The innovative driven insurance company, FBNInsurance Limited, recently held its second Brokers’ Forum to introduce its newly launched health insurance product, SmartHealth International, to its Brokers. The Forum, which was aimed at introducing the product to the Brokers, was well attended by over 30 top ranking Brokers as well as Executive members of FBNInsurance and the healthcare solution provider, Collinson, that partnered the insurer to develop the product. While speaking at the Forum, the Managing Director/Chief Executive Officer of FBNInsurance, Val Ojumah, stated that the company, had over the years, given thought to bridging the gap in the nation’s health sector due to the inherent high cost and limited access to medical facilities by the average Nigerian. In his words: “To this end, we decided to partner an outstanding healthcare provider, Collinson, with over 30 years’ experience, to develop a flexible health insurance solut...Read more

FBNInsurance has yet again emerged the Best Life Insurance Company in Nigeria, 2020 as announced by World Finance. A statement obtained on the organisers’ website about the awardees: “The winners of this year’s World Finance Insurance Awards are the organisations most able to adapt to the new environment and help forge the future of the industry in their respective countries. This year the World Finance Insurance Awards showcases the businesses that are best equipped to handle the environment and expectations that are accompanying our new COVID-normal world. This means much more than just financial discipline. All businesses need to be leaders, but insurance companies need to be moral touchstones given the critical role they will play in the months and years ahead.” Val Ojumah, the Managing Director/CEO, FBNInsurance, in his reaction to the news attributed the win to his company’s continuous deployment and utilization of tech...Read more

       

In view of the outbreak of the COVID-19 outbreak globally, most companies are adapting to the new norms of working and seeking alternative ways of reaching their customers. FBNInsurance Limited, a foremost insurance company in Nigeria and a member of the Sanlam Group, has adequately provisioned for this new norm by upgrading its digital capabilities and platforms to adequately serve its customers, especially its payment channels.   Various payment channels have been introduced to its esteemed customers to ensure premium payments are made with ease and on time so that customers continue to enjoy the benefits of the various insurance policies held.   In a briefing with pressmen, Val Ojumah, Managing Director and CEO of FBNInsurance outlined some of the payment channels available to customers: FBNInsurance Customer and Financial Advisor (FA) Apps, E-Insurance on their website, POS at their Aba, Onitsha, Warri and Ikeja Retail...Read more

FBNInsurance together with its subsidiary, FBN General Insurance and its new owners, the Sanlam Group, hosted its Brokers in a virtual Brokers Forum recently, pledging to provide excellent services to its teeming clients. The Forum was aimed at welcoming the Brokers to the Sanlam family while providing an overview of the Groups operations and reassuring the Brokers of a seamless transition with the new ownership. The Forum was well attended by over 30 top ranking Brokers of FBNInsurance and FBN General Insurance as well as the Executive members of both businesses and the Sanlam Group. Speaking at the Forum, the Chief Executive Officer of the Sanlam Emerging Markets (SEM), Mr. Heinie Werth, stated that the core strategy of the Sanlam Group is to be one of the leading pan-african financial service providers. “With a business presence in 33 countries in Africa, we want to be the preferred service provider across the continent when it comes to pr...Read more

2019 Sanlam Awards for Excellence in Financial Journalism: 2 Nigerian Journalists emerge 1st and 2nd runner ups   Sanlam Group, owners of FBNInsurance Limited recently held its 2019 Sanlam Awards for Excellence in Financial Journalism at a socially distanced gala event in South Africa recently.   Two Nigerian Journalists from BusinessDay newspapers: Caleb Ojewale and Isaac Anyaogo emerged the 1st and 2nd runner ups respectively. Omar Mohammed of Reuters News, Kenya also emerged as 2ndrunner up with Isaac.   Amid stiff competition, Claire Bisseker was named the Sanlam Financial Journalist of the Year 2019 for her outstanding analysis of South Africa’s complex economy. Bisseker who also won the Economy category award, is a regular contender in the competition. She has won the financial journalist of the year award in 2013 and as a joint winner in 2014.   The Sanlam Financi...Read more

Val Ojumah Wins AfricaRe 2020 CEO of the Year Awards The MD/CEO, FBNInsurance Limited, Val Ojumah has emerged the CEO of the Year in the African Insurance Awards 2020 edition held virtually recently and organised by AfricanRe. Other nominees in the category won include the CEO of ARM Life, Mr. Stephen Adekunle Alangbo, the CEO of Societe Nationale D’assurance, SAA, Mr. Nacer Sais; CEO of MUA Limited, Mr. Bertrand Casteres and the CEO of GIG Insurance, Egypt, Mr. Alaa Mohamed Ali El-Zoheiry.   The award organizers AfricanRe commented that Mr. Val Ojumah won the CEO of the Year Award on the strength of his ability to turn around the fortunes of FBNInsurance and the company today is a top performer in terms of premium growth. Mr. Ojumah was also applauded for using his experience to gain market share and for overseeing a strategic acquisition – FBN General Insurance. Also,...Read more

At FBNInsurance, prompt settlement of customer’s claims is key to the success of their business; this has also continually boost customers’ confidence and trust in the company. The 2018 Most Profitable Life Insurance Company in Nigeria, FBNInsurance Limited, paid the sum of N9.92bn claims in 2019 as against N4.31bn in 2018. According to the Managing Director/Chief Executive Officer of FBNInsurance, Mr. Val Ojumah, “As a responsive and reliable insurer that keeps its promises, we promptly paid claims to our clients to the tune of N9.92bn which is a 130% increase from N4.31bn paid in 2018. Our strategy remains providing financial security for our esteemed customers and as always, we will not fail to exceed our customers’ and stakeholders’ expectations.” Commenting on the company’s commitment to customers’ satisfaction at the 5th Customer Forum organised by the insurer in Uyo, a customer who...Read more