Leadway, Anchor Insurance emerge lead underwriters for N20.1bn Police Insurance

By Admin

 

Leadway Assurance and Anchor Insurance have been appointed as the lead underwriters  for the Police Group life for N20.1billion

The insurance package for the Police includes Group Life Insurance for the personnel, property insurance for buildings and barracks, as well as aviation and marine insurance to protect against unforeseen risks

The Police Group life was approved by the Federal Executive Council to safeguard police personnel, buildings, and assets

Brokers on the Police insurance are Messrs Total Security Insurance Brokers and Messrs Golan Heights Insurance Brokers with almost 100 brokers consortium

This strategic move not only demonstrates the government’s commitment to the well-being and security of its law enforcement officers but also highlights the importance of protecting critical infrastructure and assets.

According to ameh ews, by working with reputable insurance providers and leveraging the collective expertise of industry professionals, the government aims to enhance the resilience and preparedness of the police force in the face of potential challenges.

The collaboration between government entities, underwriters, insurance brokers and  industry experts underscores a proactive approach to risk management and sets a new standard for ensuring the safety and security of both personnel and infrastructure within the law enforcement sector.

The federal government through this initiative seeks to strengthen its support for the police force and bolster the overall resilience of the nation’s security apparatus

Leadway, Axa Mansard, CHI top five media performance companies – report

By Favour Nnabugwu
Top five insurance and commercial bank ranking on media performance showed Leadway Assurance, Axa Mansard and CHI in the first three of the report..
The other two are Mututal Benefits and AIICO Insurance.
The report captures and ranks the top five Insurance companies and commercial banks’ media exposure, achieved through meticulous media data gathering and analysis of salient metrics in the Online and Print media.
Leading media and public relations audit agency, P+ Measurement Services has carried out a thorough and independent analysis of the media performance of Nigerian Commercial Banks and Insurance companies for the month of June 2022.
In the insurance sector, the media performance audit report revealed thatCHI Leadway Assurance, had the most media share with 45 percent followed by AXA Mansard Insurance with 17 percent, Consolidated Hallmark Insurance clinched the third position with 14 percent, Mutual Benefit Insurance followed closely with 13 percent,  while AIICO Insurance completed the list with 11 percent media exposure
The media performance audit report revealed that the Managing Directors of Leadway Assurance, Tunde Hassan-Odukale had the most media share with 45 percent followed by Kunle Ahmed of AXA Mansard Insurance with 17 percent, Eddie Efekoha’s Consolidated Hallmark Insurance clinched the third position with 14 percent, Femi Asenuga  Mutual Benefit Insurance followed closely with  13 percent   Babatunde Fajemirokun of AIICO Insurance with 11 percent media share.
In the banking, the report says First Bank sits at the top of the chart with a 29 percent media share. Following closely is Stanbic IBTC Bank with 23 percent, Access Bank ranked third with 18 percent media share, while Fidelity Bank and Wema Bank completed the chart with 17 percent and 13 percent respectively.