With CHI Life Assurance Limited, a subsidiary of Consolidated Hallmark Holdings Plc, set to be formally launched in Lagos on Wednesday, 15th October, 2025, the life insurer is fully set to deliver quality and exciting Life Assurance services to the Nigerian market.
Eddie Efekoha, chairman of CHI Life Assurance Limited and group chief executive officer of Consolidated Hallmark Holdings Plc, stated this and expressed great delight over the regulator, the National Insurance Commission (NAICOM), formal licensing of the life assurance company earlier in the year.
He said the company had since commenced operations and that this formal launch is to present the company to the market. He stated boldly that the team was fully set to deliver quality and exciting Life Assurance services to prospective and existing policyholders.
The key stakeholders in the insurance industry are expected to grace the launching event, including the commissioner for Insurance, Mr Olusegun Omesehin; the president of the Chartered Insurance Institute of Nigeria (CIIN), Mrs Yetunde Ilori; the chairman of the Nigerian Insurers’ Association (NIA), Mr Kunle Ahmed and the president of Nigerian Council of Registered Insurance Brokers (NCRIB), Prince Babatunde Oguntade, amongst other dignitaries in the financial services and other sectors of the economy.
CHI Life said it was strategically positioned to provide innovative, tailor-made solutions that will fill existing gaps in the Life Assurance market. Its array of products is designed to enhance financial security for clients, promote insurance inclusion across Nigeria, and leverage technology for seamless service delivery, among other things.
Efekoha said the company was built on the strong Consolidated Hallmark legacy of professionalism, trust, and customer satisfaction. At the same time, it is poised to leverage the Group’s exceptional service delivery and solid market reputation to not only meet but also surpass stakeholders’ expectations through prompt service to customers and exceptional returns to shareholders.