Niger Insurance is garbed with the maxim, nothing covers like a Niger cover, but has in recent times taken several hits on account of claims default, but the company has taken off the blanket shielding its long tested front runner and is now flowing into the claims wetlands with N1.15 bn claims cheque for policyholders.
The company said its no longer crouched on claims obligation but it has risen and focused on clearing the claims table its primary attention between 2020 and now. This has been demonstrated by the board decision to dispose some of it’s real estate assets and plough it back to fund claims obligation to policyholders.
Commenting on the recent newspaper publication on the firm’s expulsion by the Nigerian Insurers Association (NIA), on complaints of default to claims obligations to policyholders, the managing director/CEO, Niger Insurance Plc, Mr. Edwin Igbiti, (pictured above) promised that Niger is committed to meeting customers’ expectations.
His pledge: “in addition to meeting commitment to our policyholders, we have created customer engagement forum to address customers’ complaints.” Igbiti said it has been very effective in addressing concerns, especially as it relates to the present financial status of the company and management initiatives.
Keeping tap on the deft moves to put the challenges behind, Niger helmsman said, “Our traction and achieved milestones were also communicated at various conferences and media parley held by the company.”
He promised that the company remains a responsible and committed corporate organisation, and assures its public and all stakeholders that all obligations especially in the area of claims payments would be met to the extent of established liabilities of insurance practices.