Tuesday, 2 July 2013

NIA assembles investigators for claims over N500m


 
Chuks Udo Okonta

A pool of independent investigators to investigate the genuineness of claims above N500 million is being assembled, the Director General Nigerian Insurers Association (NIA) Sunday Thomas, has said.

He told Inspen in a telephone interview, that the association is working hard to ensure that the pool is made up of experienced people, adding that the task is beyond the capacity of few individuals.

He said: “The first point of call is to have a pool of investigators that would carry out that assignment on behalf of the association. That is the stage that we are. We are trying to have a pool of investigators that would handle the task, for the assignment is beyond what a person can handle.”

He said the decision to institute the investigative pool was reached at the Association’s Chief Executive Officers (CEOs) retreat held early in the year, stressing that the initiative would help operators learn from mistakes made in underwriting and claims handling.     

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