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AIICO Claims Door Revolves For #EndSARS Losses

Nwanne Ikemefune by Nwanne Ikemefune
February 18, 2021
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AIICO Insurance Flying High With 498% Profit In Q4

Mr Babatunde Fajemirokun MD/CEO AIICO Insurance Plc

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Aiico Insurance Plc, says its readiness to meet its obligations to customers who have policy covers for incidents that occurred during the recent riots is cast in iron.

Firm managing director, Mr. Babatunde Fajemirokun, running through the maze of the unfortunate incident that had tremendous effect on individuals and businesses, both small and large said: “The losses incurred in terms of human lives and assets are enormous. Our thoughts and prayers are with those who have been affected in one way or another.”

Pledging AIICO’s commitment to claims obligation Fajemirokun, underwrites the company’s resolve, “I assure you that as a company, we are doing all that is necessary to see our customers through this phase. We are asking our customers with covered cases to contact us for immediate assistance with claims.”

Taking stock of national events which impacts on the insurance industry, he said, “The year 2020 and all we have experienced as a nation are tailwinds propelling us forward and helping us to evolve. Indeed, the injection of new imagination, energy and innovative thinking into national discourse will take us there.”

The company’s claims profile over the years provides insights into its unwavering commitment to claims settlement and benefits payment, In 2019, over N30bn was paid out to its customers. This followed N29bn in 2018 and N23.3bn in 2017.

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Nwanne Ikemefune

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