Home Business Insurance World AIICO In Strategic Partnership With WEMA Bank To Deepen Insurance Penetration
Insurance World

AIICO In Strategic Partnership With WEMA Bank To Deepen Insurance Penetration

Share
Share

Adewale Kadri, Executive Director, Technical of AIICO Insurance Plc

 

PRESS RELEASE—Poised to deepen insurance penetration and awareness, AIICO Insurance Plc., a leading insurance Company in Nigeria on Thursday said it has concluded arrangements with Wema Bank to increase access to retail insurance products leveraging on the bank’s robust and efficient retail distribution network.

Dotun Ifebogun, Head, Retail & SME of Wema Bank

This is on the heels of the recent endorsement by both the National Insurance Commission (NAICOM) and The Central Bank of Nigeria (CBN).
Adewale Kadri, Executive Director, Technical of AIICO Insurance Plc. stated that it is another move by AIICO to demonstrate its commitment to increase awareness, access and deepen insurance penetration in Nigeria. “The public can now be linked to AIICO’s bouquet of retail products through Wema Bank’s digital channels anytime and anywhere” he said.
Dotun Ifebogun, Head, Retail & SME of Wema Bank stated that the bank is delighted to be partnering with AIICO on this initiative. He said “both organizations have a shared legacy of trust and resilience that has won the loyalty of customers over decades. We look forward to fruitful outcomes on this endeavour to the delight of our highly esteemed customers and the general public”.
AIICO Insurance Plc., a leading life insurer in Nigeria, commenced operations in 1963. It provides life and health insurance, general insurance, investment management and pension management services as a means to create and protect wealth for individuals, families and corporate customers.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

How Reliable And Comprehensive Data Can Transform Africa Insurance Industry- Dr. Awele Elumelu

Chairperson, Heirs Insurance Brokers & Avon Healthcare Limited, Dr. Awele Elumelu.  ...

AIWA Confab: Dr Elumelu Highlights, Digital Innovation, Microinsurance, PPP As Game Changer For Africa Insurance Industry

From left: President Africa Insurance Women Association, Lady Margaret Moore; Chairman Local...

Q3 2024: Veritas Kapital Assurance Post An Impressive 117% Growth In Profit After Tax

*As GPW Stands At ₦18.540bn Veritas Kapital Assurance Plc has announced a...

Sanlam’s 1056# Code: Your One-Stop Solution For Insurance Purchases, Policy Checks, And Instant Claims!

Sanlam General Insurance Nigeria Limited, a subsidiary of Sanlam Life Insurance Nigeria...