Only four states in Nigeria have complied with the compulsory Group Life Insurance Policy (GLIP), which is stipulated in the country’s Pension Reform Act. According to the National Pension Commission, only Lagos, Niger, Osun and Rivers states have complied with the GLIP as of the end of September 2017. The commission added that the four… Continue reading Only four Nigerian states have insurance cover for workers.
The Nigerian Federal Government has inaugurated a road map to guide farmers in insuring their crops. According to the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, the road map will help ensure food security across the country with farmers insuring their crops and obtaining financial support in the event of occurrence of any… Continue reading Nigeria’s Federal Government Inaugurates Insurance Roadmap for Farmers.
In the internet age, the sharing economy and the popularity of apps like Uber – which allows users to hail a ride from their phone, usually within minutes – come hand-in-hand with a change in consumer expectations. When it comes to insurance, aggregators have long had an effect on the landscape and the means… Continue reading How have Uber, Airbnb affected insurance?