FBNInsurance limited and FBNInsurance General Limited, said in their bid to change the landscape of insurance underwriting business in Nigeria, they have spread into the market some research based products that are tailored to meet public insurance needs.
The companies at their 2016 Media Product Fair organised in Lagos, highlighted these array of products saying they have been evolved to carter for risks faced by the public.
According to the Managing Director, FBN Insurance General, Bode Opadokun,some life transforming products presently in the kitty of the General business include: Fire and special peril, motor insurance, plant and all risk policy, personal accident, marine cargo and more.
FBNInsurance, has in its kitty flexible education plan, easy save plan, flexible saving plan, flexible cash flow plan, family income protection plan, extended family support plan, guarantee lifetime retirement income plan, annuity and more.
He said the company within its very short time of operations has transformed general insurance business through these products.
The Managing Director, FBNInsurance, Val Ojumah, said FBNInsurance has in its kitty flexible education plan, easy save plan, flexible saving plan, flexible cash flow plan, family income protection plan, extended family support plan, guarantee lifetime retirement income plan, annuity and more.
He said the coming of the firms into underwriting business have helped to change the landscape of the industry as they have continued to occupy more grounds at a time many of their peers are running around looking for investors to help shore up their capital.
Ojumah, enjoined members of the public to patronise FBNInsurance products, adding that the firms enjoy the robust viability of FirstBank Nigeria Plc and their South African associate Sanlam Group which have been in insurance business for over 100 years.
He said the firms’ products are pocket friendly, which can be afforded by people at different strata of life and that the claims payment records remain one of the best in the industry.
Ojumah, maintained that management of both firms work round the clock to ensure that customers’ claims are attended to promptly.
He noted that there are formal and informal and share services between both firms, as they are committed toward one goal which is providing insurance services in a unique way to satisfy their clientele.