Despite its over 2,000-man strong retail team, FBNInsurance Limited is increasing its investment in retailing to reach every part of the country, the Managing Director, Val Ojumah, has said. Ojumah, who spoke at the company’s headquarters in Lagos, said this was part of the company’s strategic plans for the year. He said the firm’s commitment to take insurance to the nooks and crannies of the country indicated its willingness to go the extra mile in providing affordable and responsive insurance to the hitherto uninsured. He said: “Our strong presence in the retail space cannot be disputed. In spite of the number of insurance companies in Nigeria, we are yet to scratch the surface in terms of the potential of the market. “As a company, we are looking to consolidate our retail presence, improve on our delivery time and achieve a most effective process for our key functions and deliveries.’’ On the company’...Read more

On November 1st, 2017, the parties launched ‘Servier Insurance’, a loyalty product which will provide Life and Health insurance cover to all Servier customers in Nigeria. While customers purchase medication, they will now be required to register the drugs to activate the insurance cover for free. Speaking on the occasion, Ayoola Dominic, Director of Operations, Middle East and Africa (MEA) Division – Servier International, stated: “Servier is on an aggressive growth trajectory in Nigeria, and we feel this is the right time for us to collaborate with MicroEnsure to provide high quality medical services to low-income earners in the country. We approached MicroEnsure because we believe that the organization is in a good position to help us achieve this objective. Servier and MicroEnsure share a common objective of understanding needs of unserved low and middle income segment of society. We are excited about this partnership and look forward t...Read more

In a bid to continually touch lives in the society, FBNInsurance Limited and FBN General Insurance Limited, have reached out to the Down Syndrome Foundation, as part of their end of the year appreciation activities. While receiving the combined team of both companies at the administrative office and resource centre of the Foundation in Lagos, the Foundation’s Administrative Manager, Muyiwa Majekodunmi, thanked the companies for the kind gesture and used the opportunity to enlighten the team about Down syndrome. According to him, Down Syndrome is just a freak of nature, it’s a chromosomal defect. Each cell contains 21 chromosomes but for Down Syndrome patients, somewhere along the line during conception, an additional chromosome pops up thus causing the condition. “These are wonderful kids and the reason why we exist is to act as an advocacy group for them and ensure that they become useful to themselves and the society. We are like that br...Read more

FBNInsurance Limited, has provided a Group Family Shield cover valued at N14.5m for the members of the National Association of Insurance and Pension Correspondents (NAIPCO).Speaking during official presentation of the policy certificate to the leadership of NAIPCO in Lagos, the Managing Director of FBNInsurance Limited, Val Ojumah, said NAIPCO is a major stakeholder to the company and insurance industry.He stated that the company places high premium on its stakeholders: He said: “For us, our stakeholders, both internal and external, are major drivers of the success of our business. NAIPCO is a major stakeholder for us. Providing the association with a Group Family Shield cover is our way of showing them how much we value and appreciate what they do,” he said. “Today marks the beginning of another fortune in this partnership. This document exemplifies the fact that should the unforeseen happen, FBNInsurance would stand by you. While we hop...Read more