AIICO Insurance Plc has concluded Bancassurance arrangements with Wema Bank to increase access to retail insurance products leveraging on the bank’s robust and efficient retail distribution network.
This followed the recent endorsement of the product by both the National Insurance Commission (NAICOM) and the Central Bank of Nigeria (CBN).
Reacting on this development, executive director, Technical, AIICO Insurance Plc, Mr. Adewale Kadri, stated that this is another move by AIICO to demonstrate its commitment to increase awareness, access and deepen insurance penetration in the country.
The public, he said, can now be linked to AIICO’s bouquet of retail products through Wema Bank’s digital channels anytime and anywhere in the world.
The Head, Retail & SME of Wema Bank, Dotun Ifebogun, stated that the bank is delighted to be partnering with AIICO on this initiative. Both organisations, he pointed out, have a shared legacy of trust and resilience that has won the loyalty of customers over decades.
‘‘We look forward to fruitful outcomes on this endeavour to the delight of our highly esteemed customers and the general public,’’ he said.
AIICO Insurance Plc is a leading life insurer in Nigeria and commenced operations in 1963.
It provides life and health insurance, general insurance, investment management and pension management services as a means to create and protect wealth for individuals, families and corporate customers.
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from LEADERSHIP Nigeria Newspapers. Contact: [email protected]
NEWS21 hours ago
Obaseki Approaches PMB, Seeks official Pardon For Late Ambrose Alli
NEWS7 hours ago
11 APC Aspirants Jostle For Governorship, 7 For Senate In Nasarawa
OPINION6 hours ago
The Multiple ‘Sins’ Of Governor Yari
POLITICS10 hours ago
APC Queries BoT Member For Attending PDP Rally
COVER STORIES12 hours ago
PDP, APC Knock INEC Over Inconclusive Osun Guber Poll
NEWS12 hours ago
N’Delta Youths Commend Bichi’s Appointment As DG DSS
POLITICS20 hours ago
Direct Primary: Ali Pate Chides Bauchi Govt Over Political Comment
NEWS10 hours ago
Osinbajo, Ambode, Other Eminent Nigerians For Book Launch In Lagos