African Alliance Insurance coverage has expressed dedication to exceeding expectations of its stakeholders, notably on this interval of exhausting instances.
The corporate, a stalwart with over 62 years of experience within the life assurance sector, is presently charting a course to creating dwell extra significant and value dwelling for each the shoppers and shareholders.
The brand new route, an final result of current retreat and strategic analysis of each the native and international happenings which have the potentials to scale back life expectancy, is anticipated to usher in intentional actions and coverage choices that may illuminate the lives of its stakeholders.
In a convincing affirmation and demonstration of Dedication to this course, Managing Director Joyce Ojemudia, in a chart with choose Journalists in Lagos declared, “African Alliance stays dedicated to swiftly and professionally settling all legitimate claims, guaranteeing enduring happiness and satisfaction for our valued prospects.”
Ojemudia stated the corporate had carried out the feat earlier than and can’t afford to relent, including that the current financial and social realities name for effectivity primarily based on innovative know-how.
Particularly, she stated, as an example, from 2019 to 2023, African Alliance exemplified this dedication by disbursing a formidable sum of over N40 billion between 2019 and 2023.
The breakdown confirmed that this substantial fee spanned numerous enterprise items, from particular person life, comprising Esusu, Takaful and Annuity totalling about N9 billion in 2019 alone.
Additionally, in 2020, about N7 billion, 2021,N7.7 billion disbursements have been made to reserving prospects.
Equally, the managing director went additional, N9.4 billion and N7 billion claims have been promptly paid to the delight of stakeholders.
Based on her, the exemplary and worthy efficiency is being carried into 2024, with African Alliance proactively paying out over N1.1 billion in claims inside the preliminary 58 days of the yr.
Ojemudia expressed the willpower of the board, Administration and employees of the corporate to sustaining the constructive trajectory, underscoring the continuing strategic initiatives geared toward propelling African Alliance to the forefront of the life assurance enterprise in Nigeria.