Thursday, July 31, 2025
24 C
Lagos

Wapic Insurance Unveils Ombudsman Desk for Better Customer Experience

Wapic Insurance Plc has unveiled an Ombudsman Desk to ensure better customer experience in line with its transformational leadership objectives in the insurance sector.

Mrs. Yinka Adekoya, Managing Director/CEO of Wapic Insurance Plc said at the launch of the initiative that the Ombudsman Desk is to ensure seamless and smooth service for customers of the company as well as to improve their experience by remaining a top service provider in the industry. This implies having enjoyable experience with the company from the point of purchasing an insurance product to the point where the risk crystalises.

Reflecting on the development, Adekoya said: “We at Wapic Insurance Plc are very excited to be launching this initiative. Whilst the notion of having an Ombudsman Desk is not new in the western-developed society and some parts of Africa, including Nigeria, this is the time an insurance company will launch its own Ombudsman Desk. It is a feat for us as an organisation and this also buttresses our vision which is to transform and illuminate the insurance industry for the benefit of our customers and stakeholders as well as our mission which is leading in all that is worthy.”

Wapic
L-R: Executive Director, Technical, Wapic Insurance Plc, Peter Ehime; Managing Director ( Designate) Wapic Life Assurance Limited, Ayodeji Bankole-Olusina; Managing Director/CEO, Mrs. Yinka Adekoya; Executive Director, Bode Ojeniyi and Head, Internal Audit, Sunny Ogbemudia at the launch of Ombudsman Desk by Wapic in Lagos.

The Wapic Insurance CEO added that the initiative is the best medium for customers of the company to channel their disputes and also build confidence in both current and prospective customers on the unique services of the company and its ability to handle their expectations.

“Our customers should know that we are continously transparent in our business operations while our corporate goal is to continue to strengthen business relationships. Wapic Insurance Plc is happy to launch its Ombudsman Desk as we strive towards a future of mutual success.”

She was upbeat that the measure will empower the company to enjoy sustainable trust from the insuring public in terms of claims settlement and lead to retention and satisfaction of the needs of customers.

The company has already resolved 57 disputes amicably through the Ombudsman initiative in the past year.

In the insurance sector, the Ombudsman would be responsible for settling disputes that arise between the company and its customers in terms of claims settlement. When issues arise in the process of claims settlement, the Ombudsman will step in to investigate the concern(s) of the customer and mediate fair settlement to ensure both parties (underwriter and the customer) are satisfied with the outcome.

Wapic Insurance Plc achieved total income of N14 billion in the 2018 business year while total assets stood at N28 billion in the same period.

spot_img
spot_img
spot_img

Hot this week

Two NCDMB Leaders Bag Doctorate Degrees at UNIPORT Convocation

Two senior officials of the Nigerian Content Development and...

Sovereign Trust Insurance Reports 109% Insurance Revenue Growth in 2024

Sovereign Trust Insurance Plc recently released its 2024 audited...

NAICOM Issues Guidelines for Insurtech Operations Effective Aug 1

The National Insurance Commission (NAICOM) has officially issued operational...

Leadway Assurance: Official Insurance Partner of Lagos International Trade Fair 2025

L–R: Juliet Okon, Head, Alternative Channel and High Net-worth...

NNPCL: Port Harcourt Refinery Not for Sale

Group CEO, NNPC Limited, Engr. Bashir Bayo Ojulari addressing...

Topics

NPA Approves New Structure to Drive Efficiency

The Board of the Nigerian Ports Authority (NPA) has...

NIMC, FMAFS Partner on Farmer Registry, G2P Card Project

Preamble The Federal Ministry of Agriculture and Food Security (FMAFS)...

Wema Bank Empowers SMEs in Enugu via Capacity Seminar

  From left to right – Head, Corporate Strategy and...

ILAN EXCO Pays Courtesy Visit to Sovereign Trust Insurance

L-R: Lekan Oguntunde, DGM/Head, Digital & Information Technology, Sovereign...

NIA Breaks Ground for Building Project

The Nigerian Insurers Association (NIA), the umbrella body of...

NAICOM Insurance Academy Set for 3rd Qtr Take-Off

Mr. O. S. Thomas Commissioner for Insurance/CEO National Insurance Commission The National...

Union Bank: First Set of Winners Emerge in Save & Win Palli Promo 2 

Union Bank of Nigeria has rewarded the first set...

RedStar Express Reports N10bn Turnover

Red Star Express Plc has consistently posted profit in...
spot_img

Related Articles

Popular Categories

spot_imgspot_img