption

Following the attainment of a N1 trillion premium income mark  by the insurance sector in the fourth quarter of 2023, insurance sector operators have...
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