Sunday, October 19, 2025
29.8 C
Lagos

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

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 www.greatnigeriaplc.com 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.’

Hot this week

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Stanbic IBTC Bank, LOXEA BYD forge alliance for Electric Vehicle Financing

In a strategic move to advance Nigeria’s shift toward...

CBN, Bank of Angola Sign MoU on Technical Co-operation at IMF/World Bank Meeting

In an effort to enhance bilateral cooperation and technical...

NBS: Nigeria’s Inflation Falls to 18.02% in September, Lowest Level in Three Years

Nigeria’s headline inflation rate fell for the sixth consecutive...

NUPEMCO Marks 2025 CSW with Nationwide Pension Awareness Activities, Huawei-Supported National Essay competition

The Nigerian University Pension Management Company (NUPEMCO) celebrated the...

Topics

NAICOM Reviews Capital in Insurance Sector

The National Insurance Commission (NAICOM) says it is currently...

Tope Smart to Assume AIO Presidency at 47th Confab in Lagos

Mr. Tope Smart, Group Managing Director/CEO, NEM Insurance Plc...

Corruption Killing African Businesses

An estimated 34% of African businesses reported losing out on deals to corrupt competitors in an annual survey of business attitudes comprising interviews with 824 companies worldwide. The survey was conducted by Control Risks, a global business risk consultancy. Corruption is still a major cost to international business, with 34%* of respondents from Africa reported losing out on deals to corrupt competitors. Corruption risks continue to deter investors. 30% say they have decided not to conduct business in specific countries because of the perceived risk of corruption.

The Nigerian Guild of Editors Mourns Tukur Abdularahman

On behalf of the Nigerian Guild of Editors (NGE),...

Royal Exchange Reports N8.43bn Premium in 6 Months

Royal Exchange Plc, one of Nigeria’s premier insurance and financial services group, has announced that it has generated a Gross Written Premium of N8.43 billion from its business activities in the first half of the 2016 financial year, representing an increase of 34 percent over the figure of 2015, which stood at N6.28 billion.

Africa: Smartphone Shipment Grew 13.2% in Qtr2 2021

  Smartphone shipments into Africa grew 13.2% year on year...

Survey Projects Nigeria as Key Consumer Market in Africa

Consumer spending by a fast-growing middle class is as...

Lagos Launches Youth Climate Campaign, Unveils TAOOMMA as Campaign Influencer

L-R: City Adviser, Lagos, C40 Cities, Maximus Ugwuoke; Representative...
Exit mobile version