FBNInsurance Provides N14.5m Group Cover to Journalists

(L-R) : Festus Izevbizua – CFO, FBN Insurance, Val Ojumah- MD/CEO, FBN Insurance,  Omobola Tolu-Kusimo- President NAIPCO,  Ngozi Onyeakusi – Financial Secretary, NAIPCO, Emeka Dibia- CHRO FBN Insurance at the formal presentation of Group Family Life Shield Certificate to NAIPCO recently.

As part of its Corporate Responsibility and Sustainability (CR&S) drive, fast growing financial services company, FBNInsurance Limited, has provided a Group Family Shield cover valued at N14.5 million for the members of the National Association of Insurance and Pension Correspondents (NAIPCO).

Speaking during official presentation of the policy certificate to the leadership of NAIPCO in Lagos, the Managing Director of FBNInsurance Limited, Val Ojumah, said NAIPCO is a major stakeholder to the company and insurance industry.

He stated that the company places high premium on its stakeholders:

He said: “For us, our stakeholders, both internal and external, are major drivers of the success of our business. NAIPCO is a major stakeholder for us. Providing the association with a Group Family Shield cover is our way of showing them how much we value and appreciate what they do,” he said.

“Today marks the beginning of another fortune in this partnership. This document exemplifies the fact that should the unforeseen happen, FBNInsurance would stand by you. While we hope you find the document in order, we also hope that this will help to foster a better working relationship with you.  Please consider this as our commitment to the ideals and values your association stands for.”

While accepting the policy certificate on behalf of the members of the Association, Omobola Tolu-Kusimo, President, NAIPCO, praised the management of FBNInsurance for its benevolence and for another addition to its many firsts as this has never been witnessed in the history of the Association. “FBNInsurance has done well with this CR&S initiative and on behalf the entire members of NAIPCO, I thank you for this. We have always been good partners in progress, we will not relent,” she concluded.

The FBNInsurance Group Family Shield cover provides support in the case of permanent disability or death. Available to all categories of association, group or society, the cover seeks to foster unity within a group while ensuring every member is protected from stated uncertainties in the course of their daily tasks.

With a large retail network of about 2,000 retail sales agents operating from 28 sales outlets and 3 branch offices nationwide, FBNInsurance is devoted to exploiting the vast uninsured public with a view to bringing affordable insurance to everyone.

Hot this week

Is Investing for Me? Rethinking Who the Stock Market is Actually Built For

  By Robinson Kolawole "Investing is not for someone like me."...

CIIN Boss, Yetunde llori, Bows Out, Lists Achievements in Office

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

WorldStage Business Forum Q2 2026: Prof. Baale Makes Case for Building World-class Nigerian Corporate Culture

L-R: Mr. Segun Adeleye, President/CEO, World Stage Limited; Prof. Lere...

Insurance Brokers Reaffirm Commitment to Local Content, Digital Innovation at SUPERNEWS Conference

Deputy President of the Nigerian Council of Registered Insurance...

Topics

MTN Nigeria Refutes Bribery Allegation Over NCC Fine

MTN Nigeria has denied a bribery allegation over its...

A.M. Best: European Insurers Continue Emerging Markets’ Growth

In an attempt to deploy excess capital, some major European insurers have developed overseas operations over the past several years but are now taking a more cautious approach, as not all overseas strategies have proven successful, according to a new report published by A.M. Best. Well-capitalised insurers looked to overseas investments in order to improve margins during a time when traditional domestic markets remain mature and saturated, while low interest rates are hitting investment returns, said the report, titled “European Insurers Continue Overseas Expansion Drive but More Focused in Approach.”

Nigeria: Illicit Drugs and the Challenge of Addiction

By Christiana Daniel ‎Nigeria’s fight against illicit drugs has intensified...

Absa: Businesses Can Tap into Stock Exchange to Drive Growth

Akinkunmi Majaro Head, Absa Securities Nigeria Limited Soaring inflation and...

Fidelity Bank Resumes International Transactions on Naira Debit Cards

Tier-one Lender, Fidelity Bank Plc, has announced the resumption...

Stanbic IBTC Bank PMI – Business Conditions Continued to Improve in October

Output and new orders continue to expand, albeit at...

PTAD: Harmonisation Reforms Designed to Advance Pension Equity

The Pension Transitional Arrangement Directorate (PTAD) says implementation of...

Consolidated Hallmark Insurance Reports N6bn Income in 2O15

Consolidated Hallmark Insurance Plc has reported premium income of...