Niger Insurance woos retirees with special annuity products

Adedeji

Chuks Udo Okonta

The Managing Director Niger Insurance Plc Kola Adedeji, said the firm has designed unique annuity products that would suit and meet the needs of retirees in the country.

He spoke at a media parley in Lagos, stressing that the company embarked on a thorough research to evolve the products.

Adedeji noted the company had five years ago, embarked on transformation programme, with emphasis on enhanced speed and efficient service delivery, and that it is pleased to note that this hub of transformation agenda has started yielding positive results.

He said the firm has been able to review most of its business operations, and in turn there are clear indices of improved operating performance.

He said the firm is ready to key into the various programmes of the Federal Government and its agencies to maximize its income and add more value to its shareholders and other stakeholders.

 “We plan to launch new products, repackage the existing ones to suit our various clientele and up-grade information technology to integrate our Regional and Branch offices.

“We have established an e-commerce department and now use ICT to drive our operations. We have adopted e-payment systems for premium collection. We will continue to build business alliances and embark on more aggressive marketing,” he said.

dedeji noted that the company would not relent on its drive towards human capital development which is key to achieving its overall objectives, stressing that as a major player in the industry, the firm will continue to support the regulatory framework and implementation of its measures and guidelines.