29 results
- 7 Jul 2021
NCRIB President Endorses Heirs Insurance and Heirs Life Assurance
Dr. Mrs. Bola Onigbogi, president of Nigerian Council of Registered Brokers (NCRIB) has endorsed Heirs Insurance Limited (HIL) and Heirs Life Assurance Limited (HLA) describing both companies as…
- 2 Aug 2020
NCRIB Seeks Support Of Government On Insurance Awareness Initiative
The Nigerian Council of Registered Insurance Brokers (NCRIB), is planning a meeting between its President, Dr. (Mrs) Bola Onigbogi and President Muhammadu Buhari as part of the Council’s…
- 1 Mar 2021
NCRIB Urges FG, States to Install CCTV
Nigerian Council of Registered Insurance Brokers (NCRIB) has called on Federal Government to overhaul its security apparatus and enhance collaboration with governments and institutions to end the…
- 15 Sept 2010
Unqualified Brokers May be Kicked Out in January – NCRIB Boss
Worried by the negative image trailing the brokerage arm of the insurance industry occasioned by accusations from the underwriting arm about premium withholding and other unethical practices, the…
- 22 Sept 2025
NAICOM, NCRIB Commit to Drive Penetration
Mr. Olusegun Ayo Omosehin, the Commissioner for Insurance (CFI), has reaffirmed the National Insurance Commission’s (NAICOM) commitment to strengthening collaboration with the Nigerian Council of…
- 2 Jul 2021
Heirs Insurance and Heirs Life Set to Host Brokers at NCRIB Forum
Heirs Insurance Limited (HIL) and Heirs Life Assurance Limited (HLA), newly launched insurance companies, have announced plans to host over three hundred brokers at the Nigerian Council of Registered…
- 23 Dec 2018
Insurance Brokers Laud NAICOM over SIP Cancellation
The Nigerian Council of Registered Insurance Brokers (NCRIB) has applauded the National Insurance Commission (NAICOM) over the cancellation of State Insurance Producer (SIP), a new distributive…
- 3 Oct 2022
Elumelu Urge NAICOM to Increase Insurance Brokers’ Capital to N50m
The National Insurance Commission (NAICOM), has been urged to upgrade the minimum capital base of insurance booking firms from the current N5 million to N50 million. The insurance brokers on their…
- 8 Mar 2010
Brokers Decry Moves by NSITF to Grab Workmen’s Compensation Act
While the dust raised by proposed laws and regulation of insurance practice as it concerns the brokers is yet to settle, there are indications that individual brokers and the National Council of…
- 8 Sept 2021
Unitrust Insurance Attributes Success to Strategic Focus on Sustainable Growth
Unitrust Insurance, has said that the secret of the company’s success has been on its strategic focus on sustainable growth, and consistent improvement on its delivery channels through digital…
- 10 Mar 2015
Senate Kills Insurance Brokers Bill
Senate on Monday at a public hearing organised by its committee on Banking, Insurance and other Financial Institutions frustrated attempts to seek legal backing for Insurance brokerage and accord…
- 15 Dec 2021
Heirs Life, Insurance Roll out Platform to Revolutionize Insurance Claims Payment
Heirs Life Assurance and Heirs Insurance, said they had revolutionised insurance claims payment through the rolling out of a Fast claims feature to support insurance brokers and other consumers of…
- 2 Sept 2013
FG’s Premium Indebtedness Hits N24Bn
Federal government is owing insurance firms N24 billion premium while it has paid N669 billion to banks as interest in one year, according to Mr. Ganiyu Musa, managing director, Cornerstone Insurance…
- 15 Dec 2021
Enterprise Life Insurance to Implement Needs-based Approach Insurance Model for Customers
Enterprise Life Assurance said it has the intention of implementing a new insurance model that prioritises a needs-based approach to insurance services. The company said it has passion for keeping…
- 8 Feb 2010
Brokers Fret over Proposed Insurance Law on Capital
The stronghold of insurance brokers over the underwriting arm appears threatened, going by the content of the proposed law on insurance practice, which seeks to question the independence status which…
- 8 Mar 2010
What Insurance Companies Stand to Benefit from Bancassurance
The issue of whether or not bancasurance should be allowed a foothold in the industry has attracted attention in times past, especially soon after the recapitalization exercise. Many operators kicked…
- 5 Jul 2026
PufferPay CEO to Keynote Business Journal Fintech & Financial Inclusion Roundtable 2026
Mr. Emmanuel Ovaga, the Chief Executive Officer (CEO) of PufferPay Limited will deliver the keynote paper at the 3rd Business Journal Fintech & Financial Inclusion Roundtable 2026 scheduled for…
- 22 Feb 2010
Loss Adjusters Tasked on Man-power Development
Loss adjusters in the country have been called upon to develop their manpower needs in order to meet the growing demand of the brokerage arm of the insurance industry. Desmond Olaolu, veteran…
- 21 Jun 2010
GM Urges Brokers to Adopt Strategies to Remain Relevant
The Nigerian insurance brokers have been tasked to add more value to their services by deploying new strategies that will effectively compete in the new insurance market. This is against the…
- 21 Sept 2010
The Need for Caution When Dealing With Brokers, Agents
In sourcing for an insurance policy, some prospective buyers often get carried away by the sweet-selling efforts made to them by the insurance agents and brokers. Due to the sweeping financial…
- 14 Feb 2022
Insurance Sector’s Total Premium Reached N508bn in 2021
Mr Ganiyu Musa, chairman of the Nigeria Insurers Association (NIA), the umbrella body of insurance underwriters in the country, has said that the insurance sector in 2021 raked in N508 billion Gross…
- 2 May 2022
Universal Insurance Expands Accessibility
Universal Insurance Plc has expanded its presence in more states to boost insurance accessibility in the country. Dr. Ben Ujoatuonu, the Managing Director, Chief Executive Officer, Universal…
- 22 Mar 2023
Insurers, LASG Collaborate to Institute Compulsory School Safety Insurance Scheme
Insurance operators in Lagos are collaborating with the Lagos State Safety Commission to institute compulsory School Safety insurance scheme for all public and private schools in the State. The plan…
- 27 Jun 2023
Nigerian Insurers Pool N726.2bn Premium in 2022
Nigerian Insurers Association (NIA) yesterday said that the volume of premium recorded by its member companies in 2022 grew to about N726.2 billion. Mr Olusegun Omosehin, NIA’s Chairman, said this…
- 28 Nov 2024
NAICOM Signs Agreement with NDPC on Data Protection in Insurance Sector
The National Insurance Commission (NAICOM), has signed agreement with the Nigerian Data Protection Commission (NDPC) with the aim of enhancing data protection within the insurance sector. According…
- 22 Nov 2024
Data Commission, NAICOM Partner to Safeguard Data in Insurance Industry
Nigerian Data Protection Commission (NDPC) and National Insurance Commission (NAICOM) have signed a Memorandum of Understanding (MoU) to protect data pilfering in the insurance industry. The…
- 19 Feb 2025
NAICOM, UNDP, Others to Promote Insurance Literacy, Consumer Protection
The National Insurance Commission (NAICOM), and the United Nations Development Programme (UNDP) recently took their Insurance Literacy and Consumer Protection Campaign to Wuse Market, Abuja. NAICOM…
- 29 Jun 2026
EVC NCC, Aminu Maida, to Lead Speakers @ Business Journal Fintech & Financial Inclusion Roundtable 2026
Dr. Aminu Maida, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC) would be the Special Guest of Honour at the 3rd Business Journal Fintech & Financial Inclusion Roundtable…
- 18 Jan 2010
What Insurance Holds for Nigeria in 2010?
ndustry watchers have predicted that year 2010 may be that of magical accomplishments. For some people, it is a year of food for all, water for all or in summary, a year that would witness the…