AIICO Insurance Plc Managing director said the firm have settled over ₦200 billion as claims and benefits settlements over the past five years.
Mr Babatunde Fajemirokun, Managing Director/CEO of AIICO Insurance Plc, made the announcement in a statement made available to newsmen in Lagos on Wednesday
This reveals AIICO’s unwavering commitment to providing financial security and peace of mind to its policyholders.
Fajemirokun said a comprehensive review of AIICO’s claims and benefits settlements from 2019 to 2023 revealed that the company had consistently prioritised the timely disbursement of claims to both retail customers and corporate clients.
“According to him, the breakdown of the claims paid in the years under review reveals that in 2019, the insurer paid ₦30.6 billion as claims, ₦31.6 billion in year 2020 and ₦47.3 billion in year 2021.”
“This five-year profile is a testament of our commitment to delivering on our promises and maintaining the trust that our customers place in us.”
“We remain dedicated to continuously improving our processes and services to meet the evolving needs of our valued policyholders.”
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