Insurance World

Consolidated Hallmark Settles N2.1bn Marine Claims In 5Months

L-R: Saheed Egbeyemi, Deputy Managing Director, HOGG Robinson Nigeria Ltd; Ekeoma Ezeibe, Managing Director, Crystal Trust Insurance Brokers; Eddie Efekoha, Managing Director/CEO, Consolidated Hallmark Insurance Plc and Shola Tinubu, President, Nigerian Corporation for Registered Insurance Brokers, during the CHI dinner and interactive session with the insurance brokers on ‘Emerging InsurTech Trends: Driving Growth in a Digital World’ held in Lagos on Tuesday. 6/11/2018

 

 

 

BY NKECHI NAECHE–-Poised to remain true to its responsibility of paying claims, top underwriter, Comsolidated Hallmark Insurance Plc said it has paid a total of N2.1billion in claims in the marine hub session of its business at the end of October, 2018.

L-R: Saheed Egbeyemi, Deputy Managing Director, HOGG Robinson Nigeria Ltd; John Alabi, Managing Director, AGN Insurance Brokers; Ekeoma Ezeibe, Managing Director, Crystal Trust Insurance Brokers; Eddie Efekoha, Managing Director/CEO, Consolidated Hallmark Insurance Plc; Shola Tinubu, President, Nigerian Corporation for Registered Insurance Brokers and Bodejo Onaduja, Managing Director, RTS Global Insurance Brokers, during the CHI dinner and interactive session with the insurance brokers on ‘Emerging InsurTech Trends: Driving Growth in a Digital World’ held in Lagos on Tuesday. 6/11/2018

The Managing Director/ CEO Eddie Efekoha disclosed this yesterday when the company hosted brokers interactive session on ” Emerging InsurTech Trend” in Lagos, that the event occurred in April and by end of October it has settled the claims.

L-R: Saheed Egbeyemi, Deputy Managing Director, HOGG Robinson Nigeria Ltd; John Alabi, Managing Director, AGN Insurance Brokers; Ekeoma Ezeibe, Managing Director, Crystal Trust Insurance Brokers; Eddie Efekoha, Managing Director/CEO, Consolidated Hallmark Insurance Plc and Shola Tinubu, President, Nigerian Corporation for Registered Insurance Brokers, during the CHI dinner and interactive session with the insurance brokers on ‘Emerging InsurTech Trends: Driving Growth in a Digital World’ held in Lagos on Tuesday. 6/11/2018.

He said despite the tough business environment the company is poised to providing expectional services to all its client across the country.

He noted that out of ten years financial year the company has paid dividend consistently for seven years.

He However assured shareholders that the company is judiciously managing its investments in the company, adding that the oversubscription of its recent right issue is a prove that the company is doing well.

He said the company may not be making big profits like other companies, but they are doing well in all areas of the business.

On technology, he said the company has spent so much to improve the company’s technology base, adding that customers and brokers can do business from anywhere without necessarily coming to their offices due to the effective technology system in place in the company.

He explained that they may not have the capital like some companies but they have the competence in oil and gas, aviation, marine etc.

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