Tuesday, May 5, 2026
32.7 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

Stanbic IBTC Bank PMI: Business Activity Continues to Rise, But Higher Fuel Costs Limit Growth

The Nigerian private sector remained in growth territory at...

Niger Delta Economic & Investment Summit 2026: Fubara, Stakeholders Discuss Strategies in PH

The Executive Governor of Rivers State, Sir Sim Fubara...

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

Sovereign Trust Insurance Set for Market Leadership via N5bn Rights Issue

Sovereign Trust Insurance Plc has completed the structuring phase...

All Set for Ecobank 2026 National Schools’ Team Chess Championship

L–R: Austen Osokpor, Head, Marketing and Corporate Communications, Ecobank...

Topics

Agricultural Productivity: NIRSAL Empowers over 2,000 Farmers in 4 States

NIRSAL's Ibrahim Suleiman taking the first Lecture in Owerri,...

AITEO: Emerging Oil & Gas Powerhouse in Nigeria

Integrated energy group, Aiteo has announced a peak production...

Equity Flashnote: Foreign Investors Still Calling the Shots

Saturday, April, 21, 2018 marked the one year anniversary...

Ecobank Customers Now Enjoy Zero Charge for Digital Money Transfers Below N5,000

    Patrick Akinwuntan Managing Director Ecobank Nigeria Plc Ecobank Nigeria says its customers...

2nd Year Anniversary: Tinubu Hails NASENI’s Contributions to National Economy

A special recognition of excellent performance toward fulfilling Federal...

Bribery Soars in Middle East & North Africa

Nearly one in three citizens who tried to access...

Pension Industry Grew 15% to N5.3tr at End 2015

The aggregate assets under the Contributory Pension Scheme ...

Leadway Pensure: West Africa’s Most Outstanding PFA Brand of the Decade

  Leadway Pensure PFA Limited, a leading Pension Fund Administrator...
spot_img

Related Articles

Popular Categories

spot_imgspot_img