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
spot_img
spot_img

Hot this week

Cardoso, Okonjo-Iweala to Headline 7th Africa Emerging Markets Forum in Abuja

A high-level fireside dialogue between the Governor of the...

Stanbic IBTC Named Winner in Four Categories at Euromoney Awards for Excellence 2026

Stanbic IBTC, a member of Standard Bank Group, was...

NGX Group Delivers Record First-Half Performance, Announces ₦1.30 Interim Dividend

Revenue rises 118% as profit before tax increases 170%,...

DataPro: Beyond the Balance Sheet: A Thorough Approach to Ratings

“In today’s complex financial world, your creditworthiness is your...

NAICOM Pledges Support for Lagos State Building Insurance Scheme

Keynote Address by Mr. Olusegun Ayo Omosehin, Commissioner for...

Topics

Etisalat’s CEO Resigns with Immediate Effect

Etisalat Group's CEO, Ahmad Julfar has resigned from the...

MTN Floors Etisalat Again over Visafone Acquisition

For the second time in a row, MTN Nigeria...

Dettol Nigeria Support Better Hygiene During Breastfeeding

The World’s leading consumer health and hygiene company, Reckitt...

COVID-19: AstraZeneca, BrandMed Commits to African Patients

  The COVID-19 pandemic and the growing burden of non-communicable...

U.S., EU Reach Insurance Regulation Agreement

United States and European Union negotiators say they have...

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

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

NEXIM Tasks SMEs in South East, Delta States on N550bn Export Facility

L – R: Chinedu Moghalu, Regional Head, NEXIM Bank,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img