Author: Prince Cookey

Prince CookeyPrince Cookey is an experienced publisher and CEO, and currently is editor of Business Journal. He has previously worked at The Examiner, The Post Express newspapers, Policy magazine and the Financial Standard newspaper.

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How claims payment drives sustainable growth of insurance business

How claims payment drives sustainable growth of insurance business

One of the most contentious issues between insurance firms and policyholders in the African insurance sector is the settlement or payment of claims. A [...]
Agric insurer laments impact of anthrax disease on livestock farmers

Agric insurer laments impact of anthrax disease on livestock farmers

Livestock farmers in Nigeria and Ghana are facing existential threats following an outbreak of anthrax disease in west Africa, especially those withou [...]
Takaful insurance CEO says product is for every religious faith

Takaful insurance CEO says product is for every religious faith

One of the most misunderstood insurance products in Africa is Takaful. Indeed, many believe that Takaful is exclusively for Muslims, leading quite a n [...]
NAICOM seeks greater role for insurers in oil/gas business via local content policy

NAICOM seeks greater role for insurers in oil/gas business via local content policy

After many years of lamenting inability to underwrite big-ticket transactions in the lucrative oil and gas sector of the Nigerian economy, due to fina [...]
Nigerian insurers tap local languages to drive publicity of motor rates

Nigerian insurers tap local languages to drive publicity of motor rates

The publicity sub-committee of the Insurers Committee in Nigeria will start a publicity campaign for the new premium rates for third-party motor insur [...]
Why insurance firms need branding strategy to scale market challenges

Why insurance firms need branding strategy to scale market challenges

Lisez en Français ici Operators in the insurance sector in Africa are grappling with myriad market challenges ranging from low public awareness, re [...]
Pourquoi les compagnies d’assurance ont besoin d’une stratégie de marque pour relever les défis du marché

Pourquoi les compagnies d’assurance ont besoin d’une stratégie de marque pour relever les défis du marché

Les opérateurs du secteur de l'assurance en Afrique sont aux prises avec une myriade de défis du marché allant de la faible sensibilisation du public, [...]
Nigerian Insurance Bill hangs in balance as President leaves office May 29

Nigerian Insurance Bill hangs in balance as President leaves office May 29

As Nigerian President, Muhammadu Buhari, prepares to leave office on May 29, 2023 after eight years in office, operators in the insurance industry are [...]
The importance of financial inclusion and fintech driving insurance adoption

The importance of financial inclusion and fintech driving insurance adoption

Regulators and operators seem to be realising the benefits of financial inclusion and financial technology (fintech) in driving insurance adoption and [...]
Nigerian and Moroccan insurers deepen partnership via technical agreement

Nigerian and Moroccan insurers deepen partnership via technical agreement

In a move designed to upscale inter-African partnership in the insurance sector, the Nigerian Insurers Association (NIA) and the Moroccan Federation o [...]
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