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Category Archives: Insurance

NAICOM approves two Takaful insurance firms

THE National Insurance Commission (NAICOM) has granted approval in principle (AiP) to Cornerstone Takaful Insurance Company Limited and Salam Takaful Insurance Company Limited as Composite Takaful operators to transact both family and general Takaful businesses in Nigeria. According to NAICOM

Experts task brokers to embrace technology tools for growths

The Nigerian Council of Registered Insurance Brokers (NCRIB) has been urged to deploy technology drive penetration in the Nigerian insurance market. This was disclosed at the 2019 Mid-Year Workshop of the Lagos Area Committee of brokers and other stakeholders in

How To Get the Best Value on an Insurance Policy

When you are looking for the best value in insurance, it is about more than just getting the cheapest insurance policy out there. While price is important, there is a lot more to the value of an insurance policy than

8 Tips Insurance to Consider Before Buying a Car

Most people know they need insurance for their new car, but in the excitement of buying a vehicle they may not research it as carefully as they should. Skipping over this detail may cause financial problems almost as soon as

This New Treatment Could Save the Lives of Babies. But It Costs $2.1 Million

In exchange, Novartis is asking insurers to promise that they will cover the treatment and that they will quickly decide if a child qualifies. “We know that treating these kids quickly is really paramount,” Mr. Lennon said. The payment plans

Travel Insurance warning after Briton handed £300,000 holiday bill – why was this?

HOLIDAYS can be an expensive experience yet for one female traveller, she returned home with a jaw-dropping bill significantly higher than the cost of her vacation. This has sparked a travel warning for 8.6 million Britons – but why is

British Steel was awaiting £30m disputed insurance claim

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Four insurance brokers given subpoenas in major US investigation

The New York State Department of Financial Services (NYDFS) has issued subpoenas to four insurance brokers as part of an investigation into pension risk transfer deals. The subpoenas were issued Wednesday to units of Morgan Stanley, Aon, Willis Towers Watson, and

Doctors warn Australia’s private health sector is heading towards a US-style system

“Have you got insurance?” It is one of the first questions any patient is asked when they walk into an emergency room in the United States, no matter how sick they are. And now Australian doctors are warning our own

Everything you need to know about small business health Insurance

Everything you need to know about small business health insurance The health insurance sector is rising significantly. Finding the appropriate small business health insurance can be a daunting task. It can be one of the most effective parts of your