Consolidated Hallmark provides cover for journalists
Insurance journalists would from October 1, will be entitled to compensation should they be involved in an accident the Managing Director, Consolidated Hallmark Insurance plc (CHI) Eddie Efekoha, has said.
He disclosed this in a chat with correspondents in Lagos, adding that the management of the company has arranged group personal accident insurance cover for journalists covering the nation’s insurance industry as part of its corporate social responsibility.
He said the cover is for a limit of N1 million per journalist in the event of accident or injury that may result in death anywhere the journalist may be in the world, adding that affected journalist would also be entitled to N1 million compensation in the event of permanent disability that may impair the performance of his duties and a limit of N200, 000 for medical expenses.
Efekoha noted that the company is constantly looking at how it could contribute its quota to the nation’s socio-economic development.
He explained that the organisation decided to provide the insurance cover bearing in mind that journalists need protection against the various hazards they are exposed to in the course of carrying out their challenging duties.
The recent unfortunate incidents involving Enenche Akogwu of Channels Television and Steve Nwosu of The Sun newspaper, according to him, have further brought to the fore why journalists must be adequately given insurance cover.
In view of the fact that insurance contracts are designed to run for a period of one year, the Consolidated Hallmark boss further assured that the insurance firm will continue to renew the policy on an annual basis at its own expense.
Efekoha equally reiterated Consolidated Hallmark’s resolve to continually empower its human capital, saying in recognition of the importance of staff and their contributions to the growth and development of the company, the insurance firm will not be relenting in the training of staff to improve on their competencies. He added that a comprehensive learning and development programme designed to equip technical staff with modern skills is run yearly in partnership with external consultants.
The Consolidated Hallmark boss further stated that the company has continued to leverage on its robust ICT platform to maintain its market share and deliver cutting edge services to its customers.
In addition to upgrading the ICT platform to the latest version of Global Insurance Business Solutions Software and improving upon the trailblazing motor insurance transaction platform for the sale of motor insurance policy online, he said the company is currently improving on its online payment platform for all classes of insurance.
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