Saturday, February 7, 2026
31.9 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

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

Paga, Leadway Assurance Partner to Safeguard Doroki Merchants with Tailored Insurance Solutions

Paga, the fintech company behind the Doroki merchant platform,...

CBN Publishes Fintech Report: Shaping the Future of Fintech in Nigeria

The Central Bank of Nigeria has released a comprehensive...

Stanbic IBTC Bank Nigeria PMI: New Orders Broadly Stable at Start of 2026

Nigerian companies faced a muted start to 2026. A...

Topics

NAICOM: Insurance Firms Will Settle Claims of Flood Victims

The National Insurance Commission (NAICOM) has pledged that operators...

Stanbic IBTC: ‘Women Should Engage in Wealth Building Investment’

As part of efforts to continually advance women entrepreneurs...

Yetunde llori, 52nd CIIN President Unveils 4-Point Agenda

Mrs. Yetunde llori, the 52nd President/Chairman of Council, Chartered...

Stanford University Business Program Takes Root in East Africa

Building on the success of its program in West...

NAIC Unveils New CEO, Executive Directors

  Mr. Yazid Shehu Umar Danfulani Managing Director /CEO His Excellency, President...

Insurers Launch ‘Live With Freedom’ Campaign to Grow Market

The insurance industry in Nigeria has collectively launched ‘Live...

SMILE Unveils SmileKonnect for International Data Roaming

Smile Communication Limited has unveiled the SmileKonnect solution for...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...
spot_img

Related Articles

Popular Categories

spot_imgspot_img