Underwriter firm, African Alliance, has assured policyholders across the country of prompt claims payment to attract more Nigerians into the sector.
This comes as the Managing Director, Joyce Ojemudia, called on Nigerians to take advantage of insurance products in their day-to-day activities, saying the insurer remained committed to swiftly settling valid claims, ensuring enduring happiness and satisfaction for its valued customers.
She said between 2019 and 2023, the organisation has settled about N40 billion in claims to policyholders.
“This substantial payment spanned diverse business units, like Group life N5.1 billion, individual life N7.5 billion, Esusu N3.4 billion, Takaful N2.8 billion, and Annuity N21.4 billion.”
“Notably, the momentum has carried into 2024, as African Alliance has proactively disbursed over N1.1 billion in claims within the initial 58 days of the year.”
Ojemudia reiterated her pledge to stakeholders, underscoring ongoing strategic initiatives aimed at propelling the African Alliance to the forefront of the life assurance business in Nigeria.
“These initiatives aimed to secure a larger market share while upholding the utmost standards of integrity and placing customer satisfaction at the forefront.”
African Alliance, according to Ojemudia, has continued to be a beacon of reliability and dedication in the life assurance landscape, promising not just financial security but a journey filled with contentment and assurance for all stakeholders.
