November 30, 2022

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INTERNET PROVIDER BLOG

African Alliance pays N4.08bn claims in 6 months


African Alliance Insurance coverage Plc paid N4.08 billion claims to its clients throughout a number of strains of companies within the first six months of 2022.

Talking on the agency’s claims profile, the Managing Director/Chief Government Officer, African Alliance Insurance coverage Plc, Joyce Ojemudia, reaffirmed the corporate’s dedication to paying real claims conformably.

She stated, “African Alliance Insurance coverage Plc was constructed on a strong basis of claims fee. 12 months in, 12 months out, we don’t draw back from fulfilling this vital obligation to our policyholders as due.”

Whereas expressing the corporate’s dedication to satisfying its clients, she stated, “Our pay-off isn’t just an empty assertion of information however certainly an assurance, to stay dedicated to our policyholders regardless of unexpected circumstances which can come up. It’s been 62 years, and now we have not wavered from our dedication.”

In accordance with the year-to-date break down, the life insurer stated it paid N1.81 billion in annuity claims; N857.2 million in particular person life claims; N765.4 million group life; N436.3 million Takaful, in addition to N208 million Esusu payouts.

The ISO licensed agency stated it had frequently defied the chances and continued to service all courses of Nigerians and companies with best-in-class life insurance coverage merchandise.

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