Managing Director, Sunu Assurance Plc, Samuel Ogbodu; Director General NIA, Mrs Yetunde Ilori; Chairman, Publicity subcommittee Insurers Committee, Akinjide Orimolade, Deputy director/ Head of Corporate Communications National Insurance Commission NAICOM, Rasaaq Salami and the Managing Director/CEO Guinea Insurance Plc Ademole Adidogun after the press conference in Lagos
While speaking at a press conference in Lagos, the Chairman of the Publicity Sub-Committee, of the Insurers Committee, Mr. Akinjide Orimolade, said the campaign will commence on Monday, July 24, on Radio, Television, Newspapers and social media platforms at the fore front
“This is a pan Nigerian campaign covering social media, print, radio jingles and television commercials some of which you will be seeing now,” he said.
Orimolade who doubles as the Managing Director of Stanbic IBTC Insurance, said the combined effort of the media would speak volume for committee and industry at large
“We need your support in this journey and do hope that as partners in progress, you will give this campaign the publicity it deserves.
Over the three months period that this campaign is scheduled to last, we expect massive publicity from you and do hope you will give it your best.
He called on Nigerians to embrace in order to take advantage of the numerous values it offers.
It will recalled that the National Insurance Commission (NAICOM) had in December 2022 approved new premium rates for Third Party Motor insurance and its corresponding claim accruable to the Total Third Party Property Damage (TTPD).
The rates took effect January 1, 2023,. “Own goods third party cover attracted N20,000 premium with N5 million compensation.
“Staff bus attracted N20,000 premium with N3 million compensation.
“Commercial (trucks, general cartage) attracted N100,000 premium with N5 million compensation.
“Special types attracted N20,000 premium with N3 million compensation.
“Tricycle attracted N5,000 with N2 million compensation.
“Motor cycle attracted N3,000 with N1m compensation.