Wednesday, January 14, 2026
26.9 C
Lagos

Anchor Insurance Secures NAICOM’s Approval for Local Passengers’ Flight Welfare Scheme

Ebose Augustine

Managing Director/CEO

Anchor Insurance Company Limited

The National Insurance Commission (NAICOM) has approved Local Passengers’ Flight Welfare Scheme for Anchor Insurance Company Limited for deployment into the market in 2022.

This is coming on the determination of the firm to expand its retail market that will subsequently increase premium earnings and deepen penetration.

This was contained in a statement signed by the company’s Managing Director, Mr. Ebose Augustine, noting that the scheme will run henceforth with its existing general insurance products.

In its approval letter to the Company, NAICOM stated that “in exercise of the powers conferred on the Commission by Insurance Act 2003, your Company is hereby granted a “no objection” to introduce your product tagged “Local Passengers’ Flight Welfare Scheme” to the Nigerian Insurance market.”

According to the Managing Director, the company sees this approval as another opportunity to make the Nigerian local flight passengers enjoy more peace of mind.

He urged the local flight operators to see this insurance product as a value-added package that will endear them to their well valued passengers.

Ebose noted that as one of the fastest growing insurance companies in Nigeria, “we thrive in providing our clients with top quality insurance care through our friendly and experienced professionals, timely claim administration, customer-friendly products and super customer experience delivery.”

 

spot_img
spot_img
spot_img

Hot this week

WEF: Cyber-Enabled Fraud Now One of the Most Global Threats

Artificial intelligence, geopolitical fragmentation and a surge in cyber-enabled fraud...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

GOCOP Condoles with Former President on Death of Her Sister

The Guild of Corporate Online Publishers (GOCOP) has expressed...

Seven Issues That Will Define Nigeria’s Telecom in 2026

By Elvis Eromosele  In 2026, Nigeria’s telecommunications sector can no...

Heritage Bank: NDIC Declares N24.3bn 2nd Liquidation Dividend for Depositors

Following the revocation of the banking license of Heritage...

Topics

Stanbic IBTC Insurance CEO, Jide Orimolade, Visits Deputy Commissioner in Abuja

The Chief Executive Officer, Stanbic IBTC Insurance Limited, Mr....

CIoD Lauds NDIC’s Commitment to Corporate Governance, Ethical Leadership

L-R: MD/CE, Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan,...

PenCom Extends Online Pension Verification & Enrolment to Dec 31, 2021

NOTICE OF EXTENSION OF THE ONLINE VERIFICATION AND ENROLMENT...

P+ Measurement Unveils Nigeria’s 1st Broadcast Advert Analytics Audit Report

Nigeria’s leading media measurement and evaluation agency, P+ Measurement...

CBN: New Naira Notes Ready by December 15, 2022

Press Remarks by CBN Governor, Godwin Emefiele on Issuance...

Nigeria Drops to 99 in 2017 Global Entrepreneurship Index

Tunisia, Botswana and South Africa are the three African...
spot_img

Related Articles

Popular Categories

spot_imgspot_img