Archives Tag: Insurance
4 Wrong Beliefs People Have About Insurance
April 19, 2022
When we talk about beliefs, it is common to everyone. Every one of us has one belief or the other which we hold on to, and as I explained in another post, our beliefs are formed from so many sources such as parental upbringing and the quality of education available to us as individuals. … Continue reading 4 Wrong Beliefs People Have About Insurance
5 Traits Of Financially Intelligent People You Should Know
April 19, 2022
There are certain traits, attributes, or habits we have as humans that affect us in one way or the other. Sometimes, these traits affect us positively, while others negatively. When it comes to your finance, there are many traits you have that could be stopping you from getting to the financial status of your dream. … Continue reading 5 Traits Of Financially Intelligent People You Should Know
7 Ways To Motivate Your Employees In Your Small Business
April 19, 2022
You may be worried about your employees’ outputs and may feel they are not putting in the required efforts and time towards their work. This happened mostly when your employees are no longer motivated well enough for the work they do. As a business owner, introducing the right motivation in your workplace will go a … Continue reading 7 Ways To Motivate Your Employees In Your Small Business
4 Important Tips To Keep In Mind Before Taking Out An Insurance
April 19, 2022
Insurance is an important investment you should consider as an adult individual, business person or career person. There is no amount of money you need to have for you to consider insurance. Insurance is available to you at any level you are. Read more about Insurance However, in choosing an insurance cover, you must do … Continue reading 4 Important Tips To Keep In Mind Before Taking Out An Insurance
Nigerian Insurance Industry: Casava Receives $4 Million Boost
April 19, 2022
With less than 2% of Nigerians said to be adequately insured, the Nigerian Insurance Industry may well be said to be on its way to increasing this number soon. This is following the news that Casava, a Nigerian Digital insurance firm has recently secured four million dollars in pre-seed funding. Read more about Insurance … Continue reading Nigerian Insurance Industry: Casava Receives $4 Million Boost
Casava Has Raised A $4 Million Pre-seed Fund
April 19, 2022
The general awareness of insurance in Africa has been bland for years, along with its penetration rate, except in South Africa. In line with a Mckinsey survey in 2018, Africa’s insurance market was at a 3% penetration rate; with South Africa excluded, it was just 1.12%. Only 1.9% of the adult population had one form of … Continue reading Casava Has Raised A $4 Million Pre-seed Fund
4 Insurance Covers Every Nigerian Business Needs
April 19, 2022
Every entrepreneur understands that the business environment is filled with so many uncertainties. These uncertainties are generally referred to as risks and they come in different forms, shapes and sizes. While some risks may not pose a great threat to the survival of a business, there exist many risks that when not properly mitigated … Continue reading 4 Insurance Covers Every Nigerian Business Needs
Brands We Love: Curacel
April 19, 2022
The importance of insuring your business, whether great or small, cannot be overstated. People that insure their businesses are better safe than sorry. According to ABI, insurance is a financial product sold by insurance companies to safeguard you and/or your property against the risk of loss, damage or theft (such as flooding, burglary or an … Continue reading Brands We Love: Curacel
The Best Insurance Plan For SMEs In Nigeria
April 19, 2022
The role of small and medium enterprises (SMEs) in the economy of Nigeria cannot be underestimated. According to the Nigeria Bureau of Statistics (NBS), local SMEs contributed about 48% of the national GDP in the last five years. Read more about Insurance There is an estimate of 17.4 million SMEs in Nigeria and they … Continue reading The Best Insurance Plan For SMEs In Nigeria
Conditions For Validity Of An Insurance Contract In Nigeria
April 19, 2022
A contract refers to any agreement between two or more parties in which there is a promise by one party to the other(s) to be met under agreed conditions. Generally, contracts are entered into by writing after discussions on them by the parties involved. However, contracts could also be entered into simply by oral … Continue reading Conditions For Validity Of An Insurance Contract In Nigeria
The Nigeria Insurance Regulator – National Insurance Commission (NAICOM)
April 19, 2022
The Insurance industry across the world is highly regulated. This is because of the place of insurance in the economy of any country. Read more about Insurance In Nigeria, the Insurance industry is regulated by the National Insurance Commission (NAICOM). This Commission is an agency of the Federal Government and is charged by law … Continue reading The Nigeria Insurance Regulator – National Insurance Commission (NAICOM)
29 Companies To Buy Vehicle Insurance In Nigeria
April 19, 2022
Are you looking to purchase an insurance policy for your vehicle and not sure where to purchase one? In this post, I bring to you a list of 29 companies, including their contact details, where you can purchase an insurance policy for your vehicle in Nigeria. Read more about Insurance These 29 companies are … Continue reading 29 Companies To Buy Vehicle Insurance In Nigeria
3 Major Types Of Vehicle Insurance In Nigeria
April 19, 2022
You just bought a brand-new Black Toyota Corolla 2020. Your friends and family gather to celebrate with you and to ‘wash the car’. One of your friends collects your car keys, jumps into the vehicle and zooms off. 15 minutes later you receive a distress call from him that there has been an accident … Continue reading 3 Major Types Of Vehicle Insurance In Nigeria
4 Strategies To Manage Your Business Risks When You Do Not Want To Take Out An Insurance Cover
April 19, 2022
In a previous article, I wrote on the 4 insurance covers every Nigerian business will need. In it, I highlighted the four main covers I believe are important to every business. These include General Liability Insurance, Vehicle Insurance, Property Insurance, and Life/Health Insurance. Read more about Insurance Every business needs the above four insurance … Continue reading 4 Strategies To Manage Your Business Risks When You Do Not Want To Take Out An Insurance Cover
Risk Management: Underwriting And Reinsurance Claims
April 19, 2022
Risk Management is the practice of identifying and analyzing loss exposures and taking steps to minimize the financial impact of the risks they impose Most insurance companies have a responsible official whose main function is to scrutinize every proposal for insurance and to decide whether the risks proposed for insurance shall be accepted or … Continue reading Risk Management: Underwriting And Reinsurance Claims
