Sustainability of leadership in Nigeria’s insurance industry during Coronavirus pandemic

By Bekeme Masade-Olowola– It is Mark Goyder, renowned British author, and governance expert that said, “Governance and leadership are the yin and the yang of successful organisations. If you have leadership without governance you risk tyranny, fraud, and personal fiefdoms. If you have governance without leadership you risk atrophy, bureaucracy and indifference.”

Read More

FBN Holdings divests from FBN Insurance, sells to Sanlam Emerging Markets

The Boards of FBN Holdings Plc (FBNH) and Sanlam Emerging Markets (Proprietary) Limited (Sanlam) wish to announce that they have completed the sale of FBN Holdings Plc’s 65% shares in FBN Insurance Limited to Sanlam via a Share Purchase Agreement (“SPA”). This effectively confers full ownership of FBN Insurance Limited (Life) and its subsidiary, FBN General Insurance Limited on Sanlam forthwith, following receipt of all relevant regulatory approvals.

Read More

GTBank launches Beta Health, expands access to health insurance for low-income Nigerians

Guaranty Trust Bank Plc has announced the launch of Beta Health, a low-cost health financing product that offers instant access to health insurance for every Nigerian. The first of its kind in Nigeria, Beta Health provides coverage for basic and essential health services such as; general consultations, treatment for malaria, Ante Natal care, amongst others, for a subscription of N500 a month.

Read More