• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, July 2, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Proper Claims Mgt Critical To Deepening Insurance Acceptance, Says Experts

by Zaka Khaliq
3 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

Proper Claims management is critical to deepening insurance penetration and acceptance in the country, according to experts.

Advertisement

The experts, who spoke at the at Carefirst Consult 2022 Claims Advocacy Conference with the theme ‘Catalysing Insurance Through Better Claims Experience held in Lagos, lamented about the poor insurance penetration, urging insurers to always honour genuine claims as this will trigger trust from the general public.

On his part, the principal consultant, Carefirst, Mr. Gus Wiggle said, he was inspired to set up Carefirst Consult, said, any insurer that fails to settle genuine claims is setting a bad signal to prospective policyholders, which will also affect the entire insurance industry.

According to him,“we are seeing a trend which has become very challenging and that trend actually manifested itself during #EndSARS riot where insurance companies started reminding the insured that some of their policies will not cover their exposures.”

Stating that insurers ought to have informed and explained to policyholders the terms of their policy  at the point of subscription, he urged underwriters to find every reason to pay claims rather than looking for excuses to evade claims payment.

RELATED

Tranos Begins Construction Of 800MW Solar Panel Plant To Boost Nigeria’s Energy Industry

Tranos Begins Construction Of 800MW Solar Panel Plant To Boost Nigeria’s Energy Industry

1 hour ago
Keystone Bank Empowers Entrepreneurs With SME Business Clinic Nationwide

Keystone Bank Empowers Entrepreneurs With SME Business Clinic Nationwide

2 hours ago

Disclosing that Carefirst Consult was established to work for both insurer and the insured, he said, his company is set to improve the claims payment ability of the insurance industry.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Obaseki Urges Collective Action To End Violence Against Women  

Next Post

9m Nigerians’ Records For Sale As Whatsapp Data Leaked

Zaka Khaliq

Zaka Khaliq

You May Like

Tranos Begins Construction Of 800MW Solar Panel Plant To Boost Nigeria’s Energy Industry
Business

Tranos Begins Construction Of 800MW Solar Panel Plant To Boost Nigeria’s Energy Industry

2025/07/02
Keystone Bank Empowers Entrepreneurs With SME Business Clinic Nationwide
Business

Keystone Bank Empowers Entrepreneurs With SME Business Clinic Nationwide

2025/07/02
Inflationary Pressures Hamper Business Operations
Business

Economic Reforms Drag Business Activities To 7-month Low

2025/07/02
NNPC Declares N674bn Profit For 2021
Business

NNPC, IPPG Chart Path To Delivering 3m Barrels Per Day Oil Target By 2030

2025/07/02
Customs Recovers N72.4m From Importers At Lagos Seaports
Business

Group Discusses Intermodal Cargo Evacuation From Seaports

2025/07/02
LEADERSHIP Awards: Aradel Holdings Plc Is Oil And Gas Local Content Champion Of The Year 2023
Business

Aradel Holdings, Wema Bank Join NGX 30

2025/07/02
Leadership Conference advertisement

LATEST

JUST-IN: ADC Executives Step Down, Hand Over Party To David Mark, Aregbesola

Senate Passes Bill To Establish Bitumen Dev’t Commission 

Head Of Service Urges States To Partner CIPM To Professionalise HR In Public Sector

Nominee Rejects Tinubu’s NLRC Appointment

JUST-IN: Atiku, Obi, El-Rufai, Amaechi, Others Arrive Yar’Adua Centre For ADC Meeting

Tranos Begins Construction Of 800MW Solar Panel Plant To Boost Nigeria’s Energy Industry

Nigeria’s Apostle Johnson Suleman Visits Ghanaian President Mahama

South-East Vocational, Entrepreneurial Studies Institute Underway As Reps Pass Bill For 2nd Reading

Keystone Bank Empowers Entrepreneurs With SME Business Clinic Nationwide

Gov’t Mulls N50m Grant For Tertiary Students, Unveils C’ttee To Commercialise Research

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.