In celebration of the International Literacy Day and in line with the FBNHoldings Group Corporate Responsibility and Sustainability initiatives, FBNInsurance has supported back-to-school kits to needy children in Lagos. At an event organised by a non-governmental organisation, Jakin NGO, 500 school children from various homes and hospices got free school bags, uniforms, notebooks, sandals and socks, among others. Jakin NGO covnvener, Bukola Adebiyi, expressed gratitude to the management of FBNInsurance for their support for the programme. She said the insurer had been sponsoring Jakin NGO’s Dress-A-Child-for-School programme for some years. FBNInsurance Managing Dirctor, Val Ojumah praised  Jakin NGO for its commitment to the less privileged. He said  at FBNInsurance, they take education seriously. He said: “This is why our best selling product, FlexiEdu, is designed to help parents and guardians ensure their c...Read more

In line with their Corporate Responsibility and Sustainability initiatives, sister insurers, FBNInsurance and FBN General Insurance, recently donated various items to two care homes, the Heritage Homes and The Down Syndrome Foundation. The companies spent the Valentine’s Day with the Children at the Heritage Homes and donated various food items, beverages, cash gift to the home. Also recently, both companies made similar donations to the Management of The Down Syndrome Foundation. Most of the items donated were largely raised through the companies’ annual Staff Gift drive, an in-house scheme that encourages members of staff of both companies to donate various items to a common cause. At the presentation ceremonies, the Executive Director, Business Development, FBNInsurance, Mr. Moruf Apampa reassured the homes of the insurers’ commitment to support the cause of both organizations in making the society a better place. The FBNI S...Read more

As part of her corporate drive to motivate outstanding staff and increase performance in terms of policy uptake, sales persistency and new business, FBNInsurance recently rewarded winners in her annual MD/CEO Ember Championship. In a press statement released by Elizabeth Agugoh, Head, Marketing and Corporate Communications, the MD/CEO Ember Championships was designed to push new premiums and increase persistency between September and December every year. “We know how hard it is to get people to buy insurance, especially as the year ends. So to encourage sales and get new businesses, this competition was set up to reward the Sales Area that meets certain sales criteria during this period,” she said. At the award presentation which held recently, the Benin Sales Area won the best performing Area for the period under review. The winning Area was given a cash reward for its effort. Enugu and Aba Areas came second and third respectively. Val Ojumah, ...Read more

…as Company Board supports pregnant women with an ultrasound scan machine. In line with her Corporate Responsibility and Sustainability initiatives, leading life insurer, FBNInsurance, recently donated a dialysis machine to the Gbagada General Hospital, Renal Dialysis centre. The donation was the second of its kind to the hospital from the company. At the official commissioning held in the premises of the Lagos hospital, the Chairperson, FBNInsurance, Mrs Adenrele Kehinde, feted the validity of the human life, reiterating that every human deserves to lead a good life. “We believe every human life is important and that every man deserves a better shot at life, no matter their health challenges. We hope, therefore, that this new machine will complement the initial one donated and that more people will have another shot at life, thanks to FBNInsurance,” she said. Also, at a separate presentation, the Chairperson announced the donation of an ...Read more

FBNInsurance has again won the coveted World Finance Global Insurance Award as the Best Life Insurance Company in Nigeria, 2017. While acknowledging the massive influence of new technology and changing global economic outlook on the insurance industry in 2017, the organisers gave kudos to the winners for their resilience in weathering the various challenges. A statement obtained on the organiser’s website said: “The World Finance Global Insurance awards aim to celebrate those that have stood out as clear industry leaders over the course of 2017 by remaining agile even in the face of rapid change.” Elizabeth Agugoh, Head, Marketing and Corporate Communications, FBNInsurance, in her reaction to the news attributed the win to her company’s continuous commitment to providing responsive insurance to every Nigerian. “In our seven years of operation, we have been able to carve a niche for ourselves by continuously engaging the consumer t...Read more

Fast-growing life insurer, FBNInsurance limited, has confirmed its continuous growth amongst the comity of insurers by bagging the prestigious ‘A+’ credit rating from the foremost research and credit ratings company, Agusto & Co. In the final rating report, the credit ratings company acknowledged FBNInsurance as a “financial institution with satisfactory financial condition and adequate capacity to meet its obligations as and when they fall due.” The report states further that: “the rating reflects its (FBNInsurance’s) strong capitalization, good profitability, moderate exposure to underwriting risk, good cash flow and liquidity as well as an experienced management team.” Industry watchers believe that while the company’s affiliation to FBNHoldings has helped her business development and risk management initiatives, her association with the Sanlam Group (SA) on the other hand has clearly aided the...Read more

In line with her corporate strategy and as a show of her continued commitment to growing the insurance retail market, the management of FBNInsurance recently rewarded her top retail agents at her annual Retail Awards held in Aba, Abia State. At the event, Ndubueze Onyekachi of the Aba Sales Region, won a brand new car as the overall winner in the financial advisor category; Ikenhi Wisdom got an all-expense paid trip to Dubai as first runner-up while Iyogwoya Roseline, last year’s winner, won a 55” OLED TV as the second runner-up. Speaking at the event, Odinakachi Umekwe, Head, Retail Distribution, FBNInsurance, acknowledged the support of the Board and Management of the company while encouraging the winners not to relent in their sales drive. “Winning is not the end of it, there is always more work to be done. Congratulations for winning this time, but remember, many others want to win too; so, work harder,” he said. Head...Read more

Fast growing Life Insurer, FBNInsurance, has been named the Insurance Company of the Year at the recently concluded 45th AfricaRe/African Insurance Organisation (AIO) conference in Accra, Ghana. Established in 1972, AIO seeks to promote inter-African co-operation in insurance and to develop a healthy insurance and reinsurance industry in Africa. Their annual awards recognize outstanding firms and individuals who have made remarkable contribution to the African insurance industry. While acknowledging the company’s rapid growth, the organisers referenced the average growth of 57.36% in premium income over the last three years, 58.6% of net profit and 43% of shareholders’ funds. Figures from the company’s recently released audited statement revealed the company recorded a 98% growth on her year-on-year premium and a 37% increase in her profit before tax over the full financial year. Commenting on the latest award, Managing Director/Chief Executi...Read more