Friday, April 11, 2025
27.9 C
Lagos

CSW2022: African Alliance Fulfils N6.65bn Claims to Customers in Q3

African Alliance Insurance Plc has demonstrated her commitment to customer satisfaction with the payment of N6.65 billion in claims as at the end of the third quarter of the year. This is coming on the heels of this year’s Customer Service Week with the theme ‘Celebrate Service’.

Restating the firm’s relentless devotion to customer satisfaction, the MD/CEO, Joyce Ojemudia, assured of the leading insurer’s commitment to prioritizing her esteemed policyholders.

“At African Alliance Insurance PLC, paying genuine claims is a trust we do not intend to break. For 62 years, we have done this without fail and this is exactly why we remain as one of Nigeria’s foremost Life insurers,” she said. “We are not inured from current economic realities. We understand how critical the times are hence our boundless resolve and commitment to fulfilling our mantra of being with them for life. On the occasion of the just concluded Customer Service Week, we would like to reassure our customers that indeed we care and look out for them at all times.”

Furthermore, Ojemudia emphasized the company’s ongoing claims payment process which is backed by year-on-year evidence of fulfilled claims. “We will continue to make sure that our strategies are updated to meet up with the demands of paying claims as due.”

According to the year-to-date break down released to the media, the Life insurer revealed it has paid a whooping N3.13bn to its Annuitants; N1.43bn in Group Life claims; N1.17bn Individual Life; N544m Takaful as well as N298m Esusu pay-outs.

Incorporated in 1960, African Alliance Insurance PLC is widely regarded as the strongest and most experienced life insurance specialist in these climes with its HQ in Lagos and 18 branches nationwide.

spot_img
spot_img
spot_img

Hot this week

Heirs Life Assurance Wins ‘Agency Company of the Year’ Award by CIFM

L-R: Yetunde Ayeni, Group Head, Resources, Heirs Insurance Group,...

Wafira Ntaba Partners Leadway Assurance to Launch Plan B Insurance, a Bespoke Product for Nigerian Women

Leadway Assurance, Nigeria's leading insurance provider, has partnered with...

Stanbic IBTC Bank Budgets N130m in 4th Season of Reward4Saving Promo

Stanbic IBTC Bank, a leading financial services provider in...

STI CEO, Soyinka to Nigerians: Cultivate a Culture of Insurance

The Managing Director and Chief Executive Officer of Sovereign...

Sterling Bank Champions Cancellation of Transfer Charges

In a landmark move that sets a new benchmark...

Topics

NCDMB Debunks Alleged N7.7bn Expenditure on Consultancy

The Nigerian Content Development and Monitoring Board (NCDMB) wishes...

DHL: Top Employer in 18 African Countries

DHL Express has been certified as a Top Employer...

NCC to Parents: Guard Against Children’s Uncontrolled Exposure to Online Activities 

L-R: Dawn Dimowo, Manager, Government Affairs and Public Policy,...

BEDC Alleges Illegal Entry into Premises by Henry Ajagbawa, Others

The BEDC Electricity Plc (BEDC) has alleged that one Henry...

Stanbic IBTC Bank Wins Best Foreign Exchange Provider Award

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC...

China Plans $12bn Aviation Investment in 2O16

The Civil Aviation Administration of China (CAAC) reported that...

NPA Reiterates Commitment to CSR in Visit to IDPs

The Management of the Nigerian Ports Authority (NPA) has...
spot_img

Related Articles

Popular Categories

spot_imgspot_img