Business Journal


Great Nigeria Insurance Deepens Market with Retail Products, Services


One of the most efficient underwriting firms in the country, Great Nigeria Insurance Plc in its bid to deepen insurance penetration has re-launched affordable retail insurance products.

The products were borne out of the need to assist policyholders even to the grassroots level to mitigate risks at pocket friendly rates.

The products, which includes: GNI Motor Flex, Great Savers Delight (GSD), GNI Fireproof and Personal Accident Insurance (PAI) have been duly approved and certified by the industry apex regulator, the National Insurance Commission (NAICOM).

These products were borne out of the need to offer more benefits to policyholders at inexpensive cost especially during this current economic situation in the country.

The Corporate Communications, Brand Management and Customer Service Manager, Ms. Oyinkansola Sobande during a media chat said that the company is committed to driving the retail business having identified the segment of the market as a veritable means of improving insurance market penetration in the country.

In her words, “as a market leader, we have identified the urgent need to create new unique products and not recycle already existing generic products. Considering the staggering 86% of uninsured citizens with insurable interests; the market is clearly available to be exploited.”

Also commenting, the Head, Corporate Services, Mrs. Kofoworola Oshiga stated that the products were specially developed to meet customers’ specific needs at highly competitive rates.

She informed the insuring public that whenever they pick up any of the company’s products or services, they should be rest assured of exceptional service delivery, satisfaction, and value for money as well as prompt claims settlement whenever it occurs.

The Managing Director/Chief Executive of Great Nigeria Insurance Plc, Mrs. Cecilia O. Osipitan mentioned that the GNI Motor Flex, Fireproof and Personal Accident retail products are designed to protect the lives and properties of both the insured and the third party in crisis in form of monetary compensation while the Great Savers Delight is an investment linked savings plan developed to promote savings culture.

She equally stressed the fact that the Great Nigeria Insurance Plc has put in place a-stress-free underwriting documentation process in all its branch offices nationwide and enjoined the public to walk into any of their offices nearest to them and pick up any of the company’s products and services applicable to them.

She reiterated Great Nigeria Insurance Plc’s commitment and support to the apex regulator, National Insurance Commission (NAICOM) in increasing the penetration of insurance products across the Country.

Finally, she said that the range of the company’s products and services can be accessed on its official website on and across its social media platforms @gniplc on Instagram, Twitter, Facebook and LinkedIn.

Great Nigeria Insurance Plc has consistently lived its corporate ethos in its values PEPTIP (Professionalism, Empathy, Passion for Customers, Team Spirit, Innovation and Precision).

‘Our commitment to customers’ delight remains unshakably assured.’

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