Showing posts with label Insurance Service. Show all posts
Showing posts with label Insurance Service. Show all posts

03/10/2024

Artificial Intelligence & The Future of the Insurance Industry

 





The Chartered Insurance Institute of Nigeria (CIIN) Offices Representatives Committee (CIIN-ORC) holds the BENEFITS OF (AI) ARTIFICIAL INTELLIGENCE TO THE INSURANCE INDUSTRY, today, 3/10/2024.



The Theme for the workshop event is ‘AI & The Future of the Insurance Industry’,  it will take place at the NEM Insurance Plc Conference Hall, which is at Obanikoro, Ikorodu Road, Lagos by 9am prompt.



The Guest Speaker for the event is the Managing Partner, A4S & Training Heights Dr. Orlando Odejide, while the Chief Executive Officer & Co-founder, Tsaron Technologies, Limited Jimi Fasina, is the Co-speaker.



People attending the event physically are to pay a fee of N30,000, while those participating virtually N20,000.

21/08/2023

Massive Recruitment for Unit Managers @ Custodian Life Assurance


 

Custodian Life Assurance Limited (formerly Crusader Life Assurance Limited) is one of the leading and specialist insurance company in Nigeria.


Custodian Life Assurance Limited (CLA) is the subsidiary of Custodian Investment PLC, the holding company which is quoted on the Nigerian Stock Exchange.



We are recruiting to fill the position below:


Job Title: Unit Manager

Location: Lagos

Job Type: Full-time



Description

  • Training and Recruiting New Advisors.
  • Providing excellent financial guidance and advice to Advisors.



Requirements

  • You must have at least minimum of 5 team members before applying.
  • You must have minimum of 3 years experience in the insurance industry.
  • You must have the Ability to convince someone else to buy a necessary and beneficial insurance products.
  • Having NAICOM LICENSE will be an additional benefit.



Responsibilities:

  • Create and implement a structured plan to achieve set targets.
  • Develop strong, ongoing relationships with your team members.
  • Writing reports and providing management with weekly feedback.



Qualifications

Possess a Higher Institution Degree in any discipline. (OND, HND, B.SC).


Interested and qualified candidates should send their CV to employmentngjobs@gmail.com or akanbijames@gmail.com 



NOTE:- Only shortlisted candidates will be contacted.





16/04/2023

NAICOM, PenCom move to solve annuity impasse in Niger Insurance, Standard Alliance

 




The National Insurance Commission (NAICOM) and National Pension Commission (PenCom) have being engaging on how to ensure payment of annuitants in the liquidated Niger Insurance Plc and Standard Alliance Plc, Inspenonline can report.



This medium leant that the engagement was initiated by PenCom, as it is worried over the conditions of annuitants, who have not been paid monthly pension benefits since the companies operational licences were cancelled by NAICOM.



Shareholders of both firms have gone to court to challenge NAICOM on its decision to cancel their operational licences.



NAICOM had June 28, 2022 announced the cancellation of operational certificates of Standard Alliance Insurance Plc, RIC – 091 and Niger Insurance Plc, RIC – 029 with effect from the 21st day of June, 2022.



It noted that consequently, the commission has appointed Sanya, Ogunkuade Esq of Plot 217, Upper Grace Plaza, 3rd Floor (Left Wing), Shetima Munguno Crescent, Behind Julius Berger Equipment Yard, Utako, Abuja as the Receiver/Liquidator for Niger Insurance Plc and, Kehinde Aina Esq of Aina Blankson LP, 5/7, Ademola Street, SW Ikoyi, Lagos as the Receiver/Liquidator for Standard Alliance Insurance Plc.



NAICOM said all stakeholders are advised to forward their enquiries to the respective Receiver/Liquidator for each company for their necessary action.



The Commission assured all stakeholders of the safety and protection of their interests.




02/01/2023

NAICOM may extend implementation date of new premium regime

 




The new motor insurance premium rates announced late 2022 by National Insurance Commission (NAICOM) which ought to fully commenced yesterday January 1, 2023, may be considered for an extension by the insurance regulator.


It was  discovered that some Insurers, brokers, motorists and activists, have stampeded NAICOM with request for extension on the date to enable them prepared for the new regime.


Most of the stakeholders are not opposed to the premium and claims, but they are against the short time given to motorists to comply.


Another concerned expressed by the aggrieved stakeholders is the intensed political situation of the country. They are worried that plights of motorists should not be compounded as they are struggling to buy fuel due to soar pump price brought about by scarcity of the product.


A broker who expressed misgivings on the short time given for implementation of the policy, stated that most brokers have sent out quotations to their clients and it wouldn’t be proper to proceed to withdraw the quotations now, as that would show that they are not on the same page with their regulator.


NAICOM may announce new extension date immediately after the new year holiday.




06/12/2022

Vacancy For Sales and Marketing Representatives @Leadway Assurance

 


Leadway Assurance is a leading insurance company and non banking financial solutions provider in Nigeria leveraging on our strategic capabilities in other selected markets.Our policies are tailored towards our customers business needs.


We are recruiting to fill the position below:



Job Title: Sales and Marketing Representative

Location: Lagos

Job Type: Full-time


Description

  • Leadway Assurance Company Limited (‘LEADWAY’) is one of Nigeria’s foremost insurance service companies, with a reputation for service efficiency and customer reliability.
  • We continually insure happiness, inspire talents and build excellent leaders.
  • People are at the centre of Leadway as a company. They are at the heart of our shared values to insuring happiness.
  • We are a non-discriminatory organisation seeking adaptive, goal-driven individuals to attend to our businesses interests which span Life and General Insurance Businesses, Portfolio management, trusts and property management.


Requirements 

  • You must be Passionate about selling.
  • You must be Persistent and Proactive.
  • You must have the Ability to convince someoneelse to buy a necessary and beneficial insurance products.


Responsibilities:

*Create and implement a structured plan to achieve set targets

* Develop strong, ongoing relationships with prospects and customers.

*Writing daily reports and providing management with weekly feedback


Qualifications

  • Possess a Higher Institution Degree in any discipline. (HND, B.SC).
  • Completed the mandatory NYSC programme


Application Closing Date

31/12/2022


How to Apply

Interested and qualified candidates should send their CV to s-akanbi-james@leadway.com 


NOTE:- Only shortlisted candidates will be contacted.

23/09/2022

We are CONFIDENT about our FUTURE


 


It is no longer a news that FBN Insurance is now Sanlam.



FBN Insurance encourages Nigerians to Stand up because its time to live with confidence as FBN INSURANCE is now Sanlam.


They said With Sanlam, Financial confidence is guaranteed. All customers are advised not to accommodate any form of fear as the business continues and will become even better with Sanlam.


This new development affects both FBN LIFE AND GENERAL (Non-Life).


See below some of the shots across all social media for the change.









NAICOM set to deploy insurance regulatory returns, analysis system



A web-based software solution for submission, collation and analysis of returns from insurance companies, has passed user acceptance test and ready to be deployed, the National Insurance Commission (NAICOM), has said.


The Commissioner for Insurance, Sunday Thomas, said this at an event organised by the Chartered Insurance Institute of Nigeria (CIIN) in Abeokuta, Ogun State, adding that with respect to the efforts of the Commission in the area of regulation and supervision of market, NAICOM embarked on innovative regulations, policies, guidelines and programs aimed at restructuring for the future of the Nigerian Insurance Industry.


He noted that the first phase (Module I) of the Commission’s migration from analogue to the digitalising of its core processes (execution of Project e-regulation) has been completed.


Thomas maintained that the effectiveness of the Commission’s support departments is also being enhanced with the deployment of the Enterprise Resource Planning application
in February 2022 and that the Commission issued the “Insurance Web Aggregators Operational Guidelines” which serves as a working document to register, supervise and monitor web aggregators as intermediaries who provide information on products of different Insurers.


The Chief Executive Officer (CEO) of NAICOM submitted that since the advent of COVID-19 pandemic, the way and manner in which businesses are conducted have significantly changed; with the major focus now on use of technology to ease activities.


He said the Commission has also been working to boost access to insurance through effective deployment of technology, adding that the Commission’s portal has been launched and effectively deployed.


According to him, innovation will be the key to sustenance of the industry and make insurance services seamless by leveraging technology which drives applications like Insurtech, FinTech, blockchain, data analytics, IoTs and others.


He implored insurance practitioners to work together to explore all possible means to take insurance to a new level that will enhance contribution to the nation’s economy.

 

FBN Insurance is now Sanlam

 




The Africa’s largest non-banking financial services company " SANLAM" has announced the launch of its brand in the Nigeria market, rebranding FBN Insurance to Sanlam Life Insurance Nigeria Limited.



Sanlam’s strategy is to deliver excellent products and services to clients through direct contact with the Sanlam brand.




The rebranding will apply to the life and general insurance businesses, Sanlam Life Insurance Nigeria Limited and Sanlam General Insurance Nigeria Limited, respectively.



Sanlam is a diversified financial services company headquartered in South Africa, with a strong presence in more than 30 countries on the African continent.