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Equity Assurance Pays N200 Million Claims

by Bisi Bamishe
March 16, 2021
in Back in the days
Equity Assurance Lists 6.5 Billion Shares
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In keeping with its promise of prompt payment, Equity Assurance paid N201.84 million as claims in the first six months of this year.

This was made known during the company’s management retreat held recently by Sam Adetuwo, head of claims department, who said that though the figure was a major increase from last year’s payment, the company would continue to improve on its claim payment.

“Equity Assurance would still vigorously pursue a policy of early intervention on claims, that would further reposition the company as a major player in the industry,” he said.

Declaring the retreat open, Ibidolapo Balogun, managing director, Equity Assurance, stated that the retreat was a strategic session that should usher transformation into the company, which would aid the company on its journey to being a world class organization.

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He also stressed the need for a positive change in every staff attitude, which he believes would deliver improved quality of service to their numerous stakeholders as well as better returns to shareholders.

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Bisi Bamishe

Bisi Bamishe

I am a journalist with many years of experience in the field of Insurance and Pension. In 2003, I won Nigeria Media Merit Award of the IGI's Prize For Insurance Reporter of The Year

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