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Business

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ICT

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Capital Market

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Insurance

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

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

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

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Business

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

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Insurance

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

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

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

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Insurance, Pension Marketing & Distribution Summit Africa 2016

The Insurance and Pension Marketing & Distribution Summit Africa, themed “Reinventing Customer Engagement for Digital Transformation of Insurers”, is designed to enable insurers, brokers and pension administrators re-think their marketing and distribution strategies, embrace new channel evolution and adopt the customer-centric approach to gain bigger shares of the market.
The Africa Insurance and Pension Marketing & Distribution Summit focuses on new ways of distributing insurance, micro-pensions and micro-health insurance from the perspectives of experts from insurers, brokers and pension administrators community, who are slated to speak at the summit.
In two and half days, insurers, brokers and pension managers from across Africa and beyond are coming together to talk about the evolving digital innovation needs of customers and how insurers, brokers and pension operators are adapting in return at the summit.
The Africa Insurance and Pension Marketing & Distribution Summit is positioned as the largest insurance, pension and health insurance marketing event in the continent for you to gain targeted strategies to navigate and negotiate the changing Africa insurance and pension landscape and win and retain customers.
The Summit will feature Special Panel on Digital Insurance Innovation in Africa.
Topics to be discussed are:
· Africa Insurance Marketing & Distribution channels of the future;
· Digital Insurance – What Modern Technology Means for Distribution and Competition;
· Current Trends in Microinsurance Marketing &Distribution Innovation;
· Current Trends in Micropensions Marketing &Distribution Innovation;
· Current Trends in Bancassurance Marketing & Distribution Innovation;
· Digital Life & Health Insurance Marketing & Distribution Innovation;
· Leveraging Insurance Brokers Value Chain in Bancassurance Marketing & Distribution Channel;
· Insurance Telematics Solutions for Africa Insurance Industry;
· Insurance Internet of Things (IoT);
· Reinventing Customer Engagement for Digital Transformation of Insurers;
· Big Data and Insurance Analytics: A Powerful Tool for the Life, P&C insurance industry.
Target Audience:
· CEOs, Executive Directors, General Managers and Senior Managers of Insurance Companies and Pension Administrators;
· CEOs and Senior Managers of Insurance Brokers and Microfinance Institutions;
· Financial Market Regulators;
· Heads of: Business Strategy, Business Development, Channel Distribution, Retail & Branch Network, Research, Product Development/Innovation, Customer Relationship & Segmentation, Sales & Marketing, Operations, Bancassurance;
· Pension managers, sales leaders, marketing managers, branch management or product managers engaged in the execution of your distribution strategy;
· Middle level managers and officers in insurance, pension and non-bank organization handling insurance and related matters.
The Insurance and Pension Marketing & Distribution Summit Africa will take place from 28-30 September 2016, in Lagos

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Topics

Pension Industry Paid N271bn to Retirees in 2014

Operators in the pension industry paid out total of N271.15 billion as lump sum to retirees in 2014 under the new Contributory Pension Scheme (CPS) and an average monthly pension of N3.84 billion. In addition, another sum of N62.20 billion was paid as premium to insurance companies to provide life annuity for 14, 784 retirees. Mrs. Chinelo Anohu-Amazu, Director-General, National Pension Commission (PenCom) told Business Journal in an Executive Chat that a total of 115,529 workers had retired as at 31 December, 2014 with 87.20 percent (100,745) of the retirees on Programmed Withdrawal, while the remaining 12.80 percent (14,784 retirees) were on Life Annuity.

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